Nxu Inc. announced the outcomes of its Annual Meeting held on August 14, 2024, where several key decisions were made by the stockholders. The company, listed on NASDAQ under the symbol NXU, received approval for an amendment to its Certificate of Incorporation, allowing for the adjustment of the authorized number of shares and potential reverse stock splits, in compliance with Section 242(d) of the Delaware General Corporation Law. Additionally, the stockholders approved the amendment and restatement of the Nxu Inc. 2023 Omnibus Incentive Plan, which includes an increase of 48,000,000 shares available for issuance and extends the award period to August 13, 2034. The Annual Meeting also resulted in the election of four directors: Mark Hanchett, Annie Pratt, Britt Ide, and Jessica Billingsley, who will serve until the 2025 annual meeting. Furthermore, the appointment of Prager Metis CPAs LLC as the company's independent registered public accounting firm for the fiscal year ending December 31, 2024, was ratified, and a proposal to authorize a Series of Preferred Stock was approved.

Nxu Inc. announced the outcomes of its Annual Meeting held on August 14, 2024, where several key decisions were made by the stockholders. The company, listed on NASDAQ under the symbol NXU, received approval for an amendment to its Certificate of Incorporation, allowing for the adjustment of the authorized number of shares and potential reverse stock splits, in compliance with Section 242(d) of the Delaware General Corporation Law. Additionally, the stockholders approved the amendment and restatement of the Nxu Inc. 2023 Omnibus Incentive Plan, which includes an increase of 48,000,000 shares available for issuance and extends the award period to August 13, 2034. The Annual Meeting also resulted in the election of four directors: Mark Hanchett, Annie Pratt, Britt Ide, and Jessica Billingsley, who will serve until the 2025 annual meeting. Furthermore, the appointment of Prager Metis CPAs LLC as the company's independent registered public accounting firm for the fiscal year ending December 31, 2024, was ratified, and a proposal to authorize a Series of Preferred Stock was approved.