Stockholders approve reverse stock split; Board implements 1-for-40 split

Nuvve Holding Corp.

Stockholders voted 22,872,722 for and 2,534,862 against a reverse split authorization.
Board approved a one-for-forty reverse stock split on January 5, 2024.
Reverse split ratio range was between 1:2 and 1:40, with discretion given to the Board.
No other matters were submitted for stockholder action at the special meeting.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Nuvve Holding Corp. shareholders approved Authorization to amend certificate of incorporation to effect a reverse stock split at ratio between 1:2 and 1:40 at the 2024-01-05 meeting.

Proposal: reverse split
Outcome: passed
Meeting: 2024-01-05

Exact text from the filing

Proposal 1-Amendment Proposal FOR AGAINST ABSTENTIONS/ WITHHELD BROKER NON-VOTES 22,872,722 2,534,862 156,061 - The Company’s stockholders approved a proposal to authorize the Company’s Board of Directors (the “Board”) to amend the Company’s Amended and Restated Certificate of Incorporation to effect a reverse stock split at a ratio between one-for-two (1:2) and one-for-forty (1:40), inclusive, as determined by the Board in its discretion.

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Nuvve Holding Corp. filing history →

Source: SEC EDGAR

accession 0001836875-24-000004

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