Nuvve Holding Corp. (NVVE): Nasdaq/NYSE listing notice — Nuvve receives Nasdaq notice: bid price below $1.00 for 30 consecutive days

Nuvve Holding Corp.

Nasdaq notified Nuvve that its common stock bid price closed below $1.00 for 30 consecutive business days, violating Rule 5550(a)(2).
Company has 180 calendar days, until October 11, 2023, to regain compliance by closing at $1.00 for at least 10 consecutive business days.
If not compliant by Oct 11, Nuvve may be eligible for an additional 180-day period if it meets other listing standards and notifies Nasdaq.
Failure to regain compliance could lead to delisting, subject to appeal to a Nasdaq Hearing Panel.
Common stock continues trading on Nasdaq Capital Market under symbol NVVE; company is evaluating options to cure deficiency.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Nuvve Holding Corp. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

April 14, 2023, Nuvve Holding Corp. (the “Company”) received written notice from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that, for the preceding 30 consecutive business days, the bid price of the Company’s common stock has closed below the minimum $1.00 per share requirement for continued inclusion under Nasdaq Marketplace Rule 5550(a)(2) (the “Bid Price Rule”). The notice has no immediate effect on the listing or trading of the Company's common stock and the common stock will continue to trade on The Nasdaq Capital Market under the sym

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Nuvve Holding Corp. filing history →

Source: SEC EDGAR

accession 0001836875-23-000074

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