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The latest announcement is out from Nxu ( (NXUR) ).
Nxu, Inc. faced challenges in maintaining its listing on the Nasdaq Capital Market due to its stock price falling below the required minimum bid price of $1.00 per share. Despite implementing a reverse stock split on March 31, 2025, to boost its share price, the company failed to meet the compliance requirements, leading to a decision by Nasdaq’s Hearing Panel to delist its securities. The delisting process began on April 10, 2025, and the company does not plan to appeal the decision, which may result in limited trading opportunities and difficulties for shareholders in selling their shares.
More about Nxu
Average Trading Volume: 350,254
Technical Sentiment Signal: Sell
Current Market Cap: $1.93M
For an in-depth examination of NXUR stock, go to TipRanks’ Overview page.