Nxu and Verde Bioresins Announce Proposed Merger
Nxu, Inc. - Class A (NXU)
Company Research
Source: GlobeNewswire
Combination intended to create significant shareholder value in pursuit of a sustainable futureAn Economically Feasible and Scalable Alternative Bioresin to Traditional Petroleum-based Plastics MESA, Ariz., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company focused on energy storage and charging solutions for the infrastructure we need to power our electrified future, and Verde Bioresins, Inc. (“Verde”), a leader in sustainable product innovation and full-service bioplastics production, have entered into a merger agreement pursuant to which Nxu will acquire all of the issued and outstanding common shares of Verde in an all-stock transaction. Upon closing of the merger, the combined company is expected to be renamed “Verde Bioresins, Corp.” and list its common stock on Nasdaq under the new ticker symbol “VRDE.” The members of the boards of directors of both companies unanimously approved, and will recommend that sharehold
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NXU
News
- Nxu, Inc. Files Registration Statement on Form S-4 for Proposed Business Combination with Verde Bioresins, Inc.GlobeNewswire
- STOCKHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Nxu, Inc. – NXUGlobeNewswire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RVNC, BMTX, NXU, OB on Behalf of ShareholdersPR Newswire
- STOCKHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Nxu, Inc. - NXUPR Newswire
- NXU INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Nxu, Inc. - NXUBusiness Wire
NXU
Sec Filings
- 12/19/24 - Form S-8
- 12/18/24 - Form 4
- 12/10/24 - Form 4
- NXU's page on the SEC website