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Nxu Inc., Verde Bioresins enter merger agreement for all-stock transaction

By Yahoo! Finance   |   Oct 25, 2024 at 09:35 AM EST
Nxu Inc., Verde Bioresins enter merger agreement for all-stock transaction

Nxu is acquiring Verde Bioresins in an all-stock merger to create Verde Bioresins, Corp. with a focus on PolyEarthylene bioresin. Verde's shareholders will own 95% of the combined company, listed on Nasdaq as "VRDE".

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