Nxu terminates merger, board approves winding down; President and CFO resign

Nxu, Inc.

Terminated merger with Verde Bioresins on June 23, 2025; closing conditions not met.
Board decided to pursue orderly winding down and dissolution, possibly including bankruptcy.
President Annie Pratt and CFO Sarah Wyant resigned effective June 16; Director Jessica Billingsley resigned June 23.
Nasdaq determined to delist securities; company will not appeal and expects Form 25-NSE filing.
No disagreements cited in resignations; company cites challenges in consummating merger.

item 1.02 item 5.02 item 8.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Sarah Wyant

Chief Financial Officer of the Company

NXUR · Nxu, Inc.

Effective: 2025-06-16
Filed: June 23, 2025, 7:59 PM ET

On June 16, 2025, the Company received notices of resignation from Annie Pratt, resigning from her role as President of the Company and from the Board, and Sarah Wyant, resigning from her role as Chief Financial Officer of the Company, each effective as of June 16, 2025.

Departed

Annie Pratt

President of the Company

NXUR · Nxu, Inc.

Effective: 2025-06-16
Filed: June 23, 2025, 7:59 PM ET

On June 16, 2025, the Company received notices of resignation from Annie Pratt, resigning from her role as President of the Company and from the Board, and Sarah Wyant, resigning from her role as Chief Financial Officer of the Company, each effective as of June 16, 2025.

Departed

Jessica Billingsley

Board

NXUR · Nxu, Inc.

Effective: 2025-06-23
Filed: June 23, 2025, 7:59 PM ET

On June 23, 2025, Jessica Billingsley resigned from the Board, effective as of June 23, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Sarah Wyant resigned as Chief Financial Officer of the Company at Nxu, Inc..

Action: resigned
Role: Chief Financial Officer of the Company

Exact text from the filing

On June 16, 2025, the Company received notices of resignation from Annie Pratt, resigning from her role as President of the Company and from the Board, and Sarah Wyant, resigning from her role as Chief Financial Officer of the Company, each effective as of June 16, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Annie Pratt resigned as President of the Company at Nxu, Inc..

Action: resigned
Role: President of the Company

Exact text from the filing

On June 16, 2025, the Company received notices of resignation from Annie Pratt, resigning from her role as President of the Company and from the Board, and Sarah Wyant, resigning from her role as Chief Financial Officer of the Company, each effective as of June 16, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jessica Billingsley resigned as Board at Nxu, Inc..

Action: resigned
Role: Board

Exact text from the filing

On June 23, 2025, Jessica Billingsley resigned from the Board, effective as of June 23, 2025.

View on SEC.gov

Nxu, Inc. filing history →

Source: SEC EDGAR

accession 0001214659-25-009491

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