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Expion360 Inc. Announces Closing of $2.6 Million Registered Direct Offering and Private Placement Priced at the Market Under Nasdaq Rules
Newsfilter· 2025-01-03 15:41
REDMOND, Ore., Jan. 03, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (NASDAQ:XPON) (the "Company"), an industry leader in lithium-ion battery power storage solutions, today announced the closing of its previously announced registered direct offering and concurrent private placement with institutional investors. The Company issued shares of Common Stock and pre-funded warrants ("Pre-Funded Warrants") in a registered direct offering. In a concurrent private placement, the Company also issued to the same investors ...
Expion360 Inc. Announces $2.6 Million Registered Direct and Private Placements Priced at the Market Under Nasdaq Rules
GlobeNewswire· 2025-01-02 17:56
REDMOND, Ore., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (the “Company”), an industry leader in lithium-ion battery power storage solutions, today announced that it has entered into definitive agreements with institutional investors for the purchase and sale of shares of its common stock, par value $0.001 per share (“Common Stock”) and pre-funded warrants to purchase Common Stock (each, a “Pre-Funded Warrant”) in a registered direct offering. In a concurrent private placement, the Comp ...
Expion360 Reports Select Preliminary, Unaudited Fourth Quarter 2024 Financial Results
GlobeNewswire· 2025-01-02 13:35
Q4 2024 Revenue in the Range of $1.8 to $2.0 Million REDMOND, Ore., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, today announced select preliminary, unaudited financial results for the fourth quarter ended December 31, 2024. Key Financial Highlights for the Fourth Quarter of 2024 Preliminary, unaudited revenue for Q4 2024 in the range of approximately $1.8 to $2.0 million, up sequentially fr ...
Expion360 to Begin Shipping e360 Home Energy Storage Solutions to Integration Partner Wellspring Solar
GlobeNewswire· 2025-01-02 13:30
REDMOND, Ore., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, announced today that it has begun distribution of its e360 Home Energy Storage Solutions (“HESS”). The Company is beginning to fulfill purchase orders for its HESS to Wellspring Solar (“Wellspring”), a division of Wellspring Components, which has served as a key partner to Expion360 in connection with the HESS pilot program and test ...
Expion360 Announces Departure of Chief Financial Officer
GlobeNewswire· 2024-12-20 21:05
Chief Executive Officer Brian Schaffner Appointed Interim CFO, Principal Financial and Accounting OfficerREDMOND, Ore., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, announced today the resignation of Greg Aydelott, Chief Financial Officer of the Company, effective December 31, 2024, due to family health concerns. Mr. Aydelott intends to remain available to the Company on an ongoing basis as ...
Expion360 Expands OEM Relationships and Distribution Network
GlobeNewswire News Room· 2024-11-19 13:31
New Relationships Projected to Add Significant Incremental Revenue for Q4 2024 and an Estimated $5.0 Million in Incremental Revenue for Fiscal Year 2025 REDMOND, Ore., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, today announced significant growth within its OEM and distribution network. In addition to strengthening our relationships with existing OEM partners, we have recently added several ...
Expion360 (XPON) - 2024 Q3 - Quarterly Report
2024-11-14 21:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______. Commission File Number: 001-41347 EXPION360 INC. (Exact name of registrant as specified in its charter) Nevada (State or other jurisdict ...
Expion360 (XPON) - 2024 Q3 - Quarterly Results
2024-11-14 21:05
Exhibit 99.1 Expion360 Reports Third Quarter 2024 Financial Results Q3 Sequential Revenue Growth of 8.7% Driven by New Products and Technologies Seven New OEM and Distributor Relationships to Equip New Campers and RVs with Advanced Lithium-Ion Batteries Closed $10 Million Underwritten Public Of ering to Advance Commercialization of Home Energy Storage Solutions and Pursue Key Growth Initiatives REDMOND, OR -- November 14, 2024 -- Expion360 Inc. (Nasdaq: XPON) ("Expion360" or the "Company"), an industry lead ...
Expion360 to Present at the LD Micro Main Event XVII Conference on Tuesday October 29, 2024
GlobeNewswire News Room· 2024-10-15 12:31
REDMOND, Ore., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) ("Expion360" or the "Company"), an industry leader in lithium-ion battery power storage solutions, will attend the LD Micro Main Event XVII Conference being held at the Luxe Sunset Blvd Hotel in Los Angeles, CA October 29 - 30, 2024. Expion360 Chief Executive Officer Brian Schaffner will conduct in-person one-on-one meetings during the conference to discuss its new products and technologies initiatives, including its Home Energy ...
Expion360 (XPON) - 2024 Q2 - Earnings Call Transcript
2024-08-15 00:28
Expion360 Inc. (NASDAQ:XPON) Q2 2024 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants Brian Schaffner - Chief Executive Officer Greg Aydelott - Chief Financial Officer Larry Holub - MZ Group, IR Conference Call Participants Brian Lantier - Zach's Small-Cap Research Operator Greetings, and welcome to the Expion360 Second Quarter 2024 Financial Results Conference Call. At this time, all participants are in listen-only mode. A question-and-answer session will follow the formal presentat ...