Nxu Shareholders Approve Incentives and Elect New Directors

Nxu (NXU) has shared an update.

Nxu, Inc. shareholders have endorsed significant updates to the company’s incentive plan, including an increased share allocation and an extended award timeline, at the Annual Meeting held on August 14, 2024. Four directors were elected, with Mark Hanchett, Annie Pratt, Britt Ide, and Jessica Billingsley set to serve until the 2025 annual meeting. Additionally, the firm’s independent public accounting firm was ratified, amendments to the Certificate of Incorporation were approved, and the authorization for a Series of Preferred Stock was agreed upon by Class B common stockholders.

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