---
title: "Xos shareholders approve 3.74 million-share increase to equity incentive plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290878395.md"
description: "Xos shareholders approved a 3.74 million-share increase to its equity incentive plan and ratified Grant Thornton LLP as independent auditors for fiscal 2026 at the June 23, 2026 annual meeting. Additionally, investors backed the potential issuance of over 20% of outstanding common stock below Nasdaq minimum price requirements to certain convertible promissory note holders, authorizing any resulting change of control."
datetime: "2026-06-25T20:44:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290878395.md)
  - [en](https://longbridge.com/en/news/290878395.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290878395.md)
generator: "portal-rs"
---

# Xos shareholders approve 3.74 million-share increase to equity incentive plan

-   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. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

### Related Stocks

- [XOS.US](https://longbridge.com/en/quote/XOS.US.md)
- [XOSWW.US](https://longbridge.com/en/quote/XOSWW.US.md)

## Related News & Research

- [Xos director Stuart Bernstein sells 30,000 shares for $125,835](https://longbridge.com/en/news/296533262.md)
- [Xos Secures U.S. Air Force Contract to Deliver Deployable Mobile Charging, Marking Defense Market Entry | XOS Stock News](https://longbridge.com/en/news/296145139.md)
- [Xos Hub™ Achieves UL 2202 Certification, Validating Industry-Leading Safety Standards for Fleet Energy Storage | XOS Stock News](https://longbridge.com/en/news/296399991.md)
- [Xos Stock Surges on US Air Force Contract Win](https://longbridge.com/en/news/296232566.md)
- [Baker Hughes declares Q3 2026 dividend of R$ 0.81 per unit](https://longbridge.com/en/news/296392545.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**