Brief: Nxu Executes Strategic Partnership And Investment In Lynx Motors

NXU

27/12/2023 17:37

Dec 27 (Reuters) - NXU Inc.  NXU.O :
    * NXU EXECUTES STRATEGIC PARTNERSHIP AND INVESTMENT IN LYNX
MOTORS
    * NXU INC. -  FINANCIAL IMPACT OF TRANSACTION RESULTS IN AN
INCREASE IN NXU'S SHAREHOLDER EQUITY
    * NXU INC.: NXU'S INVESTMENT IS STRUCTURED AS A SHARE
EXCHANGE,
WHEREBY $3 MILLION IN NXU SHARES WILL BE EXCHANGED FOR $3
MILLION IN LYNX SHARES
    * NXU INC. - DEAL HELPS ENSURE NXU CAN ACHIEVE & MAINTAIN
NASDAQ'S
CONTINUED LISTING STANDARDS BY & BEYOND NASDAQ'S EXTENSION
DEADLINE OF APRIL 7, 2024

Source text for Eikon:  ID:nGNX7dSr1Z 
Further company coverage:  NXU.O 

 ((Reuters.Briefs@thomsonreuters.com;))