NXU (NXU) Announces 86M Share Offering at $0.035/sh
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Nxu, Inc. Announces $3.0 Million Public Offering of Common Stock
October 19, 2023 9:15 AM EDTMESA, Ariz., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (Nxu or the Company), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, today announced the pricing of a public offering of 86,000,000 shares of Class A common stock at a public offering price of $0.035 per share. The gross proceeds of the offering to the Company, before deducting placement agent fees and commissions and other offering expenses, are expected to be approximately $3.0 million.
The offering is expected to... More
