Expion360 SEC Filings

Expion360 Inc. entered into an at-the-market stock offering program with Aegis Capital Corp., allowing it to offer and sell, from time to time, up to an aggregate offering price of $15.0 million of its common stock. Shares may be sold through Aegis as sales agent in transactions deemed “at the market” on Nasdaq or other markets, or in privately negotiated deals, under an existing shelf registration on Form S-3.

The company is not obligated to sell any shares. Aegis will receive a 2.0% commission on the aggregate gross proceeds of each sale and reimbursement of certain expenses. Expion360 intends to use any net proceeds for working capital and other general corporate purposes. The agreement can be terminated by either party or when all authorized shares have been sold.

Expion360 Inc. (XPON) insider compensation update: Chief Operating Officer Carson E. Heagen reported receiving 100,000 restricted stock units (RSUs) of Expion360 common stock on October 16, 2025. The RSUs were granted under the company’s 2021 Incentive Award Plan at a price of $0.00 per unit and vested in full on the grant date, meaning they converted into an equivalent number of common shares.

After this equity grant, Heagen beneficially owns 148,925 shares of Expion360 common stock. This total includes 115,000 shares of common stock and 33,925 shares that may be acquired upon exercise of stock options that are exercisable within 60 days of November 20, 2025. The filing reflects a routine Form 4 report by a single officer-level insider.

Expion360 Inc. (XPON) filed a Form 4 reporting an equity grant to director Brian Paul Schaffner. On October 16, 2025, he received 100,000 restricted stock units (RSUs) of common stock at a price of $0.00 per share under the company’s 2021 Incentive Award Plan. Each RSU represents the right to receive one share of common stock and vested in full on that same date.

After this grant, Schaffner beneficially owns 160,493 shares, consisting of 115,057 shares of common stock and 45,436 shares underlying stock options that are exercisable within 60 days of November 20, 2025. The filing reflects routine equity-based director compensation rather than an open-market purchase.

Expion360 Inc. (XPON) filed an initial ownership report on Form 3 for its Chief Executive Officer and director, Joseph D. Hammer, with an event date of 10/17/2025. The filing states that no securities of Expion360 Inc. are beneficially owned by the reporting person. The form is filed by a single reporting person, and it includes a power of attorney authorizing Shawna Bowin to sign on Joseph D. Hammer’s behalf.

Expion360 Inc. reported Q3 2025 results showing stronger sales and a one‑time swing to profitability. Net sales were $2,393,192, up from $1,389,495 a year ago, with gross profit of $542,483. Operating loss was $3,002,183, but other income of $3,725,013 led to net income of $722,792 ($0.10 diluted EPS). The other income reflects the removal of a suspended cash true‑up liability tied to prior warrant terms.

For the nine months, net sales reached $7,432,470 and net loss was $1,798,066. Cash and cash equivalents were $4,293,797, total assets $10,689,001, and stockholders’ equity $9,012,065 as of September 30, 2025. Current liabilities were $1,041,972 and long‑term debt totaled $205,575.

Management disclosed that recurring losses and cash needs raise substantial doubt about the company’s ability to continue as a going concern. Three customers accounted for approximately 52% of Q3 sales and 61% of accounts receivable as of quarter end. As of November 13, 2025, 9,656,739 common shares were outstanding.

Expion360 Inc. (XPON) reported a routine disclosure. The company furnished an 8-K to announce it issued a press release with financial results for the fiscal quarter ended September 30, 2025.

The press release is included as Exhibit 99.1 and the information under Item 2.02 is furnished and not deemed filed under the Exchange Act.

Expion360 (XPON) filed a Form 4/A reflecting a corrected RSU grant date for its CFO. The filing amends a prior report to state the transaction occurred on October 16, 2025. It records an award of 100,000 restricted stock units at a price of $0.00 per unit under the 2021 Incentive Award Plan; each RSU represents one share of common stock and vested in full on the grant date.

Following the transaction, the reporting person beneficially owned 104,370 shares, held directly.

Expion360 Inc. (XPON) reported a director equity award on a Form 4. On October 16, 2025, the director received 40,000 restricted stock units (RSUs), recorded at a transaction price of $0.00 per unit.

The grant size equals approximately $60,000 of common stock based on the grant-date closing price. The RSUs vest in full on October 16, 2026, conditioned on continued service on the board through that date. Following this grant, the reporting person beneficially owned 40,000 shares directly.

Expion360 (XPON)10/16/2025. The form was signed by an attorney-in-fact and includes a Power of Attorney (Exhibit 24.1). This is an initial ownership report and indicates no reported holdings at the time of filing.