other material
confidence high
sentiment neutral
materiality 0.55
Nuvve stockholders approve reverse stock split and Omnia share issuance
Nuvve Holding Corp.
- Stockholders approved reverse stock split of common stock in range 1-for-2 to 1-for-40; ratio to be set by board.
- Proposal to issue shares in excess of 19.99% of outstanding common stock under Omnia Venture Agreements approved.
- Reverse stock split votes: 3,281,872 for, 181,886 against, 4,993 abstain; Omnia issuance: 3,297,412 for, 144,972 against, 26,367 abstain.
- Special Meeting reconvened after previous adjournments for lack of quorum; quorum achieved with 36.73% of eligible shares.