Nuvve Announces Closing of Private Placement Series A Preferred Stock and Warrants
Nuvve Nuvve (US:NVVE) Businesswire·2026-01-01 05:10

In the Private Placement, Nuvve issued an aggregate of 6,000 shares of Series A Preferred Stock to certain institutional investors at a purchase price of 900.00pershare,representinganoriginalissuediscountof10900.00 per share, representing an original issue discount of 10% of the 1,000 stated value of each share. The Series A Preferred Stock are convertible into shares of Nuvve's common stock at an initial conversion price of $2.367 per share, which represented a 10% discount to the closing price of Nuvve's common stock immediately prior to the closing of the ...