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$Nuvve (NVVE.US)$ Press Release: Nuvve Announces Private Placement of Senior Convertible Notes and Warrants
Dow Jones· 4 mins ago
Nuvve Announces Private Placement of Senior Convertible Notes and Warrants
PR Newswire
SAN DIEGO, Oct. 31, 2024
SAN DIEGO, Oct. 31, 2024 /PRNewswire/ -- Nuvve Holding Corp. ("Nuvve" or the "Company") (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provides other grid services, today announced that it entered into a definitive agreement with certain institutional and individual accredited investors (the "Investors"), in which it issued an aggregate of $3,750,000.01 principal amount of senior convertible notes with an original issue discount of 10% (the "Notes") and accompanying warrants ("Warrants") to purchase shares of its common stock (the "Private Placement"). The Private Placement closed on October 31, 2024, and resulted in gross proceeds to the Company before expenses of $3,375,000.01.
Nuvve's Chief Executive Officer, Gregory Poilasne, participated as an Investor in the Private Placement for a total investment of $250,000.
Dow Jones· 4 mins ago
Nuvve Announces Private Placement of Senior Convertible Notes and Warrants
PR Newswire
SAN DIEGO, Oct. 31, 2024
SAN DIEGO, Oct. 31, 2024 /PRNewswire/ -- Nuvve Holding Corp. ("Nuvve" or the "Company") (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provides other grid services, today announced that it entered into a definitive agreement with certain institutional and individual accredited investors (the "Investors"), in which it issued an aggregate of $3,750,000.01 principal amount of senior convertible notes with an original issue discount of 10% (the "Notes") and accompanying warrants ("Warrants") to purchase shares of its common stock (the "Private Placement"). The Private Placement closed on October 31, 2024, and resulted in gross proceeds to the Company before expenses of $3,375,000.01.
Nuvve's Chief Executive Officer, Gregory Poilasne, participated as an Investor in the Private Placement for a total investment of $250,000.
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