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Nxu, Inc. (NXU)

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0.8826

-0.1374

(-13.47%)

At close: January 7 at 4:00:00 PM EST

0.8599

-0.02

(-2.57%)

After hours: 7:35:46 PM EST

Nxu Announces Merger with Verde Bioresins

Nxu ( (NXU) ) has issued an update. Nxu, Inc. has announced a merger with Verde Bioresins, Inc., aiming to establish Verde as a wholly owned subsidiary through a two-step merger process. The proposed merger, subject to stockholder approvals and regulatory conditions, includes a presentation available to investors that outlines the merger details and forward-looking statements. Potential risks include litigation, Nasdaq listing challenges, and unexpected costs, with investors urged to review all

TipRanks last month

NXU
-13.47%
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., (NASDAQ: NXU) (“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-ser

GlobeNewswire last month

NXU
-13.47%
Nxu Inc., Verde Bioresins enter merger agreement for all-stock transaction

Nxu and Verde Bioresins entered into a merger agreement pursuant to which Nxu will acquire all of the issued and outstanding common shares of Verde in an all-stock transaction. Upon closing of the merger, the combined company is expected to be renamed “Verde Bioresins, Corp.” and list its common stock on Nasdaq under the new ticker symbol “VRDE.” The members of the boards of directors of both companies unanimously approved, and will recommend that shareholders of each company approve, the propos

TipRanks 2 months ago

NXU
-13.47%
Nxu and Verde Bioresins Announce Proposed Merger

Combination intended to create significant shareholder value in pursuit of a sustainable futureAn Economically Feasible and Scalable Alternative Bioresin to Traditional Petroleum-based Plastics MESA, Ariz., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company focused on energy storage and charging solutions for the infrastructure we need to power our electrified future, and Verde Bioresins, Inc. (“Verde”), a leader in sustainable produc

GlobeNewswire 2 months ago

NXU
-13.47%
Nxu Issued Vehicle Technology Patent, Showcasing Strength of IP Portfolio

Portfolio includes five issued patents and thirty-seven pending patent applicationsMESA, Ariz., May 22, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc., (NASDAQ: NXU) (“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 secured a patent showcasing a novel methodology for capturing and displaying vehicle views. This new issuance rounds out Nxu’s robust patent portfolio, which includes intellec

GlobeNewswire 7 months ago

NXU
-13.47%
Nxu Evaluates Strategic Alternatives and Announces Cost Reduction Initiatives

The Company is evaluating accretive opportunitiesMESA, Ariz., May 10, 2024 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company focused on energy storage and charging solutions for the infrastructure we need to power our electrified future, announced today an intention to evaluate strategic alternatives. Nxu’s Board of Directors’ Strategic Planning Committee will lead the evaluation, with outside assistance from advisors, and has identified targets fo

GlobeNewswire 7 months ago

NXU
-13.47%
NxuOne™ Expands Subscription Charging Model

NxuOne™ Rolls Out Affordable Subscription Plan for EV DriversMESA, Ariz., May 01, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu” or “the Company”), a domestic technology company developing and manufacturing innovative electric vehicle (EV) charging and energy storage solutions, has expanded its EV charging subscription service. The company's commitment to delivering cutting-edge EV charging and energy storage solutions is now further manifested through a subscription option for the NxuO

GlobeNewswire 8 months ago

NXU
-13.47%
Nxu, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

MESA, Ariz., April 01, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“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. “Reflecting on 2023, it emerges as a transf

GlobeNewswire 9 months ago

NXU
-13.47%
NxuOne™ Charging Elevates Customer Experience with Nxu Mobile App

NxuOne™ Mobile App now available for Android and Apple devicesMESA, Ariz., March 25, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions, has developed and released the NxuOne™ mobile app, an innovative mobile application designed to seamlessly integrate with NxuOne™ EV Charging Solutions. The NxuOne™ mobile app is engineered to complement the NxuOne™ EV Charging Sy

GlobeNewswire 9 months ago

NXU
-13.47%
NxuOne™ Makes History as the First Reported Third-Party Charging System to Harness Tesla Cybertruck's 800V Architecture

Innovative Breakthrough Positions Nxu, Inc. as an Industry Pioneer in High-Speed EV ChargingMESA, Ariz., March 05, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu”, “the company”), a domestic technology company specializing in innovative EV charging and energy storage solutions, proudly announces a groundbreaking achievement. The company has successfully harnessed the full power of the Tesla Cybertruck's 800V Architecture, setting an industry precedent. Building on the recent milestone of

GlobeNewswire 9 months ago

NXU
-13.47%
Nxu Achieves Historical NACS Charging Milestone with Tesla Cybertruck

NxuOne™ Charging System Successfully Charges a Tesla CybertruckMESA, Ariz., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions, successfully charged a Tesla Cybertruck (“Cybertruck”) on Feb. 26, 2024; possibly the first-ever successful Cybertruck NACS (North American Charging Standard) charging session performed on a non-Tesla DC fast charging station. One

GlobeNewswire 10 months ago

NXU
-13.47%
Nxu Engages in Strategic Partnership with Electric Outdoors

Nxu and Electric Outdoors create a mutual beneficial collaboration to power the future of EV weekend warriorsMESA, Ariz., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu” or “the Company”), a leading domestic technology firm specializing in innovative EV charging and energy storage solutions for the infrastructure driving our electrified future, has signed a Letter of Intent (LOI) with Electric Outdoors (“EO”), a trailblazer in off-grid EV camping systems. This collaboration mark

GlobeNewswire 10 months ago

NXU
-13.47%
Nxu Fully Regains Compliance with Nasdaq’s Continued Listing Requirements

Nasdaq withdraws delisting determination letterMESA, 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. 14, 2024, the Nasdaq Stock Market (“Nasdaq”) withdrew its Jan. 9, 2024 letter that cited the Company’s apparent lack of a 2023 annual shareholder meeting, as req

GlobeNewswire 10 months ago

NXU
-13.47%
Nxu Receives Bid Price and Equity Compliance Confirmation From Nasdaq

Nxu cures deficiencies in Nasdaq’s Bid Price and Equity continued listing rules in advance of April 2024 deadlineMESA, 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 demons

GlobeNewswire 10 months ago

NXU
-13.47%
Nxu to Provide EV Charging for Lynx Motors Customers

Lynx Motors signs MOU to purchase three years of Nxu EV chargingMESA, Ariz., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, has signed a memorandum of understanding (MOU) with Lynx Motors to negotiate and execute an agreement to create a partnership whereby Lynx will purchase three years of unlimited Nxu EV c

GlobeNewswire 10 months ago

NXU
-13.47%
Nxu Provides Business Update Following 2023 Fiscal Year End

Nxu generates revenue for second consecutive quarter, debuts production charging unit, regains Nasdaq compliance and pursues critical highway charging locations within NEVI corridorsMESA, Ariz., Feb. 01, 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, achieved several important milestones in Q4 2023,

GlobeNewswire 11 months ago

NXU
-13.47%
Nxu Submits for NEVI Grant Funding to Enhance its Major Highway Electrification Goals

California Energy Commission’s NEVI Formula Program making up to $40,500,000 in grant funds availableMESA, Ariz., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, has submitted its application for grant funding under the California Energy Commission’s National Electric Vehicle Infrastructure (NEVI) Formula Prog

GlobeNewswire 11 months ago

NXU
-13.47%
Nxu Secures EV Charging Patents, Showcasing Innovation and Leadership in EV Charging Technology

Patents address Nxu’s differentiated EV charging ecosystem technologyMESA, Ariz., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, has secured a patent showcasing a novel component found on Nxu’s differentiated NxuOne™ EV Charging Solutions. Patent US 11,813,949 B2 protects the design for a locking mechanism i

GlobeNewswire 11 months ago

NXU
-13.47%
Nxu Announces Fourth NxuOne™ NEVI Corridor Location

Kramer Junction, Calif. site location under contract within California’s NEVI Corridor 7MESA, Ariz., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, is under contract to purchase a parcel of land in Kramer Junction, Calif. Located in California’s NEVI corridor 7, Kramer Junction marks the fourth NxuOne™ EV Ch

GlobeNewswire 11 months ago

NXU
-13.47%

Performance Overview

Return	NXU	S&P 500
YTD	-41.16%	+0.04%
1-Year	-54.51%	+25.80%
3-Year	-100.00%	+25.83%

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Nxu, Inc. (NXU)

Nxu Announces Merger with Verde Bioresins

Nxu, Inc. Files Registration Statement on Form S-4 for Proposed Business Combination with Verde Bioresins, Inc.

Nxu Inc., Verde Bioresins enter merger agreement for all-stock transaction

Nxu and Verde Bioresins Announce Proposed Merger

Nxu Issued Vehicle Technology Patent, Showcasing Strength of IP Portfolio

Nxu Evaluates Strategic Alternatives and Announces Cost Reduction Initiatives

NxuOne™ Expands Subscription Charging Model

Nxu, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

NxuOne™ Charging Elevates Customer Experience with Nxu Mobile App

NxuOne™ Makes History as the First Reported Third-Party Charging System to Harness Tesla Cybertruck's 800V Architecture

Nxu Achieves Historical NACS Charging Milestone with Tesla Cybertruck

Nxu Engages in Strategic Partnership with Electric Outdoors

Nxu Fully Regains Compliance with Nasdaq’s Continued Listing Requirements

Nxu Receives Bid Price and Equity Compliance Confirmation From Nasdaq

Nxu to Provide EV Charging for Lynx Motors Customers

Nxu Provides Business Update Following 2023 Fiscal Year End

Nxu Submits for NEVI Grant Funding to Enhance its Major Highway Electrification Goals

Nxu Secures EV Charging Patents, Showcasing Innovation and Leadership in EV Charging Technology

Nxu Announces Fourth NxuOne™ NEVI Corridor Location

Performance Overview