---
title: "Nuvve Holding Corp. Prices $9.6M Public Offering"
url: https://burnaze.com/article/053001bd-33c0-48fd-8c3a-e27e4856fbdc
source: "Franchise Magazine USA"
original_url: https://franchisemagazineusa.com/nuvve-holding-corp-prices-9-6m-public-offering/
category: "Finance"
topics: ["Finance & M&A"]
published: 2024-01-31T14:19:14.000Z
modified: 2026-11-01T01:04:32.810Z
image: https://images.unsplash.com/photo-1611974789855-9c2a0a7236a3?w=1600&q=80&auto=format&fit=crop
---

# Nuvve Holding Corp. Prices $9.6M Public Offering

**TL;DR:** Nuvve Holding Corp. priced a $9.6M public offering on January 31, 2024, covering shares of common stock and warrants. The offering is expected to close on or around February 2, 2024, contingent upon standard closing conditions.

*originally published in Franchise Magazine USA on 2024-01-31. [Read the original](https://franchisemagazineusa.com/nuvve-holding-corp-prices-9-6m-public-offering/).*

## Story

Universal power supply organization NUVVE announced an underwritten public offering adding up to approximately $9.6 million before deducting any discounts and offering expenses on January 31, 2024, covering (i) 4,800,000 shares of common stock (or pre-funded warrants in lieu thereof), (ii) 4,800,000 Series A Warrants with an initial exercise price of $2.00 per share and a term of five years following the issuance date, (iii) 4,800,000 Series B Warrants with an exercise price of $2.

00 per share, and a term of nine months following the issuance date, and (iv) 4,800,000 Series C Warrants with an exercise price of $2.00 per share and a term of five years following the issuance date, subject to early expiration as described below.

The closing of the offering is anticipated to take place on or around February 2, 2024, contingent upon the fulfillment or waiver of standard closing conditions, managed through Craig-Hallum as the sole underwriter.

The securities were offered pursuant to a registration statement on Form S-1 (File No. 333-276415), which was declared effective by the United States Securities and Exchange Commission (“SEC”) on January 31, 2024.

The transaction is not an offer to sell or the solicitation of an offer to buy. No sales of these securities will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The offering is being made solely by means of a prospectus.

Nuve Holding Corp. is a global leader in vehicle-to-grid (V2G) technology serving the mission-critical needs of commercial fleets. Nuvve is headquartered in San Diego, Calif., USA. To learn more about the value of V2G, futureproofing EV infrastructure, and using EVs for grid resilience, visit nuvve.com.

Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements.” The uncertain nature contributes to the forward-looking statements. The company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

## Entities

- General (sector)
- Franchise Magazine USA (publication)
- finance (topic)
- public offering (topic)
- United States Securities and Exchange Commission (regulator)
- vehicle-to-grid technology (topic)

---
Originally reported by Franchise Magazine USA (https://franchisemagazineusa.com/nuvve-holding-corp-prices-9-6m-public-offering/). Summarized by Burnaze (https://burnaze.com/article/053001bd-33c0-48fd-8c3a-e27e4856fbdc).
