UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact Name of Registrant as Specified in Charter) |
(State or Other Jurisdiction of Incorporation |
(Commission File Number) |
(IRS Employer Identification No.) |
(Address of Principal Executive Offices) (Zip Code) |
Registrant’s telephone number, including
area code:
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
Title of each Class | Trading Symbol(s) |
Name of each exchange on which registered |
Indicate by checkmark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) of Rule 12B-2 of the Securities Exchange act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company
If an emerging growth company, indicate by check
mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
Item 8.01 Other Matters.
As previously disclosed, on October 10, 2023, Nxu, Inc. (the “Company”) received formal notice from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) that, based upon the Company’s non-compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a) as of October 9, 2023, the Company’s securities were subject to delisting unless the Company timely requested a hearing before the Nasdaq Hearings Panel (the “Panel”), which request would stay any further action by Nasdaq. The Company timely requested a hearing before the Panel, and on October 17, 2023, the Company received formal notice from the Staff that such hearing is scheduled to be held on December 14, 2023. The delisting action referenced in the Staff’s determination letter has been stayed, pending a final written decision by the Panel.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Nxu, Inc. | ||
Date: October 18, 2023 | By: | /s/ Mark Hanchett |
Mark Hanchett Chief Executive Officer |
Cover |
Oct. 17, 2023 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Oct. 17, 2023 |
Entity File Number | 001-41509 |
Entity Registrant Name | Nxu, Inc. |
Entity Central Index Key | 0001722969 |
Entity Tax Identification Number | 92-2819012 |
Entity Incorporation, State or Country Code | DE |
Entity Address, Address Line One | 1828 N. Higley Rd. Ste 116 |
Entity Address, City or Town | Mesa |
Entity Address, State or Province | AZ |
Entity Address, Postal Zip Code | 85205 |
City Area Code | (602) |
Local Phone Number | 309-5425 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Class A Common Stock, par value $0.0001 per share |
Trading Symbol | NXU |
Security Exchange Name | NASDAQ |
Entity Emerging Growth Company | true |
Elected Not To Use the Extended Transition Period | false |
F*W$:\GC6AY