• Xos held its annual shareholder meeting on June 23, 2026.
• Shareholders ratified Grant Thornton LLP as independent auditors for fiscal 2026.
• Investors adopted a 2026 amendment to the 2021 Equity Incentive Plan, increasing shares reserved for issuance by 3.74 million.
• They also backed the potential issuance of 20% or more of outstanding common stock below the Nasdaq Minimum Price to certain Convertible Promissory Notes holders.
• The same vote authorized any change of control that may be deemed to occur in connection with that issuance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xos Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001819493-26-000047), on June 25, 2026, and is solely responsible for the information contained therein.