other material
confidence high
sentiment negative
materiality 0.75
Nuvve Holding Corp. (NVVE): Nasdaq/NYSE listing notice — Nuvve receives Nasdaq delisting notice for bid price below $1.00; 180-day cure period
Nuvve Holding Corp.
- Nasdaq notified Nuvve on Dec 14, 2022 that stock bid price closed below $1.00 for 30 consecutive business days.
- Company has 180 days, until June 12, 2023, to regain compliance by closing at $1.00 for 10 consecutive days.
- If not compliant by June 2023, Nuvve may be eligible for an additional 180-day period if it meets other listing standards.
- 2022 annual meeting on Dec 19 lacked quorum; adjourned to Dec 28, 2022 at 4:00 PM ET via virtual webcast.