regulatory
confidence high
sentiment positive
materiality 0.60
Nasdaq grants Nxu continued listing subject to compliance by April 7, 2024
Nxu, Inc.
- Nasdaq Hearings Panel approved Nxu's request for continued listing on Dec. 18, 2023.
- Company must demonstrate compliance with minimum bid price and stockholders' equity requirements by April 7, 2024.
- Nxu presented its compliance plan to Nasdaq on Dec. 14, 2023.
- CEO Mark Hanchett expressed confidence in executing the remaining compliance steps.