DelistingJul 23, 2026, 12:46 PM
Nuvve Holding Corp. to be Delisted from Nasdaq
AI Summary
Nuvve Holding Corp. received a delisting determination from The Nasdaq Stock Market LLC, effective July 24, 2026. The decision stems from the company's failure to comply with Nasdaq's Periodic Reporting Rule, $1.00 bid price requirement, and $2,500,000 stockholders' equity requirement. Nuvve is considering an appeal and expects its common stock to begin trading on the Pink Limited Information Tier of the OTC Markets system.
Key Highlights
- Nasdaq determined to delist Nuvve's common stock effective July 24, 2026.
- Delisting due to non-compliance with Periodic Reporting Rule (Form 10-Q for Q1 2026).
- Also failed to meet $1.00 bid price requirement (Bid Price Rule).
- Did not satisfy $2,500,000 stockholders' equity requirement (Equity Rule).
- Company considering appeal to Nasdaq Listing and Hearing Review Council.
- Common stock expected to trade on Pink Limited Information Tier of OTC Markets under 'NVVE'.
- Company intends to apply for OTCID and subsequently OTCQB tiers.
Price Impact
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