Sep. 2 at 2:51 PM
$XOS Company 8-K on August 14th disclosed a share sales agreement with Roth Capital Partners with an aggregate offering amount of up to
$20 million. With per share price going down but market cap seeming to stay roughly the same I wonder if the downward pressure in stock price could be the company's sale of shares under this agreement. In other words the downward pressure could be the company's own doing and not public sentiment of the company which was very positive after the last earnings call.
