Atlis Motor Vehicles (NASDAQ: AMV), an emerging electric vehicle company specializing in battery technology, announced Thursday that the Arizona company will host a special shareholder meeting on Tuesday, May 9, 2023 to seek shareholder approval on restructuring the company to a holding company with Nxu, Inc.
Upon approval, Atlis will become a subsidiary under Nxu. The company also seeks approval of a new omnibus incentive plan.
AMV stockholders can attend the special meeting online and vote electronically.
Shares of AMV are down 1.01% in pre-market trading on Thursday.
By Michael Elkins | [email protected]
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