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Expion360 Priced, Nasdaq: XPON

Makes lithium iron phosphate batteries for RVs and boats.

Industry: Industrials

Latest Trade: $2.19 -0.01 (-0.5%)

First Day Return: +13.3%

Return from IPO: -68.6%

Industry: Industrials

We focus on the design, assembly, manufacturing and sales of lithium iron phosphate (LiFePO4) batteries and supporting accessories for recreational vehicles (“RV’s”) and marine applications with plans to expand into home energy storage products and industrial applications. We design, manufacture, and distribute high-powered, lithium battery solutions using ground-breaking concepts from a creative sales and marketing approach. Our product-offerings include some of the most dense and minimal-footprint batteries in the RV & Marine industry. We are developing the e360 Home Energy Storage: a system that we expect to significantly change the industry in barrier price, flexibility, and integration. We are deploying multiple IP strategies with cutting-edge research, manufacturing processes, and unique products to sustain and scale the business. We currently have over 175 customers consisting of dealers, wholesalers, and original equipment manufacturers who are driving revenue and brand awareness nationally.
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IPO Data
IPO File Date 01/21/2022
Offer Price $7.00
Price Range $7.00 - $9.00
Offer Shares (mm) 2.1
Deal Size ($mm) $15
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/31/2022
Offer Price $7.00
Price Range $7.00 - $9.00
Offer Shares (mm) 2.1
Deal Size ($mm) $15
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Alexander Capital
Paulson Investment
Company Data
Headquarters Redmond, OR, United States
Founded 2016
Employees 21
Website www.expion360.com

Expion360 (XPON) Performance