Xos (XOS) has provided an update.
Xos, Inc. garnered approval from its shareholders at the 2024 Annual Meeting to expand its 2021 Equity Incentive Plan, adding 1,180,819 more shares available for issuance. This move, previously greenlit by the Board of Directors, aims to incentivize and reward company employees with an increased number of common stock options.
Learn more about XOS stock on TipRanks’ Stock Analysis page.