Expion Energy, Inc. has filed a definitive proxy statement as it prepares for its annual stockholder meeting scheduled for December 2, 2026. This filing is significant as it outlines several proposals that will require shareholder approval, reflecting the company’s ongoing strategic initiatives.

Expion Energy, Inc., classified under the SIC code 3690, operates in the miscellaneous electrical machinery, equipment, and supplies sector. The company, which trades on the Nasdaq under the ticker XPON, recently underwent a name change from Expion360 Inc. to better align with its expanded energy platform and operating strategy. The filing, accession number 0001903596-26-000416, was made on November 3, 2026.

The proxy statement highlights the agenda for the upcoming annual meeting, which includes the election of five directors for a one-year term, the ratification of an independent accounting firm, and several amendments to the company’s capital structure. Notably, one proposal seeks approval for the issuance of more than 19.99% of the company’s outstanding shares, which is a significant move under Nasdaq Listing Rule 5635.

In addition, Expion Energy plans to increase the number of authorized shares of its capital stock from 36,666,666 to 220,000,000. This includes a proposed increase of common stock shares from 16,666,666 to 200,000,000. Such changes could provide the company with greater flexibility in financing and growth opportunities.

The filing also mentions an amendment to the company’s 2021 Incentive Award Plan, aimed at increasing the number of shares authorized for issuance under the plan by 250,000. This move could be seen as a strategy to attract and retain talent within the organization.

Only holders of record of the common stock as of October 28, 2026, are entitled to vote at the meeting, where each share will carry one vote. On that date, there were 1,012,498 shares of common stock outstanding.

The upcoming annual meeting will take place at the City Express by Marriott Redmond Bend Airport in Redmond, Oregon, at 9:00 a.m. Pacific Time. The company intends to mail the proxy materials to stockholders on or about November 5, 2026, ensuring that all shareholders have the necessary information to participate in the voting process.

As Expion Energy navigates these changes, the outcomes of the proposals could significantly impact its operational direction and financial strategy, especially within the competitive landscape of the electrical machinery sector.

Details regarding the proposals and the company’s strategic intentions will be further elaborated in the accompanying proxy materials, which will be available to stockholders.