| UNITED STATES | ||
| SECURITIES AND EXCHANGE COMMISSION | ||
| Washington, D.C. 20549 | ||
FORM 25 | ||
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934. | ||
| Commission File Number 333-283114 | ||
| Issuer: | Nxu, Inc. |
| Exchange: | Nasdaq Stock Market LLC |
| (Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered) |
| Address: | 1431 E. Orangethorpe Ave Fullerton, CALIFORNIA 92831 |
| Telephone number: | 7739601678 |
| (Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices) |
| Class A Common Stock |
| (Description of class of securities) |
| Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration: |
| o 17 CFR 240.12d2-2(a)(1) |
| o 17 CFR 240.12d2-2(a)(2) |
| o 17 CFR 240.12d2-2(a)(3) |
| o 17 CFR 240.12d2-2(a)(4) |
| x Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. 1 |
| o Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange. |
| Pursuant to the requirements for the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person. |
| 2025-08-07 | By | Aravind Menon | Hearings Advisor | |
| Date | Name | Title | ||
| 1 | Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions. |
Delisting Determination, The Nasdaq Stock Market, LLC, August 5, 2025,
Nxu, Inc.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove
from listing the Class A common stock of Nxu, Inc.
effective at the opening of the trading session on August 18, 2025.
Based on review of information provided by the Company, Nasdaq Staff
determined that the Company no longer qualified for listing on the
Exchange pursuant to Listing Rule 5550(a)(2).
The Company was notified of the Staff determination
on April 1, 2025 and in the Staff determination letter,
the Company was informed that its Class A common stock
would be suspended from the Exchange on April 10, 2025 regardless
of whether or not it filed an appeal.
On April 7, 2025 the Company exercised its right to appeal
the Staff determination to the Listing Qualifications Hearings Panel
(Panel) pursuant to Listing Rule 5815.
On May 8, 2025, the hearing was
held. On May 30, 2025 the Panel reached a decision and a Decision
letter was issued on June 4, 2025.
On June 4, 2025, the
Panel reached a decision and decided to have the Company
Class A common stock remain suspended from the Exchange.
The Company Class A common stock was suspended on April 10, 2025.
The Staff determination to delist the Company Class A common stock
became final on July 21, 2025.