other material
confidence high
sentiment neutral
materiality 0.50
Nuvve shareholders approve reverse stock split range of 1:2 to 1:40
Nuvve Holding Corp.
- Stockholders approved amendment to certificate of incorporation for reverse stock split at ratio determined by board between 1:2 and 1:40.
- Votes: 6,100,498 for, 1,397,702 against, 44,092 abstain; 7,542,292 shares (37.81%) present at October 6, 2025 special meeting.
- Adjournment proposal not submitted due to sufficient votes for the reverse split proposal.
- Board retains discretion to set exact ratio and timing of the reverse stock split.