NEXTGEN

Virgin Orbit Registration Statement Related to Business Combination With NextGen Acquisition Corp. II Declared Effective by SEC

Retrieved on: 
Wednesday, December 8, 2021
Technology, Hardware, Security, Satellite, U.S. Securities and Exchange Commission, Form S-4, Risk, Suite, Forward-looking statement, Prospectus, SEC, United States Army Acquisition Corps, Tripura Merger Agreement, Vii, Security (finance), Orbit, The Carlyle Group, Failure, Carlos Vieco Ortiz, NGCA, CEO, Form, Nasdaq, Xi, Mergers and acquisitions, Business architecture, Form S-1, SEC filing, Proxy, Entrepreneurship, Nextgen, Glades Road, COVID-19, Adoption, Partner, Goldman, NASDAQ, Sale, Special, PIPE, Acquisition, Person, Reading, Communication, Communications satellite, NextGen, Virgin Orbit, NEXTGEN, VIRGIN ORBIT

NextGen Acquisition Corp. II (NASDAQ:NGCA) (NextGen) today announced that its Registration Statement on Form S-4 in connection with the previously announced business combination (the Business Combination) with Vieco USA, Inc., the parent company of Virgin Orbit ("Virgin Orbit" or the "Company"), the responsive launch and space solutions company, has been declared effective by the Securities and Exchange Commission (the SEC).

Key Points: 
  • NextGen Acquisition Corp. II (NASDAQ:NGCA) (NextGen) today announced that its Registration Statement on Form S-4 in connection with the previously announced business combination (the Business Combination) with Vieco USA, Inc., the parent company of Virgin Orbit ("Virgin Orbit" or the "Company"), the responsive launch and space solutions company, has been declared effective by the Securities and Exchange Commission (the SEC).
  • The boards of directors of Virgin Orbit and NextGen have unanimously approved the Business Combination.
  • NextGen Acquisition Corp. II is a blank check company whose business purpose is to effect a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
  • This press release relates to a proposed transaction between Vieco USA, Inc. (Vieco USA) and NextGen Acquisition Corp. II (NextGen).

New Agreement Between Virgin Orbit and ANA HOLDINGS Sets the Stage for Twenty LauncherOne Flights From Japan

Retrieved on: 
Thursday, November 4, 2021
Air, Technology, Satellite, Transport, Aerospace, Manufacturing, Peach Aviation, Prospectus, Nextgen, Growth, Private sector, COVID-19, All Nippon Airways, Vii, Acquisition, Communication, Risk, Carlos Vieco Ortiz, Boeing, Tripura Merger Agreement, HD, Person, 747, Partner, Technology, Failure, Forward-looking statement, Swiss International Air Lines, Lufthansa, Mergers and acquisitions, Ecosystem, Form S-1, SEC filing, NASDAQ, CEO, United Airlines, Suite, Multimedia, Xi, Sale, The Carlyle Group, MOU, History, SEC, Proxy, Star Alliance, Form S-4, Ōita Prefecture, Wright Amendment, Form, Adoption, PIPE, Air Transport World, Goldman, Reading, Gold, Nasdaq, NGCA, Glades Road, Brussels Airlines, ANA, Boeing 787 Dreamliner, Dow Jones, Weather, LCC, Airline, Communications satellite, Security (finance), Virgin Orbit, NextGen, ANA HOLDINGS INC., VIRGIN ORBIT, NEXTGEN, ANA HOLDINGS INC.

View the full release here: https://www.businesswire.com/news/home/20211104006281/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211104006281/en/
    Photo courtesy of Virgin Orbit and ANA HOLDINGS INC.
    Japans impressive aerospace industry has long been at the forefront of satellite technology innovation.
  • Virgin Orbits flight-proven air-launch service provides a unique capability for ANAs customer base in the booming commercial ecosystem for space in Asia.
  • Koji Shibata, ANA Group Representative Director and Executive Vice President, noted, ANA is excited to work with Virgin Orbit to offer responsive launch and space solutions services to customers in Japan.
  • ANA HOLDINGS INC. (ANA HD) was established in 2013 as the largest airline group holding company in Japan, comprising 71 companies including ANA and Peach Aviation, the leading LCC in Japan.

Xos, Inc. Listed on Nasdaq Under the Ticker “XOS”

Retrieved on: 
Friday, August 20, 2021
Software, Hardware, Alternative Energy, Alternative Vehicles, Fuels, General Automotive, Energy, Technology, Automotive, Trucking, Transport, Automotive Manufacturing, Logistics, Supply Chain Management, Manufacturing, Slate, UniFirst, Nextgen, The Carlyle Group, FedEx Ground, Nasdaq, Growth, Ownership, Acquisition, PerkinElmer, SEC, Cooley LLP, BofA Securities, Goldman Sachs, NGAC, Partner, Lonestar, Travel, TCO, Vii, EV, Forward-looking statement, Goldman, Entrepreneurship, Multimedia, NASDAQ, PIPE, Risk, Goal, CEO, Rothschild & Co, Skadden, Climate change, Technology, Renewable energy, Risk management, Xos, Inc., NextGen, XOS, INC., NEXTGEN

Xos, Inc. (Xos), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, today announced that it has completed its previously announced business combination with NextGen Acquisition Corporation (NASDAQ: NGAC, NextGen) to take Xos public.

Key Points: 
  • Xos, Inc. (Xos), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, today announced that it has completed its previously announced business combination with NextGen Acquisition Corporation (NASDAQ: NGAC, NextGen) to take Xos public.
  • The combined company has been renamed Xos, Inc. and its shares will commence trading on the Nasdaq Capital Market on August 20, 2021 under the ticker symbol XOS.
  • BofA Securities served as exclusive financial advisor to Xos, and Cooley LLP served as legal advisor to Xos.
  • NextGen is listed on NASDAQ under the ticker symbol "NGAC."

NextGen Acquisition Corporation Shareholders Approve Business Combination with Xos

Retrieved on: 
Wednesday, August 18, 2021
Technology, General Automotive, Automotive Manufacturing, Manufacturing, Alternative Vehicles, Fuels, Automotive, Trucking, Alternative Energy, Energy, Transport, Environment, Software, Hardware, Logistics, Supply Chain Management, Business architecture, Nextgen, The Carlyle Group, U.S. Securities and Exchange Commission, Adoption, Ownership, Acquisition, Tripura Merger Agreement, PerkinElmer, SEC, NGAC, Partner, Travel, TCO, Vii, EV, Forward-looking statement, Goldman, Multimedia, NASDAQ, PIPE, Risk, Failure, CEO, Nasdaq, United States Army Acquisition Corps, Mergers and acquisitions, German submarine U-3031, Xi, Security (finance), NextGen, Xos, Inc., NEXTGEN, XOS, INC.

NextGen Acquisition Corp. (NextGen)(NASDAQ: NGAC) today announced that its stockholders approved all proposals related to the previously announced business combination with Xos, Inc. (Xos, or the Company), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles at a special meeting of stockholders held today.

Key Points: 
  • NextGen Acquisition Corp. (NextGen)(NASDAQ: NGAC) today announced that its stockholders approved all proposals related to the previously announced business combination with Xos, Inc. (Xos, or the Company), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles at a special meeting of stockholders held today.
  • Following closing, the combined company will be known as Xos, Inc. and is expected to trade on the Nasdaq Stock Market under the new ticker symbol XOS.
  • NextGen Acquisition Corporation is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
  • Neither Xos nor NextGen gives any assurance that either Xos or NextGen, or the combined company, will achieve its expectations.

NextGen Reminds Shareholders to Vote in Favor of Business Combination with Xos

Retrieved on: 
Thursday, August 12, 2021
Technology, Trucking, Automotive, General Automotive, Transport, Software, Alternative Energy, Energy, Hardware, Logistics, Supply Chain Management, Slate, Vii, Travel, SEC, Form S-4, NGAC, Prospectus, 1 Manhattan West, TCO, SEC filing, Failure, CEO, Skadden, NASDAQ, Adoption, Suite, Ownership, Tripura Merger Agreement, Acquisition, Telephone, Sale, PIPE, Glades Road, Form, Mergers and acquisitions, Goldman, Risk, The Carlyle Group, Nextgen, Proxy, EV, Forward-looking statement, Partner, Xi, Security (finance), Animal, NextGen, Xos, Inc., NEXTGEN, XOS, INC.

NextGen Acquisition Corporation (NASDAQ:NGAC) (NextGen) a publicly-traded special purpose acquisition company, reminds its shareholders to vote in favor of the approval of NextGens proposed business combination with Xos, Inc. (Xos or the Company), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, and the related proposals to be voted upon at NextGens extraordinary general meeting on August 18, 2021.

Key Points: 
  • NextGen Acquisition Corporation (NASDAQ:NGAC) (NextGen) a publicly-traded special purpose acquisition company, reminds its shareholders to vote in favor of the approval of NextGens proposed business combination with Xos, Inc. (Xos or the Company), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, and the related proposals to be voted upon at NextGens extraordinary general meeting on August 18, 2021.
  • We recommend that you vote your shares online, though you may also vote by mail or telephone.
  • NextGen Acquisition Corporation is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
  • Neither Xos nor NextGen gives any assurance that either Xos or NextGen, or the combined company, will achieve its expectations.

Xos, Inc. Unveils Xos Hub™, a Mobile Charging Station for Commercial Fleets

Retrieved on: 
Thursday, August 12, 2021
Technology, Alternative Vehicles, Fuels, Automotive, General Automotive, Other Energy, Other Technology, Other Automotive, Alternative Energy, Energy, Vii, Travel, SEC, Form S-4, NGAC, Prospectus, TCO, SEC filing, Failure, CEO, NASDAQ, EnergySolutions, Adoption, Multimedia, Suite, Ownership, Tripura Merger Agreement, Acquisition, Sale, PIPE, Glades Road, Form, Mergers and acquisitions, Goldman, Entrepreneurship, Risk, The Carlyle Group, Nextgen, Proxy, EV, Time, Forward-looking statement, Partner, Xi, Transport, Security (finance), Xos, Inc., NextGen, XOS, INC., NEXTGEN

Xos Hub is part of the larger service offering of Xos Energy Solutions, a new business unit within Xos.

Key Points: 
  • Xos Hub is part of the larger service offering of Xos Energy Solutions, a new business unit within Xos.
  • Xos Energy Solutions provides comprehensive infrastructure services to small and large fleets to accelerate large-scale deployments of commercial electric vehicles.
  • The services include Xos Hub, the mobile charging station, and Xos Serve, an on-demand infrastructure-as-a-service platform that includes site evaluations, energy storage development and installation and energy management services.
  • Xos Serve enables fleets to deploy sizable electric vehicle fleets without the need to manage the complexity involved with such large-scale infrastructure deployments.

FedEx Ground Operators Order 120 Xos Trucks For 2021 and 2022 Delivery

Retrieved on: 
Monday, August 9, 2021
Trucking, Transport, Transportation, Alternative Energy, Energy, Travel, Other Transport, Slate, Tripura Merger Agreement, Adoption, COO, Nextgen, Sale, FedEx Ground, Xi, CEO, 1 Manhattan West, Failure, Suite, FedEx, Mergers and acquisitions, Acquisition, Board of directors, Maintenance, Vii, Multimedia, Ownership, Risk, Form, NASDAQ, EV, SEC, Prospectus, The Carlyle Group, Forward-looking statement, NGAC, Glades Road, Proxy, Carbon, Partner, PIPE, Goldman, TCO, Form S-4, Goal, SEC filing, Skadden, Board, Travel, Airline, Animal, Security (finance), Xos, Inc., NextGen, XOS, INC., NEXTGEN

Discussions regarding additional vehicle deliveries in 2022 and 2023 to these customers, as well as additional FedEx Ground operators in these and other states, are ongoing.

Key Points: 
  • Discussions regarding additional vehicle deliveries in 2022 and 2023 to these customers, as well as additional FedEx Ground operators in these and other states, are ongoing.
  • We are thrilled with our current FedEx Ground relationships and look forward to expanding them further among the 4,000 FedEx Ground operators who support the FedEx network.
  • We are delighted to provide our FedEx Ground customers with our best-in-class electric trucks.
  • Neither Xos nor NextGen gives any assurance that either Xos or NextGen, or the combined company, will achieve its expectations.

Xos Truck Completes Additional Durability Test Simulating 200,000 Real-World Miles Driven

Retrieved on: 
Thursday, August 5, 2021
Automotive Manufacturing, Fleet Management, Manufacturing, Other Automotive, Automotive, EV, Proxy, Prospectus, Chief executive officer, TCO, Tripura Merger Agreement, The Carlyle Group, Glades Road, Partner, Adoption, Xi, Goldman, Suite, SEC filing, Engineering, Form, New South Wales Greenhouse Gas Abatement Scheme, Vii, Sale, Pipe, Multimedia, SEC, Nextgen, Mergers and acquisitions, Risk, Failure, Entrepreneurship, Form S-4, Ownership, Acquisition, Nasdaq, Travel, Forward-looking statement, Security (finance), Xos, Inc., NextGen, XOS, INC., NEXTGEN

Passing our durability testing is a critical operational validation for Xos trucks and a key achievement for the entire Xos team, said Dakota Semler, Co-Founder and CEO of Xos.

Key Points: 
  • Passing our durability testing is a critical operational validation for Xos trucks and a key achievement for the entire Xos team, said Dakota Semler, Co-Founder and CEO of Xos.
  • Xos durability tests were conducted over 4,000 driven miles by professional drivers and are comprised of different types of varied terrain designed to test and challenge the vehicles structural integrity, including chatter and impact bumps, resonance, and undulating, gravel and cross-country roads.
  • These tests provide valuable data that is used by Xos engineers to improve on existing truck designs.
  • Neither Xos nor NextGen gives any assurance that either Xos or NextGen, or the combined company, will achieve its expectations.

NextGen Reminds Shareholders to Vote in Favor of Business Combination With Xos

Retrieved on: 
Wednesday, August 4, 2021
Automotive, Technology, Logistics, Supply Chain Management, General Automotive, Environment, Other Energy, Other Transport, Trucking, Semiconductor, Oil, Gas, Other Automotive, Alternative Energy, Energy, Transport, Nanotechnology, Other Technology, Software, Fleet Management, Alternative Vehicles, Fuels, Electronic Design Automation, Corporate finance, Economy, Private equity, Special-purpose acquisition company, XOS, Mergers and acquisitions, Nextgen, NextGen, Xos, Inc., NEXTGEN, XOS, INC.

We recommend that you vote your shares online, though you may also vote by mail or telephone.

Key Points: 
  • We recommend that you vote your shares online, though you may also vote by mail or telephone.
  • NextGen Acquisition Corporation is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
  • NextGen and Xos and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from NextGens shareholders in connection with the proposed transaction.
  • Neither Xos nor NextGen gives any assurance that either Xos or NextGen, or the combined company, will achieve its expectations.

Xos, Inc. Adds to Leadership Team with Senior Engineering Hires

Retrieved on: 
Thursday, July 29, 2021
Alternative Vehicles, Fuels, Automotive Manufacturing, Fleet management, Manufacturing, Automotive, XOS, Xos, Inc., NextGen, XOS, INC., NEXTGEN

Mr. Yee has been appointed Director of Advanced Vehicle Engineering for Xos and Mr. Freiheit has been appointed Xos Chief Engineer.

Key Points: 
  • Mr. Yee has been appointed Director of Advanced Vehicle Engineering for Xos and Mr. Freiheit has been appointed Xos Chief Engineer.
  • Both Mr. Yee and Mr. Freiheit are highly qualified industry veterans, who together bring over 40 years of trucking engineering expertise.
  • I am delighted that Justin and Mathew are bringing their wealth of experience and trade knowledge to our engineering team, commented Rob Ferber, CTO of Xos.
  • We owe these achievements to our talented engineering team, and we are pleased to welcome Justin and Mathew to propel the team even further.