Nxu receives Nasdaq delisting determination; company will not appeal

Nxu, Inc.

June 10, 2025: Nasdaq Panel denies exception; delists Nxu for failing to maintain $1.00 bid price after reverse stock split.
Trading in NXU has been suspended since April 10, 2025.
Company will not request review by Nasdaq Listing and Review Council; delisting is final.
Form 25-NSE to be filed after review periods expire, removing securities from Nasdaq.

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