Nuvve Holding Corp. [NVVE] - equity issuance
Nuvve Holding Corp. (NVVE) has filed for an equity issuance, with no specific terms or amounts disclosed in the filing excerpt.
Why this matters
Nuvve Holding Corp., incorporated in Delaware, operates within the miscellaneous electrical machinery, equipment, and supplies industry, focusing on technologies related to electric vehicle charging and grid services. The company has filed for an equity issuance, although specific terms and amounts have not been disclosed in the filing excerpt. This action is connected to the reduction of the exercise price, leading investors to exercise a total of 253,954 outstanding AIR warrants, resulting in gross proceeds of approximately $253,954 for Nuvve. The resale of shares from this exercise has been registered under the company's effective registration statement on Form S-1.