Nuvve Holding Corp. Files 8-K on Security Holder Rights
Ticker: NVVEW · Form: 8-K · Filed: Sep 17, 2024 · CIK: 1836875
| Field | Detail |
|---|---|
| Company | Nuvve Holding CORP. (NVVEW) |
| Form Type | 8-K |
| Filed Date | Sep 17, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, filing-update
TL;DR
Nuvve Holding Corp. filed an 8-K on Sept 16, 2024, detailing changes to security holder rights and corporate bylaws.
AI Summary
Nuvve Holding Corp. filed an 8-K on September 17, 2024, reporting material modifications to the rights of security holders and amendments to its articles of incorporation or bylaws. The filing also includes financial statements and exhibits. The company, incorporated in Delaware, is involved in the power, distribution & specialty transformers industry.
Why It Matters
This 8-K filing indicates potential changes affecting Nuvve Holding Corp.'s shareholders and corporate structure, requiring investor attention.
Risk Assessment
Risk Level: medium — Filings related to modifications of security holder rights and amendments to corporate bylaws can signal significant corporate events that may impact stock value.
Key Players & Entities
- Nuvve Holding Corp. (company) — Registrant
- September 16, 2024 (date) — Date of earliest event reported
- September 17, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- San Diego, California (location) — Business Address City, State
FAQ
What specific modifications were made to the rights of Nuvve Holding Corp.'s security holders?
The filing indicates 'Material Modifications to Rights of Security Holders' as an item information, but the specific details of these modifications are not provided in the excerpt.
What amendments were made to Nuvve Holding Corp.'s articles of incorporation or bylaws?
The filing lists 'Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year' as an item information, but the specific amendments are not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 16, 2024.
What is Nuvve Holding Corp.'s primary business classification according to the SIC code?
Nuvve Holding Corp. is classified under SIC code 3612, which corresponds to 'POWER, DISTRIBUTION & SPECIALTY TRANSFORMERS'.
What is Nuvve Holding Corp.'s fiscal year end?
Nuvve Holding Corp.'s fiscal year ends on December 31.
Filing Stats: 887 words · 4 min read · ~3 pages · Grade level 10.3 · Accepted 2024-09-17 17:13:57
Key Financial Figures
- $0.0001 — ich registered Common Stock, Par Value $0.0001 Per Share NVVE The Nasdaq Stock Market
Filing Documents
- nvve-20240916.htm (8-K) — 37KB
- nvve-exx31xcertificateofam.htm (EX-3.1) — 13KB
- 0001836875-24-000083.txt ( ) — 221KB
- nvve-20240916.xsd (EX-101.SCH) — 2KB
- nvve-20240916_def.xml (EX-101.DEF) — 16KB
- nvve-20240916_lab.xml (EX-101.LAB) — 28KB
- nvve-20240916_pre.xml (EX-101.PRE) — 17KB
- nvve-20240916_htm.xml (XML) — 4KB
03. Material Modifications to Rights of Security Holders
Item 3.03. Material Modifications to Rights of Security Holders. To the extent required by Item 3.03 of Form 8-K, the information contained in Item 5.03 of this Current Report on Form 8-K is incorporated herein by reference.
03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On September 16, 2024 , Nuvve Holding Corp. (the "Company") filed a Certificate of Amendment (the "Certificate of Amendment") to the Amended and Restated Certificate of Incorporation of the Company with the Secretary of State of the State of Delaware to effect a reverse stock split of the Company's common stock, par value $0.0001 per share (the "Common Stock"), at a ratio of 1-for-10 (the "Reverse Stock Split"). The Certificate of Amendment provided that the Reverse Stock Split became effective as of 5:00 P.M. Eastern Time on September 16, 2024 (the "Effective Time"), at which time every ten (10) shares of issued and outstanding Common Stock were automatically combined into one (1) issued and outstanding share of Common Stock, without any change in the par value per share. The Certificate of Amendment provides that in the event a stockholder would otherwise be entitled to receive a fraction of a share of Common Stock, such stockholder shall receive one whole share of Common Stock in lieu of such fractional share and no fractional shares shall be issued. Trading of the Common Stock on the Nasdaq Capital Market on a split-adjusted basis commenced at market open on September 17, 2024. The new CUSIP number for the Common Stock following the reverse stock split is 67079Y308. As a result of the Reverse Stock Split, the issued and outstanding shares of Common Stock were decreased from approximately 6.5 million pre-split shares to approximately 0.7 million post-split shares. The Reverse Stock Split did not change the number of authorized shares of the Common Stock. The Reverse Stock Split will apply to the Company's outstanding warrants, stock options and restricted stock units. The number of shares of Common Stock into which these outstanding securities are convertible or exercisable will be adjusted proportionately as a result of the Reverse Stock Split. The exercise prices of an
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 3.1 Certificate of Amendment to Amended and Restated Certificate of Incorporation of Nuvve Holdings Corp. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: September 17, 2024 NUVVE HOLDING CORP. By: /s/ Gregory Poilasne Gregory Poilasne Chief Executive Officer 2