Nxu shareholders approve merger with Verde Bioresins

Nxu, Inc. announced shareholder approval of its merger with Verde Bioresins, Inc. Verde stockholders will own about 95% of the combined company. The transaction values Verde at approximately $306.9 million enterprise value.

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

• 1 source
• globenewswire.comNxu Announces Shareholder Approval of Merger with VerdeNxu Inc.Feb 12, 2025

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