Xos Raises $6 Million in Registered Direct Offering at $5.50 Per Share
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Xos completed a registered direct equity offering, selling 1,090,910 shares at $5.50 per share to institutional investors for approximately $6 million in gross proceeds. The transaction closed on June 5, 2026, under the company's effective shelf registration. Roth Capital Partners served as the exclusive placement agent, receiving a 6.5% fee and expense reimbursements. The capital raised will support general corporate needs.
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