Nuvve Holding Corp. (NVVE): debt financing — Nuvve issues $4.17M convertible notes (10% OID) and warrants at $0.78 conversion price

Nuvve Holding Corp.

Gross proceeds of $3.75M from issuance of $4.17M principal amount of 8% senior convertible notes due 18 months.
Notes and warrants convertible at $0.78/share, subject to full ratchet antidilution with $0.528 floor price.
Monthly installments begin July 31, 2025; payable cash or stock if equity conditions met.
Warrants exercisable for 100% of underlying shares, expire in 5 years; interest rises to 18% upon default.
Net proceeds intended for working capital and general corporate purposes.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Nuvve Holding Corp. incurred convertible notes of $4,166,666.67 principal amount with certain accredited institutional and individual investors at 8.0% per annum maturing 18 months from the date of issuance.

Instrument: convertible notes
Principal: $4,166,666.67 principal amount
Counterparty: certain accredited institutional and individual investors
Rate: 8.0% per annum
Maturity: 18 months from the date of issuance
Event: incurrence

Exact text from the filing

on May 30, 2025, the Company issued to certain Investors (i) an aggregate of $4,166,666.67 principal amount (the “Principal Amount”) senior convertible promissory notes, carrying a 10% original issue discount (each, an “Additional Note” and, collectively, the “Additional Notes”), convertible into shares of Common Stock

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12 debt financings filed in the last 30 days. Browse all debt financings →

Nuvve Holding Corp. filing history →

Source: SEC EDGAR

accession 0001836875-25-000107

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