Filing Details
- Accession Number:
- 0001209191-21-053173
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-08-24 17:06:19
- Reporting Period:
- 2021-08-20
- Accepted Time:
- 2021-08-24 17:06:19
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1819493 | Xos Inc. | XOS | Motor Vehicle Parts & Accessories (3714) | 981550505 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1877933 | Dakota Semler | C/O Xos, Inc. 3550 Tyburn Street, Unit 100 Los Angeles CA 90065 | Chief Executive Officer | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2021-08-20 | 3,884,155 | $0.00 | 3,884,155 | No | 4 | A | Direct | |
Common Stock | Disposition | 2021-08-20 | 1,000,000 | $10.00 | 2,884,155 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2021-08-20 | 53,745,903 | $0.00 | 53,745,903 | No | 4 | A | Indirect | See Footnote |
Common Stock | Acquisiton | 2021-08-20 | 502,120 | $0.00 | 502,120 | No | 4 | A | Indirect | See Footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | S | Direct | |
No | 4 | A | Indirect | See Footnote |
No | 4 | A | Indirect | See Footnote |
Footnotes
- Received pursuant to the Agreement and Plan of Merger, dated as of February 21, 2021, as amended on May 14, 2021, by and among NextGenAcquisition Corporation ("Acquiror"), Sky Merger Sub I, Inc., a Delaware corporation and wholly owned subsidiary of Acquiror ("Merger Sub") andXos, Inc. ("Xos"), pursuant to which Merger Sub was merged with and into Xos, whereupon the separate existence of Merger Sub ceased andXos became the surviving company and continued in existence as a subsidiary of Acquiror, which subsequently changed its name to Xos, Inc.(the "Issuer").
- Sold in connection with the subscription agreements with certain investors (the "PIPE investors") pursuant to which such investors agreed to purchase, substantially concurrently with the closing of the merger, an aggregate of $216,000,000 of the Issuer's shares of common stock, including $10,000,000 of common stock held by the Reporting Person, at a price of $10.00 per share, or an aggregate of 21,600,000 shares of common stock, including 1,000,000 shares of common stock held by the Reporting Person.
- Shares held by Emerald Green Trust. Mr. Semler may be deemed to beneficially own securities held by Emerald Green Trust by virtue of his shared control over such entities.
- Shares held by GenFleet LLC. Mr. Semler may be deemed to beneficially own securities held by GenFleet, LLC by virtue of his shared control over such entities.