---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-011126"
form_type: "8-K"
ticker: "NXUR"
cik: "0001722969"
company_name: "Nxu, Inc."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T11:50:45.514356+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Nxu prices $5M public offering of units at $0.30 per unit

## Summary
- Priced public offering of 16,666,667 units at $0.30/unit for gross proceeds of ~$5M.
- Each unit consists of one share of Class A common stock (or pre-funded warrant) and one warrant exercisable for two shares at $0.30.
- Warrants are immediately exercisable and expire three years from issuance.
- Company agreed to amend Series B warrants held by certain investors; they will be exchanged for shares and extinguished at closing.
- A.G.P./Alliance Global Partners and Maxim Group LLC acted as placement agents; fees 8% of gross proceeds.

## SEC filing metadata
- accession: 0001214659-23-011126
- form_type: 8-K
- ticker: NXUR
- cik: 0001722969
- company_name: Nxu, Inc.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.04, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1722969/000121465923011126/0001214659-23-011126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1722969/000121465923011126/b8112368k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-011126
- JSON: https://secwatch.observer/filing/0001214659-23-011126.json
- Plain text: https://secwatch.observer/filing/0001214659-23-011126.txt

## Key facts
- Material Agreements
  Nxu, Inc. entered into Placement Agency Agreement with A.G.P./Alliance Global Partners and Maxim Group LLC valued at 8.0% of the gross proceeds raised in the Offering (effective 2023-08-08).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: A.G.P./Alliance Global Partners and Maxim Group LLC
  - Value: 8.0% of the gross proceeds raised in the Offering
  - Effective: 2023-08-08
  source text: and a placement agency agreement (the “Placement Agency Agreement”) with A.G.P./Alliance Global Partners and Maxim Group LLC (the “Placement Agents”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722969/000121465923011126/0001214659-23-011126-index.htm
- Material Agreements
  Nxu, Inc. entered into Purchase Agreement with certain investors named therein valued at aggregate gross proceeds of approximately $5 million (effective 2023-08-08).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain investors named therein
  - Value: aggregate gross proceeds of approximately $5 million
  - Effective: 2023-08-08
  source text: on August 8, 2023, the Company entered into a securities purchase agreement (the “Purchase Agreement”) with certain investors named therein (the “Purchasers”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722969/000121465923011126/0001214659-23-011126-index.htm

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