Nuvve raises $4.5M via convertible preferred & warrants; up to $50M additional capacity

Nuvve Holding Corp.

Issues 5,000 Series A Convertible Preferred shares ($5M stated value) at $4.5M purchase price; 8% dividend rising to 18% on trigger events.
Preferred converts at 90% of closing price; warrants exercisable at 135% of closing price, 5-year term, full ratchet price protection.
Additional investment right lets purchasers buy up to $25M more preferred/AIR warrants; ELOC provides up to $25M common stock sales.
Closing conditioned on shareholder approval by Dec 31, 2025; ELOC includes pre-funded warrant for 2,221,235 shares as commitment fee.
Proceeds for working capital; registration rights require filing within 15 days, liquidated damages of 1.5% if missed.

item 1.01 item 3.02 item 3.03 item 5.03 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.