secwatch / observer
8-K filed October 27, 2023, 7:59 PM ET ticker NVVE CIK 0001836875
other material confidence high sentiment negative materiality 0.80

Nuvve raises $2.07M in direct offering at $0.15/share; dilutes existing holders

Nuvve Holding Corp.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Nuvve Holding Corp. entered into Placement Agent Agreement with Aegis Capital Corp. (effective 2023-10-25).

Action
entry
Agreement
underwriting
Counterparty
Aegis Capital Corp.
Effective
2023-10-25
Exact text from the filing
On October 25, 2023, the Company also entered into a placement agent agreement (the “ Placement Agent Agreement ”) with Aegis Capital Corp. (the “ Placement Agent ”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Nuvve Holding Corp. entered into Purchase Agreement with purchasers named on the signature page thereto valued at aggregate gross proceeds to the Company from the Offering were approximately $2.07 million (effective 2023-10-25).

Action
entry
Agreement
equity purchase
Counterparty
purchasers named on the signature page thereto
Value
aggregate gross proceeds to the Company from the Offering were approximately $2.07 million
Effective
2023-10-25
Exact text from the filing
On October 25, 2023, Nuvve Holding Corp., a Delaware corporation (the “ Company ”), entered into a securities purchase agreement (the “ Purchase Agreement ”) with the purchasers named on the signature page thereto (the “ Purchasers ”), which provides for the sale and issuance by the Company in a registered direct offering (the “ Offering ”) of an aggregate of (i) 4,366,092 shares of the Company’s common stock, $0.0001 par value per share (the “ Common Stock ”), at a purchase price of $0.15 per share (the “ Shares ”), and (ii) pre-funded warrants to purchase up to 9,406,848 shares of Common Stock at a purchase price of $0.1499 per pre-funded warrant (the “ Pre-Funded Warrants ” and, together with the Shares, the “ Securities ”), which represents the per share price for the Shares less the exercise price of $0.0001 per share.
View on SEC.gov

38 material agreements filed in the last 30 days. Browse all material agreements →

Nuvve Holding Corp. filing history →

Source: SEC EDGAR
accession 0001013762-23-007313
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