8-K12G3
filed May 12, 2023, 7:59 PM ET
ticker NXUR
CIK 0001722969
other material
confidence high
sentiment neutral
materiality 0.70
Nxu, Inc. (NXUR): M&A transaction — Atlis Motor Vehicles completes reorganization merger with Nxu; Nxu to trade under NXU ticker
Nxu, Inc.
- On May 12, 2023, Atlis merged with Nxu Merger Sub, becoming a wholly-owned subsidiary of Nxu; all Atlis shares converted to Nxu shares on one-for-one basis.
- Directors and officers of Atlis immediately prior to merger remain in same positions with Nxu.
- Atlis converted from Delaware corporation to LLC named Atlis Motor Vehicles LLC; substantially all assets distributed to Nxu.
- Nxu is successor issuer; Nxu Class A common stock expected to trade on Nasdaq under 'NXU' starting May 15, 2023.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mark Hanchett was appointed as director at Nxu, Inc..
- Action
- appointed
- Role
- director
Exact text from the filing
the directors of Atlis immediately following the consummation of the Reorganization Merger, but prior to the completion of the Conversion, were Mark Hanchett, Annie Pratt, Britt Ide and Caryn Nightengale.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Britt Ide was appointed as director at Nxu, Inc..
- Action
- appointed
- Role
- director
Exact text from the filing
the directors of Atlis immediately following the consummation of the Reorganization Merger, but prior to the completion of the Conversion, were Mark Hanchett, Annie Pratt, Britt Ide and Caryn Nightengale.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Caryn Nightengale was appointed as director at Nxu, Inc..
- Action
- appointed
- Role
- director
Exact text from the filing
the directors of Atlis immediately following the consummation of the Reorganization Merger, but prior to the completion of the Conversion, were Mark Hanchett, Annie Pratt, Britt Ide and Caryn Nightengale.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Annie Pratt was appointed as director at Nxu, Inc..
- Action
- appointed
- Role
- director
Exact text from the filing
the directors of Atlis immediately following the consummation of the Reorganization Merger, but prior to the completion of the Conversion, were Mark Hanchett, Annie Pratt, Britt Ide and Caryn Nightengale.
View on SEC.gov
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Nxu, Inc. underwent a change of control involving Nxu, Inc. (closed 2023-05-12).
- Action
- change of control
- Counterparty
- Nxu, Inc.
- Closing
- 2023-05-12
Exact text from the filing
On May 12, 2023, Atlis Motor Vehicles Inc. (“Atlis”) completed its previously announced reorganization merger pursuant to the Agreement and Plan of Merger, dated as of April 16, 2023 (the “Reorganization Agreement”), by and among Atlis, Nxu, Inc., a Delaware Corporation (“Nxu”), and Atlis Merger Sub, Inc., a Delaware corporation and, as of immediately prior to the consummation of such merger, a wholly-owned subsidiary of Nxu (“Merger Sub”).
View on SEC.gov
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