Xos prices $6.0 million registered direct offering of 1,090,910 shares at $5.50
Xos, Inc. sold 1,090,910 shares of common stock at $5.50 per share in a registered direct offering, for approximately $6.0 million in gross proceeds before placement agent fees and offering expenses. The sale was completed on June 5, 2026, under an existing shelf registration, so it adds new shares outstanding and provides cash to the company.
Key points
- Shares sold at $5.50 each, 1,090,910 shares, approximately $6.0 million gross proceeds
- Agreements dated June 4, 2026; sale completed June 5, 2026
- Roth Capital Partners acted as exclusive placement agent, with a cash fee of 6.5% of gross proceeds plus up to $75,000 in expenses
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.