secwatch.observer — SEC 8-K summary
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Issuer:     Nuvve Holding Corp. (NVVE)
CIK:        0001836875
Form:       8-K
Filed at:   2025-06-05T23:59:59+00:00
Accession:  0001836875-25-000107
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuvve issues $4.17M convertible notes (10% OID) and warrants at $0.78 conversion price
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836875/000183687525000107/0001836875-25-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836875/000183687525000107/nvve-20250530.htm
  HTML page:      https://secwatch.observer/filing/0001836875-25-000107

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