Nxu fully regains Nasdaq compliance; Bid Price, Equity, and Annual Meeting rules cured

Nxu, Inc.

Nasdaq confirmed on Feb 13, 2024 that Nxu demonstrated compliance with Bid Price and Equity listing rules, beating April 7 deadline.
Nasdaq withdrew Jan 9 delisting letter for Annual Meeting Rule after verifying May 9, 2023 meeting met requirements.
Nxu will be removed from Nasdaq noncompliant list; one-year monitoring period applies for Equity Rule compliance.
CEO Mark Hanchett attributes success to thorough Dec 14, 2023 compliance plan and commitment to maintaining standards.

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