---
schema_version: "secwatch.filing_event.v1"
accession: "0001836875-24-000026"
form_type: "8-K"
ticker: "NVVE"
cik: "0001836875"
company_name: "Nuvve Holding Corp."
filed_at: "2024-02-07T23:59:59+00:00"
generated_at: "2026-06-06T07:15:39.571292+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nuvve settles Rhombus arbitration for $2.86M; regains Nasdaq bid price compliance

## Summary
- Agreed to pay Rhombus $0.46M within 15 days for initial V2G chargers; $2.4M for additional chargers upon shipment.
- 50% of $2.4M due within 12 months, remainder within 24 months; all claims released and dismissed.
- Regained compliance with Nasdaq minimum bid price rule after 10 consecutive business days above $1.00.
- Nasdaq notified compliance on Feb 5, 2024, resolving prior delisting risk from bid price deficiency.

## SEC filing metadata
- accession: 0001836875-24-000026
- form_type: 8-K
- ticker: NVVE
- cik: 0001836875
- company_name: Nuvve Holding Corp.
- filed_at: 2024-02-07T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836875/000183687524000026/0001836875-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836875/000183687524000026/nvve-20240202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001836875-24-000026
- JSON: https://secwatch.observer/filing/0001836875-24-000026.json
- Plain text: https://secwatch.observer/filing/0001836875-24-000026.txt

## Key facts
- Material Agreements
  Nuvve Holding Corp. entered into Settlement Agreement with Rhombus Energy Solutions, Inc., a BorgWarner Company valued at approximately $0.46 million (effective 2024-02-02).
  - Action: entry
  - Agreement: settlement
  - Counterparty: Rhombus Energy Solutions, Inc., a BorgWarner Company
  - Value: approximately $0.46 million
  - Effective: 2024-02-02
  source text: On February 2, 2024 (the “Effective Date”), the Company and Rhombus entered into a settlement and release agreement (the “Settlement Agreement”) pursuant to which, among other things, the Company agreed to pay Rhombus approximately $0.46 million for certain initial V2G Chargers within 15 days from the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836875/000183687524000026/0001836875-24-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.