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- Going Concern (new) — The company states substantial doubt about its ability to continue as a going concern through the next 12 months.
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Xos launches at-the-market offering to sell up to $8.78M of common stock at $3.38/share
Filed June 23, 2026 · ~2 min read
Key Changes
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Xos may sell up to $8,779,902 of common stock in an at-the-market offering through Roth Capital Partners, with a 3.0% commission on gross proceeds.
The Offering verify on EDGAR → -
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Net proceeds are earmarked for working capital, debt servicing, and general corporate purposes, including mandatory payments on a $15.5M convertible note.
Use of Proceeds verify on EDGAR → -
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New investors face immediate dilution of $1.14 per share, as net tangible book value rises from $1.65 to $2.25 per share after the offering.
Dilution verify on EDGAR →
3 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 2, 2026 · How we verify