Summary by Moomoo AI
Nxu Inc filed a Form S-8 on December 18, 2024, to register an additional 48,015,188 shares of Class A common stock for issuance under its 2023 Omnibus Incentive Plan. This is in addition to the 2,333,333 shares previously registered in May 2023. The plan was amended and restated on August 14, 2024, with stockholder approval.The filing reflects Nxu's 1-for-150 reverse stock split effected on December 26, 2023, which proportionately adjusted the number of shares issuable under the plan. The registration incorporates by reference various SEC filings, including the company's 2023 annual report, quarterly reports for 2024, and several current reports on Form 8-K.The registration was signed by CEO Mark Hanchett, CFO Sarah Wyant, President Annie Pratt, and directors Britt Ide and Jessica Billingsley. It includes exhibits such as the company's certificate of incorporation, bylaws, and various stock purchase warrants.
