Summary by Moomoo AI
Nxu Inc. has announced the scheduling of its virtual 2024 annual meeting of stockholders for June 14, 2024. The meeting will be held online via live webcast with no physical location. Stockholders will be able to vote electronically and submit questions during the meeting. The announcement follows a year of significant rebranding and strategic shifts for Nxu, which began 2023 as a newly public company focused on battery development, energy storage systems, and EV charging infrastructure. The company, formerly known as Atlis Motor Vehicles, rebranded to Nxu to better reflect its broader industry vision. Despite macroeconomic challenges in 2023, Nxu repositioned itself to prioritize electric vehicle charging infrastructure, responding to a growing consumer need. The fourth quarter of 2023 saw progress in charging station design, capital funding, and production of charging units. The annual meeting will address the election of five directors, the adoption of the Amended and Restated 2023 Omnibus Incentive Plan, the ratification of the company's independent auditor, amendments to the Certificate of Incorporation, and other business matters.