Summary by Futu AI
Nxu Inc. has announced the scheduling of its virtual 2024 annual meeting of stockholders for June 14, 2024. The meeting will be held online via live webcast, with no physical location. Stockholders will be able to attend, vote electronically, and submit questions during the meeting. The announcement follows a year of significant rebranding and strategic shifts for Nxu, which began as a newly public company focused on battery development and EV charging infrastructure. Despite macroeconomic challenges in 2023, Nxu repositioned itself to prioritize electric vehicle charging infrastructure, securing capital for development and deployment objectives. The company's Q4 achievements in 2023 laid the foundation for a strong start to 2024, with critical hires and exploration of strategic partnerships. The annual meeting will address the election of four directors, the adoption of the Amended and Restated 2023 Omnibus Incentive Plan, the ratification of the independent registered public accounting firm, and other business matters.