Nxu, Inc. (NXUR): Nasdaq/NYSE listing notice — 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.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Nxu, Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

April 1, 2025, the Company received a letter from the Staff notifying the Company that it had not regained compliance with the Minimum Bid Price Requirement for continued listing on Nasdaq and that, as a result, the Company’s securities would be subject to delisting. Although the Reverse Stock Split had become effective on March 31, 2025, the shares of Class A common stock had not maintained a minimum bid price of $1.00 per share for a minimum of 10 consecutive business days during the applicable compliance period. The Company subsequently appealed the Staff’s determination to Nasdaq’s Hearing

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Nxu, Inc. filing history →

Source: SEC EDGAR

accession 0001214659-25-009254

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