Nxu Receives Bid Price and Equity Compliance Confirmation From Nasdaq [Yahoo! Finance]
Nxu, Inc. - Class A (NXU)
Company Research
Source: Yahoo! Finance
MESA, Ariz., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Nxu Inc. (NASDAQ: NXU) (“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, announced that on Feb. 13, 2024, the Nasdaq Stock Market (“Nasdaq”) confirmed that the Company has sufficiently demonstrated compliance with the bid price requirement in Nasdaq Listing Rule 5550(a)(2) (“Bid Price Rule”) and regained compliance with the equity requirement in Nasdaq Listing Rule 5550(b)(1) (“Equity Rule”) pursuant to the Nasdaq Hearing Panel (“Panel”) decision dated Dec. 18, 2023 (“Hearing Decision”). Nxu presented its compliance plan to the Panel on Dec. 14, 2023, and the Panel gave the Company until April 7, 2024, to demonstrate compliance with the Bid Price Rule and Equity Rule. “The plan we presented to Nasdaq in December was thorough and decisive,” said Mark Hanchett, Chairman and CEO at Nxu. “Our
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- Nxu, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
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NXU
Sec Filings
- 5/1/24 - Form 10-K/A
- 4/22/24 - Form PRE
- 4/19/24 - Form 4
- NXU's page on the SEC website