Xos

Closed (deSPAC)

Profile in progress

What it is: Inc
What it’s doing now: Merging with NextGen Acquisition Corp (NGAC) — closed (despac).
What you should know: Data is still being assembled for this company — what is shown below is everything we have verified so far.

The business, per its filings

SEC primary

Inc. Xos is a leading technology company, electric truck manufacturer, and fleet services provider for battery-electric fleets. Xos vehicles and fleet management software are purpose-built for medium- and heavy-duty commercial vehicles that travel on last-mile, back-to-base routes. The company leverages its proprietary technologies to provide commercial fleets with battery-electric vehicles that are easier to maintain and more cost-efficient on a total cost of ownership (TCO) basis than their internal combustion engine counterparts. For more information, visit www.xostrucks.com . Contacts Xos Investor Relations investors@xostrucks.com Xos Media Relations press@xostrucks.com Cautionary Statement Regarding

What the company says about itself

Web research — not audited

Xos provides commercial fleet electrification solutions, including medium and heavy-duty electric vehicles, mobile energy storage, and DC fast charging systems to help fleets reduce total cost of ownership and meet regulatory compliance.

Markets:: Commercial Fleet Electrification | Last-Mile Delivery | Warehousing Compliance
Products:: Medium and heavy duty vehicles | Mobile Energy Storage | DC Fast Charger | Xosphere®

Source: https://www.xostrucks.com/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Xos is merging with NextGen Acquisition Corp (NGAC) currently marked Closed (deSPAC).

Headline equity value	—
PIPE	≈ $220M · unsourced

Structure per SEC accession(s) 0001213900-21-026569, 0001213900-24-003084. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Xos going public?

Xos has an approved merger with the SPAC NextGen Acquisition Corp (NGAC). Deal status: Closed (deSPAC).

Does Xos have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.