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Nuvve Announces Closing of Private Placement Series A Preferred Stock and Warrants
Businesswire· 2025-12-31 21:10
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 $900.00 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 ...