Nxu Announces Shareholder Approval of Merger with Verde BioresinsCombination intended to create significant shareholder value in pursuit of a sustainable future
Nxu, Inc. Files Registration Statement on Form S-4 for Proposed Business Combination with Verde Bioresins, Inc.MESA, Ariz., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc., (
NASDAQNXU) (“Nxu”, “the Company”), a domestic technology company focused on energy storage and charging solutions for the infrastructure we need to power our electrified future, has filed a registration statement on Form S-4 with the Securities and Exchange Commission (“SEC”) relating to the previously announced proposed merger ( the “Merger”) with Verde Bioresins, Inc. (“Verde”), a leader in sustainable product innovation and full-service bioplastics production.
Nxu and Verde Bioresins Announce Proposed MergerCombination intended to create significant shareholder value in pursuit of a sustainable futureAn Economically Feasible and Scalable Alternative Bioresin to Traditional Petroleum-based Plastics
Nxu Issued Vehicle Technology Patent, Showcasing Strength of IP PortfolioPortfolio includes five issued patents and thirty-seven pending patent applications
NxuOne™ Expands Subscription Charging ModelNxuOne™ Rolls Out Affordable Subscription Plan for EV Drivers
Nxu, Inc. Announces Fourth Quarter and Full Year 2023 Financial ResultsMESA, Ariz., April 01, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (
NASDAQNXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions, today announced financial results for the year ended Dec. 31, 2023. Nxu’s full year 2023 financial results and management commentary can be found by accessing the Company’s shareholder letter on the Investor Relations page of the Company’s website.
Nxu Engages in Strategic Partnership with Electric OutdoorsNxu and Electric Outdoors create a mutual beneficial collaboration to power the future of EV weekend warriors
Nxu Receives Bid Price and Equity Compliance Confirmation From NasdaqNxu cures deficiencies in Nasdaq’s Bid Price and Equity continued listing rules in advance of April 2024 deadline
Nxu to Provide EV Charging for Lynx Motors CustomersLynx Motors signs MOU to purchase three years of Nxu EV charging
Nxu Provides Business Update Following 2023 Fiscal Year EndNxu generates revenue for second consecutive quarter, debuts production charging unit, regains Nasdaq compliance and pursues critical highway charging locations within NEVI corridors
Nxu Submits for NEVI Grant Funding to Enhance its Major Highway Electrification GoalsCalifornia Energy Commission’s NEVI Formula Program making up to $40,500,000 in grant funds available
Nxu Announces Fourth NxuOne™ NEVI Corridor LocationKramer Junction, Calif. site location under contract within California’s NEVI Corridor 7
Nxu Finishes 2023 by Kicking Off Production of NxuOne™ EV Charging SolutionsFirst commercial NxuOne™ unit completed in Q4 2023, building momentum into 2024
Nxu Announces Third NxuOne™ EV Charging Solutions Location Within NEVI CorridorBarstow, Calif. site location under contract within California’s NEVI Corridor 7
Nxu Announces CFO TransitionSarah Wyant Appointed Interim Chief Financial Officer
Nxu, Inc. Announces Third Quarter 2023 Financial ResultsMESA, Ariz., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Nxu, Inc., (
NASDAQNXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, today announced financial results for the quarter ended September 30, 2023. Nxu’s complete third quarter 2023 financial results and management commentary can be found by accessing the Company’s shareholder letter on the Investor Relations page of the Company’s website.
Nxu Receives SEC Effectiveness on Form S-3 Shelf Registration Statement for $75M in Primary CapitalUpon the one-year anniversary of becoming public, Nxu becomes shelf eligible and secures flexibility for future capital raises
Nxu Repays Nearly $20 Million of Convertible NotesInstitutional Investors Who Participated in 2022 Deal Have Substantially Converted, Significantly Decreasing Nxu’s Liabilities
Nxu Pilots Subscription Service, Answering Growing Interest in Megawatt+ ChargingRepeat Customers Opt for Subscription Service, Cite Powerful Charging and Unique Lounge Experience as Differentiators
Nxu, Inc. Announces Closing of $3.0 Million Public Offering of Common StockMESA, Ariz., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Nxu, Inc., (
NASDAQNXU) (“Nxu” or “the Company”) a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, today announced the closing of its public offering of 86,000,000 shares of Class A common stock at a public offering price of $0.035 per share. The gross proceeds of the offering to the Company, before deducting placement agent fees and commissions and other offering expenses, were approximately $3.0 million.
Nxu, Inc. Announces $3.0 Million Public Offering of Common StockMESA, Ariz., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Nxu, Inc. (
NASDAQNXU) (“Nxu” or “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, today announced the pricing of a public offering of 86,000,000 shares of Class A common stock at a public offering price of $0.035 per share. The gross proceeds of the offering to the Company, before deducting placement agent fees and commissions and other offering expenses, are expected to be approximately $3.0 million.
Nxu Achieves Important Milestones in Pivotal Q3 2023Nxu launches product, generates revenue and manages costs to position itself as an emerging leader in EV charging infrastructure development
Nxu Opens Game-Changing Charging System to the Public on Sept. 28Standard-Agnostic Nxu One Megawatt+ Charging System Debuts With $1 Charging Promotion
Nxu Announces First Megawatt+ Charging Site Along Major Highway CorridorNxu One Megawatt+ Charging System is Standard-Agnostic and Charges as Fast as the Vehicle Will Allow
Nxu Strengthens Finance Team with Seasoned Accounting and Reporting Professional Jessica MurphyMurphy Brings Hypergrowth Startup and Big Four Accounting Firm Experience as Nxu Focuses on Internal Efficiencies
Nxu Amps Up Charging Infrastructure Product Development with Engineering Leader Hilary TaylorTaylor, One of Insider’s 2022 Top 14 Power Players of the Electric Car Charging Business, Brings a Decade of Deep Charging Technology Experience to Nxu’s Vision of an Electrified Future
Nxu Announces Strategic Focus on EV Charging InfrastructureConscientious Financial Measures and Nxu’s Innovative Technology Positions Company for Competitive Advantage to Expedite Vision for Electrified Future
UPDATE: Nxu Inc. to Report Second Quarter 2023 Financial ResultsMESA, Ariz., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (
NASDAQNXU) (“Nxu”, “the Company”), a vertically integrated technology company creating energy storage and charging solutions for the infrastructure we need to power our electrified future, today announced that it will release financial results for the quarter ended June 30, 2023, before the market opens on Monday, August 14, 2023. The Company will host a Town Hall on Tuesday, August 22, 2023, where leadership will provide an overview of second quarter results. The Town Hall will be available on the Company’s YouTube channel at 7:30 p.m. ET/4:30 p.m. PT Thursday.
Correction: Nxu Inc. to Report Second Quarter 2023 Financial ResultsMESA, Ariz., Aug. 11, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (
NASDAQNXU) (“Nxu”, “the Company”), a vertically integrated technology company creating energy storage and charging solutions for the infrastructure we need to power our electrified future, today announced that it will release financial results for the quarter ended June 30, 2023, before the market opens on Monday, August 14, 2023. The Company will host a Town Hall on Thursday, August 17, 2023, where leadership will provide an overview of second quarter results. The Town Hall will be available on the Company’s YouTube channel at 7:30 p.m. ET/4:30 p.m. PT Thursday.
Nxu Inc. to Report Second Quarter 2023 Financial ResultsMESA, Ariz., Aug. 11, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (
NASDAQNXU) (“Nxu”, “the Company”), a vertically integrated technology company creating energy storage and charging solutions for the infrastructure we need to power our electrified future, today announced that it will release financial results for the quarter ended June 30, 2023, after the market closes on Monday, August 14, 2023. The Company will host a Town Hall on Thursday, August 17, 2023, where leadership will provide an overview of second quarter results.
CORRECTION -- Nxu Inc. Announces $5 Million Public OfferingMESA, Ariz., Aug. 09, 2023 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Nxu Inc. (
NASDAQNXU), please note the 3rd paragraph has been changed. The corrected release follows:
Nxu Inc. Announces $5 Million Public OfferingMESA, Ariz., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (
NASDAQNXU) (“Nxu”, “the Company”), a vertically integrated technology company creating energy storage and charging solutions for the infrastructure we need to power our electrified future, today announced the pricing of a public offering of 16,666,667 units at a public offering price of $0.30 per unit. Each unit consists of one share of Class A common stock (or a pre-funded warrant in lieu thereof) and one common warrant, with each warrant exercisable for two shares of Class A common stock at an exercise price of $0.30 per share. The common warrants will be immediately exercisable and expire three years from the date of issuance. The pre-funded warrants and accompanying common warrants are identical to the units, except that each pre-funded warrant is immediately exercisable for one share of Class A common stock at an exercise price of $0.0001, the purchase price for a pre-funded warrant and accompanying common warrants is $0.2999 and the pre-funded warrants do not expire until exercised. Gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, are expected to be approximately $5 million.
Nxu Announces First Product Shipment, Achieving Important Milestone on the Path Toward an Electrified FutureTechnology Fully Designed and Developed by Nxu, Showcasing Strength in Execution from R&D to Commercialization
Nxu Demonstrates NACS Charging Capability, Highlighting Commitment to Developing Standard-Agnostic Charging SolutionsMESA, Ariz., July 18, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (
NASDAQNXU) (“Nxu”, “the Company”), a U.S. technology company manufacturing innovative battery cells and battery packs for advanced energy storage systems, megawatt charging stations, and mobility solutions, today announced its successful demonstration of North American Charging Standard (NACS) capability. Following Nxu’s endorsement of the industry’s move to NACS last month, the Company further demonstrated its commitment to developing standard-agnostic charging solutions by integrating the NACS charging cable and connector into its proprietary megawatt-plus charging and energy infrastructure solutions.
Nxu Maintains Strong Momentum Towards 2023 Hiring Goal; Achieves 62% Year-to-Date Headcount GrowthMESA, Ariz., July 11, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (
NASDAQNXU) (“Nxu”, “the Company”), a US-operated technology company manufacturing innovative battery cells and battery packs for use in advanced energy storage systems, megawatt charging stations, and mobility solutions, today announces substantial progress towards 2023 hiring goals, underscoring the Company’s steadfast commitment to investing in top-tier talent.
Nxu Expands Arizona Presence with Acquisition of HQ FacilityExpansion effectively doubles manufacturing footprint to meet growing demand for US-manufactured energy solutions; First major product delivery slated for third quarter 2023
Nxu, Inc. Chief Legal Officer Jordan Christensen Named Finalist for Outstanding Leadership Award at Law 2.0 ConferenceMESA, Ariz., July 03, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (
NASDAQNXU) (“Nxu”, “the Company”), a US-operated technology company manufacturing innovative battery cells and battery packs for use in advanced energy storage systems, megawatt charging stations, and mobility solutions, today announced that Jordan Christensen, Nxu’s Chief Legal Officer (CLO), has been named a finalist for the Law 2.0 Outstanding Leadership Award. The award committee nominates candidates who exhibit legal excellence, decisive leadership, and creative legal thinking. Among other things, Christensen is being considered for this recognition for his involvement in engineering the Company’s unique Nasdaq listing.
NxuOne, Megawatt Plus Charging Solution, Nears Field TestingMESA, Ariz., June 29, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (
NASDAQNXU) (“Nxu”, “the Company”), a US-operated technology company manufacturing innovative battery cells and battery packs for use in advanced energy storage systems, megawatt charging stations, and in mobility solutions, today announced it will soon begin field testing NxuOne, the Company’s megawatt charging solution. Capable of delivering up to 1.5 megawatts of continuous power, NxuOne represents the future of electric vehicle (EV) charging and addresses longstanding barriers to EV adoption, such as long charging times and adequate power supply for medium- and heavy-duty EVs and equipment. This proprietary megawatt charger is now approaching alpha field trials as the Company executes against its milestone-driven strategy.
Nxu, Inc. Appoints Jessica Billingsley to Board of DirectorsBrings Extensive Public Company Technology and Capital Markets Experience
Nxu Inc. Endorses Near-Term Use of NACS; Affirms Megawatt Charging as Long-Term SolutionRecent OEM adoption of Tesla’s NACS charging network underscores US network fragmentation and interoperability issues
Nxu Inc. Appoints Jordan Christensen as Chief Legal OfficerSenior Legal Executive with Nearly 15 Years of Corporate and Legal Experience to Join Nxu
Nxu Inc. Announces New Strategic Hires as Company Moves to Build a Future of Infinite EnergyFormer Carvana leader Sarah Wyant appointed as Nxu VP of Finance; EVONIX government affairs leader Madeline Lefton appointed as Nxu Director of Government Affairs
CORRECTION – Atlis Motor Vehicles Shareholders Approve Reorganization to Holding Company, Nxu, Inc., and Omnibus Incentive PlanMESA, Ariz., May 12, 2023 (GLOBE NEWSWIRE) -- In a release issued from Atlis Motor Vehicles, Inc. (
NASDAQAMV), on May 11, 2023 under the same headline, please note that in the fourth paragraph the date for the new ticker symbol to become effective was at the closing of the Nasdaq market on May 12, 2023. The symbol will become effective at the opening of the Nasdaq market on May 15, 2023. The corrected release follows:
Atlis Motor Vehicles Shareholders Approve Reorganization to Holding Company, Nxu, Inc., and Omnibus Incentive PlanMESA, Ariz., May 11, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles, Inc. (
NASDAQAMV), a US-owned technology company manufacturing innovative battery cells and battery packs for use in advanced energy storage systems, megawatt charging stations, and mobility products, today announced shareholder approval of the company reorganization to a holding company structure with Nxu, Inc. (pronounced: “new”) as the surviving publicly traded entity (the “Holding Company Proposal”). A proposed Omnibus Incentive plan was also approved by the shareholders (the “Plan Proposal”).
Atlis Motor Vehicles to Host Special Shareholder Meeting; Seeks Approval of Holding Company Restructuring and Omnibus Incentive PlanMESA, Ariz., May 04, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles, Inc. (
NASDAQAMV), a US-owned technology company manufacturing innovative battery cells and battery packs for use in advanced energy storage systems, megawatt charging stations, and mobility products, will host a special shareholder meeting on Tuesday, May 9, 2023, at 8 am PT/11 am ET.
