secwatch.observer — SEC 8-K summary
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Issuer:     Nuvve Holding Corp. (NVVE)
CIK:        0001836875
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001836875-25-000092
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuvve acquires Fermata Energy assets for $659K; expects $2M annual cost savings
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- Total purchase price ~$659k, consisting of ~$340k cash and assumed liabilities; closed April 25, 2025.
- Fermata 2.0 subsidiary issued 4.9M convertible preferred units to Fermata's former debt holders.
- Expects ~$2M annual expense reduction from consolidating software teams and AWS infrastructure.
- Combined V2G platform expands IP portfolio, U.S.-built hardware, and regulatory tailwinds from IRA and state incentives.
- Fermata 2.0 jointly led by CEO Gregory Poilasne and COO Hamza Lemsaddek; key Fermata team members join.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836875/000183687525000092/0001836875-25-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836875/000183687525000092/nvve-20250425.htm
  HTML page:      https://secwatch.observer/filing/0001836875-25-000092

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