Nuvve's $25M Equity Facility Terminated After Nasdaq Delisting

Nuvve Holding Corp.'s Common Shares Purchase Agreement (ELOC Agreement) with Five Narrow Lane, L.P. and Hailstone Peak Funding LLC was automatically terminated on July 24, 2026. This termination occurred because the Company's common stock was delisted from The Nasdaq Stock Market on the same date, a condition specified in the agreement. The ELOC Agreement had previously allowed Nuvve to sell up to $25 million of its common stock to the investors. The Company did not incur any early termination penalties as a result of this event.