Xos raises $6M through registered direct offering at $5.50 per share

Filed June 5, 2026 · Period ending June 4, 2026 · ~1 min read

Key Changes

• high

  Xos sold 1,090,910 common shares to institutional investors at $5.50 per share, raising approximately $6 million in gross proceeds before fees and expenses.

  Item 1.01 verify on EDGAR →
• high

  The new share issuance dilutes existing shareholders by adding over 1 million shares to the outstanding share count at the $5.50 institutional purchase price.

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• medium

  Placement agent Roth Capital Partners will receive 6.5% of gross proceeds (approximately $390,000) plus up to $75,000 in expenses, reducing net proceeds to roughly $5.5 million.

  Item 1.01 verify on EDGAR →