Nxu to acquire Verde Bioresins in all-stock merger

Nxu, Inc. has entered into a merger agreement to acquire all outstanding shares of Verde Bioresins, Inc. in an all-stock transaction. The combined company will be renamed Verde Bioresins, Corp. and list on Nasdaq under the ticker VRDE.

“We are thrilled to merge with Nxu, a company at the forefront of sustainable solutions in transportation.”sec.gov

• 2 sources
• sec.govOct 23, 2024
• globenewswire.comNxu and Verde Bioresins Announce Proposed MergerNxu Inc.Oct 24, 2024

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