{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-23-016914","form_type":"8-K","ticker":"NXUR","cik":"0001722969","company_name":"Nxu, Inc.","filed_at":"2023-12-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.186138+00:00","generated_at":"2026-06-07T06:56:34.959334+00:00","sec_items":["1.01","3.02","5.03","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Nxu acquires 15% of Lynx Motors via share exchange; executes 1-for-150 reverse stock split","bullets":["Acquired 15% of Lynx Motors; issued 1,000 Series A preferred shares convertible into common, valued at $3M.","Provided $250,000 non-interest bridge loan to Lynx; gets one board seat.","Effected 1-for-150 reverse stock split on Dec 26, 2023; began trading split-adjusted Dec 27.","Company believes it regained compliance with Nasdaq minimum bid price and equity requirements; awaits confirmation.","Transaction increases shareholder equity and supports continued listing on Nasdaq."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-23-016914","json":"https://secwatch.observer/filing/0001214659-23-016914.json","markdown":"https://secwatch.observer/filing/0001214659-23-016914.md","text":"https://secwatch.observer/filing/0001214659-23-016914.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1722969/000121465923016914/0001214659-23-016914-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1722969/000121465923016914/o12192328k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T06:56:34.959334+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"12115cd35f2e88b54303916080a44dd6e2ae10b2","claim":"Nxu, Inc.: Filed Certificate of Designations for Series A Convertible Preferred Stock, setting forth rights, preferences, and privileges of the new series (effective 2023-12-22).","evidence_excerpt":"On December 22, 2023, the Company filed a Certificate of Designations of Series A Convertible Preferred Stock (the “ Certificate of Designations ”) with the Secretary of State of the State of Delaware, which sets forth the rights, preferences, and privileges of the Series A Preferred Stock.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1722969/000121465923016914/0001214659-23-016914-index.htm","confidence":1.0,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-12-22"}],"fact_type":"governance_change"},{"claim_id":"c35d7cd10213b8f646ac26b4db51fd2cbd184db5","claim":"Nxu, Inc.: Filed Certificate of Amendment to effect a 1-for-150 reverse stock split of Class A Common Stock, effective after market close on December 26, 2023 (effective 2023-12-26).","evidence_excerpt":"On December 26, 2023, the Company filed a Certificate of Amendment to the Certificate of Incorporation (the “ Certificate of Amendment ”) with the Secretary of State of the State of Delaware to effect a reverse stock split (the “ Reverse Stock Split ”) of the Class A Common Stock at a ratio of 1-for-150 (the “ Reverse Stock Split Ratio ”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1722969/000121465923016914/0001214659-23-016914-index.htm","confidence":1.0,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-12-26"}],"fact_type":"governance_change"},{"claim_id":"2486bd49c6dd3ca7ac8bcbdba374a06001a97141","claim":"Nxu, Inc. entered into Share Exchange Agreement with Lynks Motor Corporation (d/b/a Lynx Motor Corporation) valued at 15% equity interest in Lynx in exchange for 1,000 Series A convertible preferred shares; $250,000 pr (effective 2023-12-27).","evidence_excerpt":"On December 27, 2023, Nxu, Inc. (the “ Company ”) entered into a share exchange agreement (the “ Share Exchange Agreement ”) with Lynks Motor Corporation (d/b/a Lynx Motor Corporation), a Delaware corporation (“ Lynx ”), pursuant to which Lynx sold to the Company, and the Company purchased from Lynx, a number of newly issued shares of Lynx representing 15% of the issued and outstanding equity interests in Lynx as of, and after giving effect to, the Closing (as defined below), in exchange for 1,000 newly issued shares of Series A convertible preferred stock, par value $0.0001 per share, of the Company (the “ Series A Preferred Stock ”), which are convertible into shares of Class A common stock, par value $0.0001 per share, of the Company (“ Class A Common Stock ”) upon the terms and subject to the conditions set forth in the Certificate of Designations (as defined below) (such transaction, the “ Private Placement ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1722969/000121465923016914/0001214659-23-016914-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Lynks Motor Corporation (d/b/a Lynx Motor Corporation)"},{"label":"Value","value":"15% equity interest in Lynx in exchange for 1,000 Series A convertible preferred shares; $250,000 pr"},{"label":"Effective","value":"2023-12-27"}],"fact_type":"material_agreement"},{"claim_id":"544a622a787ddf426a3c4d01e82fc468eb57edb6","claim":"Nxu, Inc. entered into Registration Rights Agreement with Lynks Motor Corporation (d/b/a Lynx Motor Corporation) valued at Company agreed to file registration statement for resale of Class A Common Stock issuable upon conve (effective 2023-12-27).","evidence_excerpt":"Concurrently with the Closing, the Company also entered into a registration rights agreement (the “ Registration Rights Agreement ”) with Lynx, pursuant to which the Company agreed to file a registration statement (a “ Registration Statement ”) with the Securities and Exchange Commission (the “ Commission ”) registering the resale of the Class A Common Stock issuable upon conversion of the Series A Preferred Stock within forty-five (45) days after the Closing, and to cause any such Registration Statement to become effective as promptly as practicable after filing.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1722969/000121465923016914/0001214659-23-016914-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Lynks Motor Corporation (d/b/a Lynx Motor Corporation)"},{"label":"Value","value":"Company agreed to file registration statement for resale of Class A Common Stock issuable upon conve"},{"label":"Effective","value":"2023-12-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}