secwatch.observer — SEC 8-K summary
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Issuer:     Nuvve Holding Corp. (NVVE)
CIK:        0001836875
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001836875-25-000116
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuvve enters asset management deal with DeFi Technologies for HYPE crypto strategy
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- Nuvve hired DeFi Technologies to manage its crypto treasury with at least $3M initial allocation.
- Strategy is long-only in HYPE, the native token of Hyperliquid network, including staking.
- First-year fees: greater of $150k per quarter or 1.50% of Account Assets; subsequent quarterly fee 0.50%.
- Board approved allocating up to 100% of Nuvve's crypto portfolio to HYPE.
- Early termination fee is the greater of 5x trailing 12-month management fees or $1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836875/000183687525000116/0001836875-25-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836875/000183687525000116/nvve-20250720.htm
  HTML page:      https://secwatch.observer/filing/0001836875-25-000116

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