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Xos Fleet Updates Executive Employment Agreements

Story Highlights
  • Xos Fleet, Inc. signed new employment agreements with its CEO and COO on June 26, 2025.
  • Xos, Inc. held its annual meeting on June 24, 2025, approving key proposals including director elections and an equity plan amendment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Xos Fleet Updates Executive Employment Agreements

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Xos ( (XOS) ) has shared an update.

On June 26, 2025, Xos Fleet, Inc., a subsidiary of Xos, Inc., entered into new Executive Employment Agreements with its CEO Dakota Semler and COO Giordano Sordoni, replacing previous agreements from 2016. These agreements maintain similar employment terms but include specific severance benefits in case of termination without cause or other defined circumstances. Additionally, Xos, Inc. held its 2025 annual stockholders meeting on June 24, 2025, where stockholders elected two directors, ratified the appointment of Grant Thornton LLP as auditors, and approved an amendment to increase shares under the 2021 Equity Incentive Plan.

The most recent analyst rating on (XOS) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Xos stock, see the XOS Stock Forecast page.

Spark’s Take on XOS Stock

According to Spark, TipRanks’ AI Analyst, XOS is a Neutral.

Xos faces a challenging environment with ongoing operational losses, negative cash flow, and bearish technical indicators. While there are positive steps towards growth and innovation, profitability and cash flow remain pressing concerns.

To see Spark’s full report on XOS stock, click here.

More about Xos

Xos, Inc. operates in the electric vehicle industry, focusing on the development and production of electric trucks and fleet solutions. The company aims to provide sustainable transportation options and has a market focus on commercial fleet operators.

Average Trading Volume: 55,423

Technical Sentiment Signal: Sell

Current Market Cap: $25.48M

For detailed information about XOS stock, go to TipRanks’ Stock Analysis page.

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