secwatch.observer — SEC 8-K summary
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Issuer:     Nuvve Holding Corp. (NVVE)
CIK:        0001836875
Form:       8-K
Filed at:   2025-03-11T23:59:59+00:00
Accession:  0001836875-25-000057
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuvve issues $1.67M additional convertible notes (10% OID) and warrants at $2.02/sh, net proceeds $1.5M
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- Principal amount $1,666,666.67; 10% original-issue discount; net proceeds $1.5M for working capital.
- Notes bear 8% interest (18% on default), mature in 18 months, extendable 6 months if conditions met.
- Conversion price $2.02/sh with full ratchet anti-dilution; floor $0.404.
- Warrants at $2.02/sh for up to 100% of underlying shares, exercisable for 5 years, cashless allowed.
- Monthly installments start Apr 30, 2025; payable in cash or stock if equity conditions satisfied.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836875/000183687525000057/0001836875-25-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836875/000183687525000057/nvve-20250305.htm
  HTML page:      https://secwatch.observer/filing/0001836875-25-000057

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer