---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-006973"
form_type: "8-K12G3"
ticker: "NXUR"
cik: "0001722969"
company_name: "Nxu, Inc."
filed_at: "2023-05-12T23:59:59+00:00"
generated_at: "2026-06-15T02:38:29.257824+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Atlis Motor Vehicles completes reorganization into Nxu, Inc.; shares convert 1:1, trading to begin under 'NXU' on May 15

## Summary
- All Atlis Class A and Class D shares converted 1:1 into Nxu Class A and Class B common stock.
- Nxu to trade on Nasdaq under ticker NXU starting May 15; existing directors and officers unchanged.
- New employment agreements for CEO Hanchett, President Pratt, and CFO Dwivedi with base salary of $200,000, rising to $300,000 on milestones.
- Severance provides 12-month salary continuation and equity vesting for involuntary termination without cause or for good reason.

## SEC filing metadata
- accession: 0001214659-23-006973
- form_type: 8-K12G3
- ticker: NXUR
- cik: 0001722969
- company_name: Nxu, Inc.
- filed_at: 2023-05-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 5.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1722969/000121465923006973/0001214659-23-006973-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1722969/000121465923006973/x5122318k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-006973
- JSON: https://secwatch.observer/filing/0001214659-23-006973.json
- Plain text: https://secwatch.observer/filing/0001214659-23-006973.txt

## Key facts
- Executive change
  Annie Pratt was appointed as President at Nxu, Inc..
  - Action: appointed
  - Role: President
  source text: On May 12, 2023, as of immediately following the effective time of the Reorganization Merger, the directors and executive officers of Atlis immediately prior to the Reorganization Merger were appointed to the same respective positions with Nxu.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722969/000121465923006973/0001214659-23-006973-index.htm
- Executive change
  Caryn Nightengale was appointed as Director at Nxu, Inc..
  - Action: appointed
  - Role: Director
  source text: On May 12, 2023, as of immediately following the effective time of the Reorganization Merger, the directors and executive officers of Atlis immediately prior to the Reorganization Merger were appointed to the same respective positions with Nxu.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722969/000121465923006973/0001214659-23-006973-index.htm
- Executive change
  Mark Hanchett was appointed as Chief Executive Officer at Nxu, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On May 12, 2023, as of immediately following the effective time of the Reorganization Merger, the directors and executive officers of Atlis immediately prior to the Reorganization Merger were appointed to the same respective positions with Nxu.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722969/000121465923006973/0001214659-23-006973-index.htm
- Executive change
  Apoorv Dwivedi was appointed as Chief Financial Officer at Nxu, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On May 12, 2023, as of immediately following the effective time of the Reorganization Merger, the directors and executive officers of Atlis immediately prior to the Reorganization Merger were appointed to the same respective positions with Nxu.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722969/000121465923006973/0001214659-23-006973-index.htm
- Executive change
  Britt Ide was appointed as Director at Nxu, Inc..
  - Action: appointed
  - Role: Director
  source text: On May 12, 2023, as of immediately following the effective time of the Reorganization Merger, the directors and executive officers of Atlis immediately prior to the Reorganization Merger were appointed to the same respective positions with Nxu.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722969/000121465923006973/0001214659-23-006973-index.htm
- M&A Transactions
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722969/000121465923006973/0001214659-23-006973-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.