---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-013412"
form_type: "8-K"
ticker: "NXUR"
cik: "0001722969"
company_name: "Nxu, Inc."
filed_at: "2023-10-13T23:59:59+00:00"
generated_at: "2026-06-10T00:05:52.308852+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nxu receives Nasdaq delisting notice for equity and bid price non-compliance; plans hearing and compliance steps

## Summary
- Received delisting notice for failing Nasdaq's stockholders' equity minimum ($2.5M) and minimum bid price ($1.00).
- Intends to request a hearing next week; securities continue trading during process.
- Will attempt to increase equity via public offering of 42,666,667 shares and explore other financing.
- Plans reverse stock split to address bid price deficiency, executable via shareholder resolution.
- If hearing panel grants plan, company may get up to 180 days to regain compliance.

## SEC filing metadata
- accession: 0001214659-23-013412
- form_type: 8-K
- ticker: NXUR
- cik: 0001722969
- company_name: Nxu, Inc.
- filed_at: 2023-10-13T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1722969/000121465923013412/0001214659-23-013412-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1722969/000121465923013412/j10132308k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-013412
- JSON: https://secwatch.observer/filing/0001214659-23-013412.json
- Plain text: https://secwatch.observer/filing/0001214659-23-013412.txt

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