Expion Energy reschedules annual meeting to December, sets new proposal deadlines

Expion Energy, Inc. (NASDAQ:XPON) announced it will reschedule its 2026 annual meeting of stockholders to December 2, 2026. The meeting was previously set for November 4, 2026. The company also stated that the record date for the meeting will be October 28, 2026. The announcement comes as the micro-cap company, with a market capitalization of just $3.77 million, trades at $3.94 per share following a challenging year that saw its stock decline 77%.

According to a press release statement included in a recent SEC filing, the change in meeting date follows an amendment and restatement of previously disclosed transaction agreements with certain purchasers. These agreements, originally entered into on August 21, 2026, involve the issuance of 8% Convertible Debentures due August 21, 2029, and common stock purchase warrants.

Expion Energy’s Board of Directors decided to move the annual meeting to allow for the updated agreements to be reflected in shareholder proposals. The company indicated that new proxy materials will be sent to stockholders, and any proxy cards or votes submitted for the original meeting date will not be valid for the rescheduled meeting.

The company also provided revised deadlines for stockholder proposals and director nominations. Proposals submitted under SEC Rule 14a-8 for inclusion in the proxy statement must be received by October 30, 2026. For nominations or proposals not made under Rule 14a-8, the deadline is November 2, 2026, in accordance with the company’s bylaws. For stockholders intending to solicit proxies in support of director nominees other than the company’s nominees, notice must also be provided by November 2, 2026, to comply with universal proxy rules.

All proposals and notices must be delivered to Expion Energy’s headquarters in Redmond, Oregon, addressed to the Chief Financial Officer.

Expion Energy stated that further details about the meeting, including the matters to be voted on, will be provided in the proxy statement to be filed with the SEC and distributed to stockholders.

This article is based on information provided in a press release statement filed with the SEC.

In other recent news, Expion360 Inc. has announced that its Chief Financial Officer, Shawna Bowin, plans to resign from her position due to personal reasons. Bowin will continue in her role until approximately October 31, 2026, to ensure a smooth transition of responsibilities as the company searches for her successor. In a significant development, Expion360 has regained compliance with Nasdaq Listing Rule 5550(a)(2), which mandates a minimum bid price of $1.00 per share. The company confirmed that its stock price had remained above this threshold for ten consecutive trading days as of August 3, 2026. Subsequently, on August 4, 2026, Expion360 received confirmation from the Nasdaq Office of General Counsel that it had met the compliance requirements. This ensures that Expion360’s common stock will continue to be listed and traded on The Nasdaq Capital Market. These updates mark important milestones for the company as it navigates leadership changes and regulatory requirements.