---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-007313"
form_type: "8-K"
ticker: "NVVE"
cik: "0001836875"
company_name: "Nuvve Holding Corp."
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T07:16:03.023804+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Gross proceeds $2.066M from sale of 4,366,092 shares and pre-funded warrants for 9,406,848 shares at $0.15/unit.
- Single institutional investor purchased all securities; pre-funded warrants exercisable at $0.0001/share.
- Aegis Capital Corp. acted as placement agent, receiving 6% cash fee on gross proceeds.
- Offering closed Oct 27, 2023; proceeds for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001013762-23-007313
- form_type: 8-K
- ticker: NVVE
- cik: 0001836875
- company_name: Nuvve Holding Corp.
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836875/000101376223007313/0001013762-23-007313-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836875/000101376223007313/ea187368-8k_nuvvehold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-007313
- JSON: https://secwatch.observer/filing/0001013762-23-007313.json
- Plain text: https://secwatch.observer/filing/0001013762-23-007313.txt

## Key facts
- Material Agreements
  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
  source text: On October 25, 2023, the Company also entered into a placement agent agreement (the “ Placement Agent Agreement ”) with Aegis Capital Corp. (the “ Placement Agent ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836875/000101376223007313/0001013762-23-007313-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836875/000101376223007313/0001013762-23-007313-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.