other material
confidence high
sentiment neutral
materiality 0.60
Nuvve prices $9.6M underwritten public offering of common stock and warrants
Nuvve Holding Corp.
- Gross proceeds of ~$9.6M before underwriting discounts and expenses.
- Offering includes 4.8M shares (or pre-funded warrants), plus Series A, B, and C warrants exercisable at $2.00.
- Series A and C warrants have 5-year terms; Series B warrants have 9-month term.
- Combined price per share and accompanying warrants is $2.00.
- Closing expected on Feb 2, 2024; Craig-Hallum is sole underwriter.