Nxu Inc

Energy Vault Holdings, Inc. develops sustainable energy storage solutions that are transforming the world's approach to utility-scale energy storage for grid resiliency. The firm's proprietary energy management system software and gravity-based energy storage technology are intended to help utilities, independent power producers, and large industrial energy users to significantly reduce levelized cost of energy while maintaining power reliability. The company is headquartered in Dover, DE.

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Nxu, Inc. is a technology company, which engages in the manufacture of battery cells and battery packs for use in energy storage systems and megawatt charging stations. It focuses on the battery cell and pack technologies, energy storage solutions, charging infrastructure, platform and medium-duty electric mobility solutions, and over-air cloud management encompassed by subscription-based models. The company was founded by Mark Hanchett on November 9, 2016 and is headquartered in Mesa, AZ.

Energy Vault Holdings

PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault”) on behalf of the company's long-term investors. Energy Vault develops and sells energy storage solutions. The current company was formed in February 2022 via a business combination with SPAC entity Novus Capital Corporation II (NYSE: NXU), with Energy Vault as the surviving, publicly traded entity. Immediately following the closing of the business combinati.

SHAREHOLDER ALERT: Kaskela Law LLC Announces Stockholder Investigation of Energy Vault Holdings, Inc. and Encourages Long-Term NXU / NRGV Investors to Contact the Firm

MESA, Ariz., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a vertically integrated technology company creating energy storage and charging solutions for the infrastructure we need to power our electrified future, today announced that it will release financial results for the quarter ended June 30, 2023, before the market opens on Monday, August 14, 2023. The Company will host a Town Hall on Tuesday, August 22, 2023, where leadership will provide an overview of second quarter results. The Town Hall will be available on the Company's YouTube channel at 7:30 p.m. ET/4:30 p.m. PT Thursday.

UPDATE: Nxu Inc. to Report Second Quarter 2023 Financial Results

MESA, Ariz., Aug. 11, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a vertically integrated technology company creating energy storage and charging solutions for the infrastructure we need to power our electrified future, today announced that it will release financial results for the quarter ended June 30, 2023, before the market opens on Monday, August 14, 2023. The Company will host a Town Hall on Thursday, August 17, 2023, where leadership will provide an overview of second quarter results. The Town Hall will be available on the Company's YouTube channel at 7:30 p.m. ET/4:30 p.m. PT Thursday.

Correction: Nxu Inc. to Report Second Quarter 2023 Financial Results

MESA, Ariz., Aug. 11, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a vertically integrated technology company creating energy storage and charging solutions for the infrastructure we need to power our electrified future, today announced that it will release financial results for the quarter ended June 30, 2023, after the market closes on Monday, August 14, 2023. The Company will host a Town Hall on Thursday, August 17, 2023, where leadership will provide an overview of second quarter results.

Nxu Inc. to Report Second Quarter 2023 Financial Results

MESA, Ariz., Aug. 09, 2023 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Nxu Inc. (NASDAQ: NXU), please note the 3rd paragraph has been changed. The corrected release follows:

CORRECTION -- Nxu Inc. Announces $5 Million Public Offering

Nxu (NASDAQ: NXU ) stock is taking a beating on Wednesday after the power storage company announced a public share offering. That public stock offering has Nxu selling 16,666,667 units at a price of 30 cents each.

Why Is Nxu (NXU) Stock Down 32% Today?

MESA, Ariz., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a vertically integrated technology company creating energy storage and charging solutions for the infrastructure we need to power our electrified future, today announced the pricing of a public offering of 16,666,667 units at a public offering price of $0.30 per unit. Each unit consists of one share of Class A common stock (or a pre-funded warrant in lieu thereof) and one common warrant, with each warrant exercisable for two shares of Class A common stock at an exercise price of $0.30 per share. The common warrants will be immediately exercisable and expire three years from the date of issuance. The pre-funded warrants and accompanying common warrants are identical to the units, except that each pre-funded warrant is immediately exercisable for one share of Class A common stock at an exercise price of $0.0001, the purchase price for a pre-funded warrant and accompanying common warrants is $0.2999 and the pre-funded warrants do not expire until exercised. Gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, are expected to be approximately $5 million.

Nxu Inc. Announces $5 Million Public Offering

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Technology Fully Designed and Developed by Nxu, Showcasing Strength in Execution from R&D to Commercialization Technology Fully Designed and Developed by Nxu, Showcasing Strength in Execution from R&D to Commercialization

Nxu Announces First Product Shipment, Achieving Important Milestone on the Path Toward an Electrified Future

MESA, Ariz., July 18, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a U.S. technology company manufacturing innovative battery cells and battery packs for advanced energy storage systems, megawatt charging stations, and mobility solutions, today announced its successful demonstration of North American Charging Standard (NACS) capability. Following Nxu's endorsement of the industry's move to NACS last month, the Company further demonstrated its commitment to developing standard-agnostic charging solutions by integrating the NACS charging cable and connector into its proprietary megawatt-plus charging and energy infrastructure solutions.

Nxu Demonstrates NACS Charging Capability, Highlighting Commitment to Developing Standard-Agnostic Charging Solutions

MESA, Ariz., July 11, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a US-operated technology company manufacturing innovative battery cells and battery packs for use in advanced energy storage systems, megawatt charging stations, and mobility solutions, today announces substantial progress towards 2023 hiring goals, underscoring the Company's steadfast commitment to investing in top-tier talent.

Nxu Maintains Strong Momentum Towards 2023 Hiring Goal; Achieves 62% Year-to-Date Headcount Growth

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Expansion effectively doubles manufacturing footprint to meet growing demand for US-manufactured energy solutions; First major product delivery slated for third quarter 2023 Expansion effectively doubles manufacturing footprint to meet growing demand for US-manufactured energy solutions; First major product delivery slated for third quarter 2023

Nxu Expands Arizona Presence with Acquisition of HQ Facility

MESA, Ariz., July 03, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a US-operated technology company manufacturing innovative battery cells and battery packs for use in advanced energy storage systems, megawatt charging stations, and mobility solutions, today announced that Jordan Christensen, Nxu's Chief Legal Officer (CLO), has been named a finalist for the Law 2.0 Outstanding Leadership Award. The award committee nominates candidates who exhibit legal excellence, decisive leadership, and creative legal thinking. Among other things, Christensen is being considered for this recognition for his involvement in engineering the Company's unique Nasdaq listing.

Nxu, Inc. Chief Legal Officer Jordan Christensen Named Finalist for Outstanding Leadership Award at Law 2.0 Conference

MESA, Ariz., June 29, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a US-operated technology company manufacturing innovative battery cells and battery packs for use in advanced energy storage systems, megawatt charging stations, and in mobility solutions, today announced it will soon begin field testing NxuOne, the Company's megawatt charging solution. Capable of delivering up to 1.5 megawatts of continuous power, NxuOne represents the future of electric vehicle (EV) charging and addresses longstanding barriers to EV adoption, such as long charging times and adequate power supply for medium- and heavy-duty EVs and equipment. This proprietary megawatt charger is now approaching alpha field trials as the Company executes against its milestone-driven strategy.

NxuOne, Megawatt Plus Charging Solution, Nears Field Testing

Brings Extensive Public Company Technology and Capital Markets Experience Brings Extensive Public Company Technology and Capital Markets Experience

Nxu, Inc. Appoints Jessica Billingsley to Board of Directors

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Recent OEM adoption of Tesla's NACS charging network underscores US network fragmentation and interoperability issues Recent OEM adoption of Tesla's NACS charging network underscores US network fragmentation and interoperability issues

Nxu Inc. Endorses Near-Term Use of NACS; Affirms Megawatt Charging as Long-Term Solution

Senior Legal Executive with Nearly 15 Years of Corporate and Legal Experience to Join Nxu Senior Legal Executive with Nearly 15 Years of Corporate and Legal Experience to Join Nxu

Nxu Inc. Appoints Jordan Christensen as Chief Legal Officer

MESA, Ariz., May 30, 2023 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU), a US-owned technology company manufacturing innovative battery cells and battery packs for use in advanced energy storage systems, megawatt charging stations, and mobility products, today announced that it will participate in the 13th Annual LD Micro Invitational investor conference in Los Angeles and Evercore ISI's Global Clean Energy & Transition Technologies Summit in New York City.

Nxu, Inc. to Attend Upcoming LD Micro Investor Conference and Evercore ISI Global Clean Energy & Transition Technologies Summit

Los Angeles, California--(Newsfile Corp. - August 1, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Energy Vault Holdings, Inc. ("Energy Vault" or "the Company") (NYSE: NRGV) f/k/a Novus Capital Corporation II (NYSE: NXU) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in Energy Vault Holdings, Inc. with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - July 29, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Energy Vault Holdings, Inc. ("Energy Vault" or "the Company") (NYSE: NRGV) f/k/a Novus Capital Corporation II (NYSE: NXU) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in Energy Vault Holdings, Inc. with Losses of $100,000 to Contact the Firm

RADNOR, Pa.--(BUSINESS WIRE)--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Energy Vault Holdings, Inc. (NYSE: NRGV) f/k/a Novus Capital Corporation II (NYSE: NXU) (“Energy Vault”). On July 21, 2022, shares of Energy Vault fell over 6% after Culper Research issued a report that calls into serious question the business and operations of the company. If you are an Energ

Investigation Alert: Kessler Topaz Meltzer & Check, LLP is Investigating Securities Fraud Claims on Behalf of Investors of Energy Vault Holdings, Inc. (NYSE: NRGV) f/k/a Novus Capital Corporation II (NYSE: NXU)

INDIANAPOLIS & LUGANO, Switzerland & WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Novus Capital Corporation II (NYSE: NXU, NXU WS and NXU.U) (“Novus”) today announced the completion of its business combination with Energy Vault, Inc. (“Energy Vault”), the company developing sustainable, grid-scale energy storage solutions. In connection with the completion of the business combination, Novus has been renamed Energy Vault Holdings, Inc. (the “Company”) and its common stock and warrants are expected

Novus Capital Corporation II and Energy Vault, Inc. Announce Completion of Business Combination, Establishing Public Sustainable, Grid-scale Energy Storage Solutions Provider

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