Nxu Inc (NXU)

Nxu Inc Stock (NXU) dropped by 35.65% from $0.069 to $0.0444 in the trading on Thursday October 19, 2023. The reason why NXU stock down today is due to the Public Offering. The company today announced the pricing of a public offering of 86,000,000 shares of Class A common stock at a public offering price of $0.035 per share. The gross proceeds of the offering to the Company, before deducting placement agent fees and commissions and other offering expenses, are expected to be approximately $3.0 million.