NextGen Acquisition Corp.

Xos, Inc. is an electric mobility company engaged in manufacturing electric trucks. The firm designs and develops fully electric battery mobility systems specifically for commercial fleets. The company was founded by Dakota Semler and Giordano Sordoni on July 29, 2020 and is headquartered in Los Angeles, CA.

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LOS ANGELES--(BUSINESS WIRE)--Xos, Inc. (“Xos”), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, today announced that it has completed its previously announced business combination with NextGen Acquisition Corporation (NASDAQ: NGAC, “NextGen”) to take Xos public. The combined company has been renamed “Xos, Inc.” and its shares will commence trading on the Nasdaq Capital Market on August 20, 2021 under the ticker symbol “XOS”. NextGen's shareholders approved the

Xos, Inc. Listed on Nasdaq Under the Ticker “XOS”

LOS ANGELES--(BUSINESS WIRE)--NextGen Acquisition Corp. (“NextGen”)(NASDAQ: NGAC) today announced that its stockholders approved all proposals related to the previously announced business combination with Xos, Inc. (“Xos”, or “the Company”), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles at a special meeting of stockholders held today. A Form 8-K disclosing the full voting results is expected to be filed with the Securities and Exchange Commission. The closing o

NextGen Acquisition Corporation Shareholders Approve Business Combination with Xos

LOS ANGELES & BOCA RATON, Fla.--(BUSINESS WIRE)--NextGen Acquisition Corporation (NASDAQ:NGAC) (“NextGen”) a publicly-traded special purpose acquisition company, reminds its shareholders to vote in favor of the approval of NextGen's proposed business combination with Xos, Inc. (“Xos” or the “Company”), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, and the related proposals to be voted upon at NextGen's extraordinary general meeting on August 18, 2021. The extr

NextGen Reminds Shareholders to Vote in Favor of Business Combination with Xos

LOS ANGELES--(BUSINESS WIRE)--Xos, Inc., a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles that has announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC, “NextGen”), today unveiled Xos Hub™ (“Xos Hub”), a mobile charging station to help its fleet customers access charging infrastructure at their fleet yard without having to wait for traditional infrastructure installation. Xos Hub is part of the larger service offering of Xos

Xos, Inc. Unveils Xos Hub™, a Mobile Charging Station for Commercial Fleets

LOS ANGELES & BOCA RATON, Fla.--(BUSINESS WIRE)--Xos, Inc. (“Xos”), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles that has announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC, “NextGen”), today announced that Xos has signed agreements with FedEx Ground operators to deliver 120 zero emission electric trucks across 35 different FedEx Ground operators based in California, New York, New Jersey, Massachusetts, and Texas. Deliv

FedEx Ground Operators Order 120 Xos Trucks For 2021 and 2022 Delivery

LOS ANGELES & BOCA RATON, Fla.--(BUSINESS WIRE)--Xos, Inc. (“Xos”), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles that has announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC, “NextGen”), today announced that the Xos stepvan has successfully completed a key durability test at an automotive test track and proving grounds in New Carlisle, Indiana. For more information on the rigorous durability testing process and its essen

Xos Truck Completes Additional Durability Test Simulating 200,000 Real-World Miles Driven

LOS ANGELES & BOCA RATON, Fla.--(BUSINESS WIRE)--NextGen Acquisition Corporation (NASDAQ:NGAC) (“NextGen”) today announced its Registration Statement on Form S-4 in connection with the previously announced business combination (the “Business Combination”) with Xos, Inc. ("Xos" or the "Company"), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, has been declared effective by the Securities and Exchange Commission (the “SEC”). NextGen has set August 18, 2021 at 9:0

Xos Registration Statement Related to Business Combination With NextGen Acquisition Corporation Declared Effective by SEC

LOS ANGELES--(BUSINESS WIRE)--Xos, Inc. (“Xos”), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles that has announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC, “NextGen”), today announced the hiring of two senior engineering leaders, Justin Yee and Mathew Freiheit. Mr. Yee has been appointed Director of Advanced Vehicle Engineering for Xos and Mr. Freiheit has been appointed Xos' Chief Engineer. In their new roles, Mr. Yee a

Xos, Inc. Adds to Leadership Team with Senior Engineering Hires

LOS ANGELES & BOCA RATON, Fla.--(BUSINESS WIRE)--Xos, Inc., a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles ("Xos"), and NextGen Acquisition Corporation (NASDAQ:NGAC) (“NextGen”), a special purpose acquisition company that recently announced a planned business combination with Xos, today announced the nominees for the board of directors of the combined company (“New Xos”). The New Xos board will be convened upon the closing of the business combination transaction

Xos and NextGen Announce Director Nominees to the New Xos Board of Directors

LOS ANGELES--(BUSINESS WIRE)--Xos, Inc. ("Xos" or the "Company"), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles that has announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC) (“NextGen”), today announced that Dakota Semler, Co-Founder and Chief Executive Officer of Xos, will speak at the annual Route Consultant Contractor Expo, the largest independent gathering for FedEx contractors in the country. The Expo will be hosted

Xos, Inc. to Attend Expo for FedEx Contractors and to Offer “Ride and Drives” with Xos Vehicles

LOS ANGELES--(BUSINESS WIRE)--Xos, Inc. ("Xos" or the "Company"), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles that has announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC) (“NextGen”), on Tuesday, July 13, 2021 at 11 a.m. Eastern Time participated in an ICR De-SPAC webinar hosted by Wedbush Securities Managing Director and Technology Analyst Dan Ives, and today shared a replay of the webcast. Topics of discussion during

Xos Shares Replay of ICR De-SPAC Webinar

LOS ANGELES--(BUSINESS WIRE)--Xos, Inc. ("Xos" or the "Company"), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles that has announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC) (“NextGen”), today announced that it will participate in an ICR De-SPAC webinar on Tuesday, July 13, 2021 at 11 a.m. Eastern Time hosted by Wedbush Securities Managing Director and Technology Analyst Dan Ives. Topics of discussion will include: Overvi

Xos to Participate in ICR De-SPAC Webinar Hosted by Wedbush Securities Technology Analyst Dan Ives

LOS ANGELES--(BUSINESS WIRE)--Xos, Inc. ("Xos" or the "Company"), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles that has announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC) (“NextGen”), today announced that Dakota Semler, Co-Founder and Chief Executive Officer of Xos, will participate in a virtual fireside chat hosted by FreightWaves, a supply chain intelligence platform that provides data on activity, pricing and risks

Xos to Participate in Fireside Chat at FreightWaves Autonomous & Electric Vehicles Summit

LOS ANGELES--(BUSINESS WIRE)--Xos, Inc., a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles ("Xos" or the "Company") that recently announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC) (“NextGen”), today announced a replay of the Analyst Day hosted on June 23, 2021 is available on the Company's investor relations page: https://xostrucks.com/investors. About Xos, Inc. Xos, Inc. is an electric mobility company dedicated to decarb

Xos Analyst Day Webcast Posted to Investor Relations Section of Website

LOS ANGELES--(BUSINESS WIRE)--Xos, Inc., a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles that recently announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC, “NextGen”), today highlighted how its strategic partnership with the Loomis Group (“Loomis”) to deliver fully electric armored vehicles for the transport of cash and other valuables has enhanced the delivery experience for Loomis drivers and improved Loomis' environmenta

Xos, Inc. Highlights Development of Electric Fleet with Loomis

UniFirst

LOS ANGELES--(BUSINESS WIRE)--Xos, Inc., a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles that recently announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC, “NextGen”), today announced that they have signed an agreement to deliver three Xos electric step vans to UniFirst Corporation (NYSE: UNF) as a test program with potential for additional vehicle purchases for use across the United States. This effort is part of UniFirst'

Xos, Inc. Enters into Strategic Agreement with UniFirst

LOS ANGELES--(BUSINESS WIRE)--Xos, Inc., a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles ("Xos" or the "Company") that recently announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC) (“NextGen”), highlighted how its flex manufacturing strategy, factory management systems and line design will reduce costs, development time and footprint across all stages of the manufacturing process. For more information on Xos' flex manufactu

Xos Highlights How its Flex Manufacturing Strategy is More Cost and Time Efficient

LOS ANGELES--(BUSINESS WIRE)--Xos, Inc., a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles ("Xos" or the "Company") that recently announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC) (“NextGen”), today announced that Powered by Xos™ (“Powered by Xos”), the company's recently announced powertrain division, has secured an order from repeat Xos customer Wiggins Lift Co., Inc. (“Wiggins”), bringing the total number of powertrain

Xos, Inc. Announces New Powertrain Order from Wiggins Lift Co., Inc.

LOS ANGELES--(BUSINESS WIRE)--Xos, Inc., a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles ("Xos" or the "Company") that recently announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC) (“NextGen”), today announced that it has established Powered by Xos™ (“Powered by Xos”), a new powertrain division that will operate under the leadership of industry veteran Brett Wilson. The new division will offer Xos' powertrain technology alo

Xos, Inc. Unveils Powered by Xos™ Powertrain Division

Filing of Registration Statement on Form S-4 Provides Historical Financial Data in Connection with Proposed Business Combination with Xos, Inc. and NextGen Filing of Registration Statement on Form S-4 Provides Historical Financial Data in Connection with Proposed Business Combination with Xos, Inc. and NextGen

Xos, Inc. Announces Filing of Registration Statement on Form S-4 from NextGen Acquisition Corporation

LOS ANGELES--(BUSINESS WIRE)--Xos to Participate in Upcoming Investor Conferences

Xos to Participate in Upcoming Investor Conferences

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The stock price of NextGen Acquisition (NASDAQ: NGAC) increased by 5.39%. This is why it happened.

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Electric truck chassis maker Xos Trucks is going public with blank check backing from a special purpose acquisition company (SPAC). Xos will merge with NextGen Acquisition Corp. at an implied market capitalization of $2 billion.

Electric chassis maker Xos Trucks agrees to $575M SPAC merger

Xos Inc., a Los Angeles-based manufacturer of electric commercial vehicles, is going public via the SPAC NextGen Acquisition Corp. (NASDAQ: NGAC). The deal values the combined company at a $2-billion pro forma equity value, at a price of $10 per NextGen share.

News for NextGen Acquisition Corp. Stock (NGAC)