Business UpdateJul 21, 2026, 04:47 PM
Nuvve Terminates Warrant Exchange and Registration Rights Agreements
AI Summary
Nuvve Holding Corp. announced the termination of its Securities Exchange and Omnibus Amendment Agreement and the Registration Rights Agreement, both effective May 12, 2026. As a result, the previously contemplated exchange of 13,107,127 warrants for common stock or pre-funded warrants will not take place. Additionally, several related amendments and terminations, including the Certificate of Designation Amendment to remove the Series A Preferred Stock's Floor Price, the termination of Additional Investment Rights, and the termination of the ELOC Agreement, are no longer expected to occur.
Key Highlights
- Nuvve terminated the Securities Exchange and Omnibus Amendment Agreement.
- Nuvve also terminated the Registration Rights Agreement, both dated May 12, 2026.
- The planned exchange of 13,107,127 shares of common stock or pre-funded warrants will no longer occur.
- The Certificate of Designation Amendment to remove the Series A Preferred Stock Floor Price will not proceed.
- The termination of the 2024 and 2025 Additional Investment Rights will not take effect.
- The termination of the ELOC Agreement will not occur as previously anticipated.
- The amendment to the Securities Purchase Agreement will no longer occur.
Price Impact
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