Expion Energy, Inc.
Energy, Manufacturing, Renewable Energy
Expion360 manufactures lithium batteries and accessories for RV, marine, golf, industrial, residential and Off-The-Grid needs. The company uses Lithium Iron Phosphate (LiFePO4) as its battery chemistry. LiFePO4 chemistry is considered a top choice for high energy density, dependability, longevity, and safety.
Key facts
- Employees
- 24
- Industries
- Energy, Manufacturing, Renewable Energy
- Status
- Public (XPON)
- Website
- expion360.com
- Company page
Recent activity at Expion Energy, Inc.
- : SEC 8-K (1.01): On October 22, 2026, Expion Energy, Inc. amended and restated a material definitive agreement concerning a previous securities purchase agreement. This included the restructuring of the original Convertible Debentures worth $9,000,000, allowing them to be convertible into shares of Common Stock at a new initial conversion price of $4.25. The agreement also involved amending the Warrants initially provided to the Purchasers, who can now elect to purchase additional Preferred Stock, changing the previously planned AIR Preferred Stock. The agreement indicates a shift in ownership structure and potential future financing, which may significantly affect shareholder equity and company operations.
- : Expion360
- : SEC 8-K (5.02): On August 25, 2026, Expion Energy, Inc. appointed Robert Winspear as the Chief Financial Officer, Secretary, and Treasurer of the Company, effective immediately. Mr. Winspear brings over 30 years of executive experience including his recent role as CFO at Blackboxstocks Inc., and will serve as the principal financial and accounting officer of the Company. An employment agreement was established, granting him an initial annual salary of $285,000, which is set to increase to $300,000 upon timely submission of the 2026 Annual Report. Additionally, he is entitled to performance-based cash bonuses and has received a grant of 30,000 restricted stock units and an option to purchase 15,000 shares of Common Stock contingent upon certain conditions. This strategic appointment aims to strengthen the financial leadership of the Company as it navigates future growth activities.
- : SEC 8-K (5.02): The filing discusses a change in corporate financing through a private placement expected to yield net proceeds of approximately $8,200,000. These funds are earmarked for the acquisition of oil and gas assets in Eastern Louisiana and general corporate purposes. Notably, the filing mentions that additional investments could rise to $91,000,000 contingent on shareholder approval, and outlines the structure for convertible debentures, which have an initial principal amount of $9,000,000, maturing on August 21, 2029. The event of the initial closing occurred within the last 3 days, specifically on August 21, 2026, thus making it timely and relevant for reporting purposes.
- : SEC 8-K (5.02): On July 29, 2026, Shawna Bowin resigned as Chief Financial Officer of Expion360 Inc. for personal reasons, and will assist in transitioning her responsibilities until approximately October 31, 2026. The company is actively searching for a replacement. Additionally, the filing confirms that as of August 3, 2026, the company's Common Stock has regained compliance with Nasdaq Listing Rule 5550(a)(2), having closed above $1.00 per share for ten consecutive trading days. This compliance means that Expion360's stock remains listed on The Nasdaq Capital Market, impacting its market standing and operational stability significantly.
- : SEC 8-K (5.02):
- : SEC 8-K (3.01): On January 29, 2026, Expion360 Inc. received a staff determination from Nasdaq stating that its common stock had closed below the $1.00 minimum bid price requirement for the past 30 consecutive business days. This determination will lead to a potential delisting from The Nasdaq Capital Market, although the company has been given a compliance period of 180 calendar days to address this issue. The strategic implications for Expion360 include needing to enhance its stock price or face delisting, which could affect investor confidence and market perception. This non-compliance could hinder the company's capital-raising efforts or operational flexibility moving forward.
- : SEC 8-K (7.01): On January 13, 2026, Expion360 Inc. issued a Regulation FD Disclosure letter to its stockholders from CEO Joseph Hammer. The letter discusses recent leadership changes, operational results for the year ended December 31, 2025, and the operational outlook for the year ending December 31, 2026. This communication aims to inform stockholders about the Company’s current performance and future expectations, helping to clarify strategic directions following leadership adjustments. The letter serves as a critical update for investors regarding key performance indicators and the company's plans moving forward.
- : SEC 8-K (1.01): On December 12, 2025, Expion360 Inc. entered into a Material Definitive Agreement, specifically an At-The-Market Issuance Sales Agreement with Aegis Capital Corp. as the sales agent. This agreement allows Expion360 to offer and sell up to $15.0 million of its common stock through the sales agent in an 'at-the-market' offering. The Company is not obligated to sell any stock under this agreement and intends to use any net proceeds for working capital and other corporate purposes. The sales will occur consistent with regulatory requirements, and the sales agent will receive a 2.0% commission on gross proceeds.
- : SEC 8-K (5.02): On October 16, 2025, Brian Schaffner resigned as Chief Executive Officer and as a member of the Board of the Company, effective immediately, following the closing of a Private Placement under the Purchase Agreement. He will continue as a board member and provide consulting services to assist in the transition of his responsibilities. Schaffner will receive a severance payment equal to 24 months of his salary and 100,000 RSUs vested on his resignation date. Additionally, Paul Shoun resigned as President and Chairman of the Board, with a similar severance agreement in place. Both resignations are unrelated to any disagreements on Company operations. The strategic implications include potential leadership changes aligned with new financing initiatives.
Expion Energy, Inc. funding history
| Date | Round | Amount |
|---|---|---|
| Sep 2026 | Venture | $9.0M |
| Jan 2025 | Seed | $2.5M |
| Nov 2021 | Venture | $250K |
Leadership
- Paul Shoun, Director
- Robert Winspear, Chief Financial Officer
- Shawna Bowin, Chief Financial Officer
- Carson Heagen, Chief Operating Officer
- Launtz Miller, Director of Sales
Verified email and direct lines for Expion Energy, Inc.’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Expion Energy, Inc. in the news
- Expion Energy Acquires Louisiana Oil and Gas Assets in Strategic Expansion - Yahoo Finance (Aug 24, 2026)
- Expion (XPON) is Using 8% Convertible Debt to Enter Oil and Gas. Is the Strategic Pivot Worth the Dilution? - Yahoo Finance (Aug 27, 2026)
- XPON Stock Whipsaws As Expion Energy Bets On Louisiana Gas - Timothy Sykes (Aug 26, 2026)
- Votes for the November 4 meeting are void as Expion Energy (XPON) reschedules its annual meeting. - Stock Titan (Oct 23, 2026)
- XPON Stock Whipsaws As Expion Energy Bets On Oil And Gas Pivot - StocksToTrade (Aug 26, 2026)
- Expion shares surge on $9M private placement to fund Louisiana oil and gas push - Yahoo Finance (Aug 24, 2026)
- Expion Energy (NASDAQ:XPON): Why Does Its Fresh Company Update Matter Today? - Kalkine Media (Aug 25, 2026)
- Expion Energy, Inc. (XPON) company profile and facts - Yahoo Finance - Yahoo Finance Singapore (Oct 10, 2022)
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About Expion Energy, Inc.: questions and answers
What does Expion Energy, Inc. do?
Expion360 manufactures lithium batteries and accessories for RV, marine, golf, industrial, residential and Off-The-Grid needs. The company uses Lithium Iron Phosphate (LiFePO4) as its battery chemistry. LiFePO4 chemistry is considered a top choice for high energy density, dependability, longevity, and safety.
How many employees does Expion Energy, Inc. have?
Expion Energy, Inc. has about 24 employees.
Has Expion Energy, Inc. raised funding?
Yes. Fundz has recorded 3 funding events for Expion Energy, Inc.. The most recent, $9.0M, was in Sep 2026.
What is the latest news on Expion Energy, Inc.?
On Oct 23, 2026, SEC 8-K (1.01): On October 22, 2026, Expion Energy, Inc. amended and restated a material definitive agreement concerning a previous securities purchase agreement. This included the restructuring of the original Convertible Debentures worth $9,000,000, allowing them to be convertible into shares of C
Is Expion Energy, Inc. a public company?
Yes. Expion Energy, Inc. is publicly traded under the ticker XPON.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy