Nuvve Holding Strengthens Capital with Private Placement

Nuvve Holding ( (NVVE) ) has issued an update.

Nuvve Holding Corp. has announced a private placement deal, issuing $3.75 million in senior convertible notes and warrants to investors, including its CEO Gregory Poilasne. The notes, bearing 8% annual interest, are convertible into shares at a discounted rate and accompanied by warrants exercisable over five years. This move is designed to bolster Nuvve’s working capital and corporate initiatives, as the company continues to advance its vehicle-to-grid technology platform, promoting sustainable energy solutions.

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