Nxu, Inc. Files S-1 Registration Statement
Ticker: NXUR · Form: S-1 · Filed: Dec 30, 2024 · CIK: 1722969
Sentiment: neutral
Topics: s-1, registration-statement, sec-filing
TL;DR
Nxu, Inc. (formerly Atlis Motor Vehicles) just filed an S-1, get ready for a potential stock event.
AI Summary
Nxu, Inc. filed an S-1 registration statement with the SEC on December 30, 2024, to register securities. The company, formerly known as Atlis Motor Vehicles Inc. until November 16, 2017, is incorporated in Delaware and headquartered in Mesa, Arizona. Nxu, Inc. operates in the truck and bus bodies industry.
Why It Matters
This S-1 filing indicates Nxu, Inc. is preparing to offer securities to the public, which could signal a future stock offering or other capital-raising activities.
Risk Assessment
Risk Level: medium — S-1 filings are often precursors to public offerings, which carry inherent market and execution risks.
Key Numbers
- 333-284086 — SEC File Number (Identifies the specific SEC registration)
- 0001722969 — Central Index Key (Unique identifier for Nxu, Inc. in SEC filings)
Key Players & Entities
- Nxu, Inc. (company) — Registrant
- Atlis Motor Vehicles Inc. (company) — Former company name
- December 30, 2024 (date) — Filing date
- Mark Hanchett (person) — Chief Executive Officer
- Michael M. Donahey (person) — Legal counsel
- Eileen K. Vernon (person) — Legal counsel
- Snell & Wilmer L.L.P. (company) — Legal counsel
FAQ
What is the purpose of this S-1 filing?
The S-1 filing is a registration statement required by the SEC for companies planning to offer securities to the public.
When was Nxu, Inc. formerly known as?
Nxu, Inc. was formerly known as Atlis Motor Vehicles Inc. until November 16, 2017.
Where is Nxu, Inc. headquartered?
Nxu, Inc. is headquartered at 1828 N Higley Rd., Suite 116, Mesa, Arizona 85205.
Who is the CEO of Nxu, Inc.?
Mark Hanchett is the Chief Executive Officer of Nxu, Inc.
What industry does Nxu, Inc. operate in?
Nxu, Inc. operates in the Truck & Bus Bodies industry, with SIC code 3713.
Filing Stats: 4,483 words · 18 min read · ~15 pages · Grade level 15.5 · Accepted 2024-12-30 16:12:27
Key Financial Figures
- $0.0001 — e Company’s Class A common stock, $0.0001 par value per share (“Class A com
- $3,000,000 — the Private Placement was approximately $3,000,000. We will not receive any proceeds from
- $0.50 — es A Warrants have an exercise price of $0.50 per share, subject to adjustment. In ad
- $0.262 — common stock as reported on Nasdaq was $0.262 per share. We urge prospective purchase
- $306.9 m — egate enterprise value of approximately $306.9 million, and Nxu’s aggregate enterp
- $16.2 million — ill be an amount equal to approximately $16.2 million less an amount equal to the excess of c
- $16.2 m — egate enterprise value is approximately $16.2 million, pre-Merger Verde stockholders wi
Filing Documents
- ea0226148-s1_nxuinc.htm (S-1) — 1348KB
- ea022614801ex5-1_nxuinc.htm (EX-5.1) — 20KB
- ea022614801ex10-33_nxuinc.htm (EX-10.33) — 79KB
- ea022614801ex10-34_nxuinc.htm (EX-10.34) — 74KB
- ea022614801ex23-1_nxuinc.htm (EX-23.1) — 2KB
- ea022614801ex23-2_nxuinc.htm (EX-23.2) — 3KB
- ea022614801ex-fee_nxuinc.htm (EX-FILING FEES) — 47KB
- image_001.jpg (GRAPHIC) — 3KB
- ex5-1_001.jpg (GRAPHIC) — 3KB
- 0001213900-24-113485.txt ( ) — 1583KB
RISK FACTORS
RISK FACTORS 7 THE PRIVATE PLACEMENT 35
USE OF PROCEEDS
USE OF PROCEEDS 38 SECURITIES MARKET INFORMATION 38 UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS 39 NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL 43
DESCRIPTION OF SECURITIES
DESCRIPTION OF SECURITIES 48
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 53 SELLING STOCKHOLDERS 54 PLAN OF DISTRIBUTION 56 LEGAL MATTERS 58 EXPERTS 58 WHERE YOU CAN FIND ADDITIONAL INFORMATION 58 INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE 59 INDEX TO FINANCIAL STATEMENTS F-1 The registration statement containing this prospectus, including the exhibits to the registration statement, provides additional information about us and the Class A common stock offered under this prospectus. The registration statement, including the exhibits, can be read on our website and the website of the Securities and Exchange Commission. See “Where You Can Find More Information.” Information contained in, and that can be accessed through our website, www.nxuenergy.com, shall not be deemed to be part of this prospectus or incorporated herein by reference and should not be relied upon by any prospective investors for the purposes of determining whether to purchase the Class A common stock offered hereunder. Please read this prospectus carefully. We have prepared this prospectus so that you will have the information necessary to make an informed investment decision. You should rely only on the information contained in this prospectus or to which we have referred you. We have not authorized any person to provide you with additional information or different information. We take no responsibility for, and can provide no assurance as to the reliability of, any information that others may give you. This prospectus may only be used where it is legal to offer and sell the securities described herein and only during the effectiveness of the registration statement of which this prospectus forms a part. You should assume the information contained in this prospectus is accurate only as of the date on the front cover of this prospectus, regardless of the time of delivery of this prospectus or of any sale of our Class A common stock. Neither the delivery of this prosp