Filing Details

Accession Number:
0001209191-21-053174
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-24 17:07:49
Reporting Period:
2021-08-20
Accepted Time:
2021-08-24 17:07:49
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
1877937 Giordano Sordoni C/O Xos, Inc.
3550 Tyburn Street, Unit 100
Los Angeles CA 90065
Chief Operating 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 24,253,816 $0.00 24,253,816 No 4 A Direct
Common Stock Disposition 2021-08-20 1,000,000 $10.00 23,253,816 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Footnotes
  1. Received pursuant to the Agreement and Plan of Merger, dated as of February 21, 2021, as amended on May 14, 2021, by and among NextGen Acquisition Corporation ("Acquiror"), Sky Merger Sub I, Inc., a Delaware corporation and wholly owned subsidiary of Acquiror ("Merger Sub") and Xos, Inc. ("Xos"), pursuant to which Merger Sub was merged with and into Xos, whereupon the separate existence of Merger Sub ceased and Xos became the surviving company and continued in existence as a subsidiary of Acquiror, which subsequently changed its name to Xos, Inc. (the "Issuer").
  2. 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.