Thursday, August 19, 2021

Equity Corporate Actions Alert #2021 - 169
Information Regarding the Business Combination of NextGen Acquisition Corp. (NGAC/U/W) and Xos, Inc.

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  • Industry Announcement

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The business combination of NextGen Acquisition Corp. (NGAC/U/W) and Xos, Inc. will become automatically effective at 12:01 AM on Friday, August 20, 2021. As a result of the completion of the business combination, the company's Class A Ordinary Shares (NGAC) and Warrants (NGACW) will undergo name, symbol, and CUSIP number changes and the company's Units (NGACU) will be suspended from trading. These changes will become effective on Friday, August 20, 2021.

The details of the name, symbol, & CUSIP changes are follows:

Current Company Name & Issue Type: NextGen Acquisition Corp. Class A Ordinary Shares
New Company Name & Issue Type: Xos, Inc. Common Stock
Current CUSIP: G65305107
New CUSIP: 98423B108
Current Symbol: NGAC
New Symbol: XOS
Marketplace Effective Date: Friday, August 20, 2021

Current Company Name & Issue Type: NextGen Acquisition Corp. Warrant
New Company Name & Issue Type: Xos, Inc. Warrant expiring 8/20/2026
Current CUSIP: G65305123
New CUSIP: 98423B116
Current Symbol: NGACW
New Symbol: XOSWW
Marketplace Effective Date: Friday, August 20, 2021

If you would like to register as a market maker in XOS or XOSWW, contact Nasdaq Trading Services at +1 212 231 5100.



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