Merger

$Nxu Inc (NXU.US)$ On October 23, 2024, Nxu Inc., a Delaware corporation, announced a definitive merger agreement with Verde Bioresins, Inc., also a Delaware corporation. The agreement outlines a two-step merger process where Nxu's wholly owned subsidiaries, NXU Merger Sub, Inc. and NXU Merger Sub, LLC, will merge with Verde, resulting in Verde becoming a wholly owned subsidiary of Nxu.