Nxu Inc., a technology company specializing in EV charging and energy storage solutions, has successfully regained compliance with Nasdaq's Bid Price and Equity continued listing rules ahead of the April 2024 deadline. The Nasdaq Stock Market confirmed Nxu's compliance on February 13, 2024, following the company's presentation of its compliance plan to the Nasdaq Hearing Panel on December 14, 2023. Nxu's Chairman and CEO, Mark Hanchett, expressed confidence in maintaining compliance with Nasdaq's requirements going forward. The company will be monitored for one year regarding the Equity Rule and is working towards fulfilling the Annual Meeting Rule to fully meet Nasdaq's listing requirements. The announcement was made in a press release issued on February 14, 2024.

Nxu Inc., a technology company specializing in EV charging and energy storage solutions, has successfully regained compliance with Nasdaq's Bid Price and Equity continued listing rules ahead of the April 2024 deadline. The Nasdaq Stock Market confirmed Nxu's compliance on February 13, 2024, following the company's presentation of its compliance plan to the Nasdaq Hearing Panel on December 14, 2023. Nxu's Chairman and CEO, Mark Hanchett, expressed confidence in maintaining compliance with Nasdaq's requirements going forward. The company will be monitored for one year regarding the Equity Rule and is working towards fulfilling the Annual Meeting Rule to fully meet Nasdaq's listing requirements. The announcement was made in a press release issued on February 14, 2024.