Expion360 Inc. Files S-1 for Public Offering
Ticker: XPON · Form: S-1 · Filed: 2024-07-25T00:00:00.000Z
Sentiment: neutral
Topics: ipo, registration-statement, sec-filing
TL;DR
Expion360 filed S-1, looks like they're going public soon. Watch this space.
AI Summary
Expion360 Inc. filed an S-1 registration statement on July 24, 2024, to register an unspecified number of securities. The company, incorporated in Nevada with principal offices in Redmond, Oregon, operates in the miscellaneous electrical machinery sector. This filing indicates their intent to offer securities to the public, though specific details on the offering size and price are not yet disclosed.
Why It Matters
This S-1 filing is a crucial step for Expion360 Inc. as it signals their intention to raise capital through a public offering, potentially impacting their growth and market presence.
Risk Assessment
Risk Level: medium — As an S-1 filing, it represents a company seeking to go public, which inherently carries risks associated with market reception and operational execution.
Key Numbers
- 333-280996 — SEC File Number (Identifies this specific registration statement with the SEC.)
- 0001894954 — Central Index Key (Unique identifier for Expion360 Inc. in the SEC's EDGAR system.)
Key Players & Entities
- Expion360 Inc. (company) — Registrant
- July 24, 2024 (date) — Filing Date
- Nevada (jurisdiction) — State of Incorporation
- Redmond, OR (location) — Principal Executive Offices
- 3690 (sic_code) — Standard Industrial Classification
- Corporation Service Company (company) — Agent for Service
- Ryan C. Wilkins (person) — Copies to
- Amanda McFall (person) — Copies to
- Anthony W. Basch (person) — Copies to
- J. Britton Willis (person) — Copies to
FAQ
What is the purpose of this S-1 filing for Expion360 Inc.?
The S-1 filing is a registration statement filed with the SEC to register securities for a public offering, indicating the company's intent to raise capital from public investors.
When was this S-1 filing submitted to the SEC?
The S-1 filing was submitted to the Securities and Exchange Commission on July 24, 2024.
Where are Expion360 Inc.'s principal executive offices located?
Expion360 Inc.'s principal executive offices are located at 2025 SW Deerhound Ave., Redmond, OR 97756.
What industry does Expion360 Inc. operate in?
Expion360 Inc. operates in the MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES sector, identified by SIC code 3690.
Who is the agent for service for Expion360 Inc. in Nevada?
The agent for service for Expion360 Inc. in Nevada is Corporation Service Company, located at 112 North Curry Street, Carson City, NV 89703.
Filing Stats: 4,672 words · 19 min read · ~16 pages · Grade level 16 · Accepted 2024-07-24 21:32:10
Key Financial Figures
- $0.001 — of one share of common stock, par value $0.001 per share (our "Common Stock"), two Ser
- $0 — luding one share of Common Stock, minus $0.001, and the remaining exercise price o
- $100,000 — ed to (a) make a single cash payment of $100,000, (b) issue 100,000 shares of Common Sto
- $9.10 — educe the per share exercise price from $9.10 to $4.50. The shares were issued pursua
- $4.50 — per share exercise price from $9.10 to $4.50. The shares were issued pursuant to an
Filing Documents
- xpon_s1.htm (S-1) — 592KB
- ex1_1.htm (EX-1.1) — 222KB
- ex4_6.htm (EX-4.6) — 100KB
- ex4_7.htm (EX-4.7) — 132KB
- ex4_8.htm (EX-4.8) — 121KB
- ex10_16.htm (EX-10.16) — 29KB
- ex23_1.htm (EX-23.1) — 4KB
- ex107.htm (EX-FILING FEES) — 30KB
- image_001.jpg (GRAPHIC) — 3KB
- 0001903596-24-000429.txt ( ) — 1659KB
- xpon-20240724.xsd (EX-101.SCH) — 3KB
- xpon-20240724_lab.xml (EX-101.LAB) — 33KB
- xpon-20240724_pre.xml (EX-101.PRE) — 22KB
- xpon_s1_htm.xml (XML) — 3KB
DILUTION
DILUTION 29 DESCRIPTION OF SECURITIES WE ARE OFFERING 31
UNDERWRITING
UNDERWRITING 36 LEGAL MATTERS 41 EXPERTS 41 INFORMATION INCORPORATED BY REFERENCE 42 WHERE YOU CAN FIND MORE INFORMATION 43 i ABOUT THIS PROSPECTUS This prospectus is part of a Registration Statement on Form S-1 (as amended from time to time, the "Registration Statement"). You should read this prospectus and the related exhibits filed with the Securities and Exchange Commission (the "SEC"), together with the additional information described under the headings " Where You Can Find More Information " and " Information Incorporated by Reference " before making your investment decision. All summaries in this prospectus are qualified in their entirety by the actual documents. You should rely only on the information provided in or incorporated by reference in this prospectus, in any prospectus supplement or in a related free writing prospectus, or documents to which we otherwise refer you. In addition, this prospectus contains summaries of certain provisions contained in some of the documents described herein, but reference is made to the actual documents for complete information. This prospectus includes important information about us, the securities being offered and other information you should know before investing in our securities. You should not assume that the information contained in this prospectus is accurate on any date subsequent to the date set forth on the front cover of this prospectus, even though this prospectus is delivered or securities are sold or otherwise disposed of on a later date. It is important for you to read and consider all information contained in this prospectus in making your investment decision. We may file a prospectus supplement or post-effective amendment to the Registration Statement of which this prospectus forms a part that may contain material information relating to this offering. The prospectus supplement or post-effective amendment may also add, update or change information contained in this prospectus. If t