Nuvve Holding Corp Stock Price, News & Analysis

Nuvve Holding Corp. (NVVE) has launched a new line of bidirectional and unidirectional chargers, expanding its vehicle-to-grid (V2G) technology portfolio. The product range includes chargers from 20 kW to 360 kW, targeting school buses, commercial fleets, public infrastructure, and microgrid applications.

The new chargers feature Open Charge Point Protocol (OCPP) integration, remote monitoring capabilities, over-the-air updates, and various form factors including wall boxes and mono-blocks with optional dual ports. They are integrated with Nuvve's energy management software platform and compatible with the company's GIVe™ and FLEETBOX™ platforms.

The products are immediately available and can be selected with domestically sourced parts to meet Buy America Build America (BABA) compliance requirements. Each charger undergoes validation for reliability and V2G compatibility.

Nuvve Holding Corp. (Nasdaq: NVVE) has announced a Special Meeting of Stockholders scheduled for January 13, 2025, at 1:00 p.m. Eastern Time. The company is urging all shareholders, regardless of their holdings, to participate in the voting process. The record date for the Special Meeting is set for December 6, 2024.

Shareholders can access voting assistance through Advantage Proxy, Inc. via phone (1-877-870-8565) or email (ksmith@advantageproxy.com). The company has filed its definitive proxy statement with the SEC on December 16, 2024, which is available for free viewing on the SEC's website.

Nuvve Holding Corp. (Nasdaq: NVVE) has announced a Special Meeting of Stockholders scheduled for January 13, 2025, at 1:00 p.m. Eastern Time. The company has set December 6, 2024, as the record date for the meeting. Shareholders can vote using methods detailed in the distributed proxy materials and can receive assistance from Advantage Proxy, Inc. The company urges all shareholders, regardless of their holdings, to vote and review the definitive proxy statement filed with the SEC on December 16, 2025, which is accessible on the SEC's website.

Nuvve Holding Corp (Nasdaq: NVVE) has announced a correction to its Special Meeting of Stockholders announcement. The meeting will be held on January 13, 2025 at 1:00 p.m. Eastern (10:00 am Pacific) Time, not 11:00 am Pacific as previously stated. Additionally, the company clarified that its proxy statement was filed on December 16, 2024, not 2025 as initially reported.

The record date for the Special Meeting is set for December 6, 2024. Shareholders are strongly encouraged to vote their proxy regardless of share quantity. For voting assistance, shareholders can contact Advantage Proxy at 1-877-870-8565 or email ksmith@advantageproxy.com. The company's definitive proxy statement is available on the SEC website.

Nuvve Holding Corp. (Nasdaq: NVVE) has announced that the webcast replay of its third quarter 2024 financial results conference call, which was held on November 12, 2024, at 5:00 PM Eastern Time, is now available. Investors can access the replay through the 'Events' section of Nuvve's investor relations website at https://investors.nuvve.com/.

Nuvve Holding Corp. (NVVE) reported Q3 2024 financial results with total revenue of $1.92 million, down 29.3% from $2.71 million in Q3 2023. The company reduced its net loss by 80.2% to $1.6 million from $8.3 million in the prior year period. Operating expenses excluding cost of sales decreased by $5.9 million to $2.8 million. Megawatts under management increased by 16.3% to 29.2 megawatts as of September 30, 2024. Notable developments include launching the first V2G-capable electric school bus deployment in New Mexico and unveiling new AC V2G technology in Delaware.

Nuvve Holding Corp. (Nasdaq: NVVE), a green energy technology company specializing in vehicle-to-grid (V2G) technology, announced it will provide its third quarter 2024 financial update on Tuesday, November 12, 2024. The company will host a conference call at 5:00 PM Eastern Time (2:00 PM PT) to discuss financial results and company developments. Investors can participate through a live webcast available in the 'Events' section of Nuvve's investor relations website.

Nuvve Holding Corp. (NVVE) has completed a private placement of $3.75 million in senior convertible notes with a 10% original issue discount, resulting in gross proceeds of $3.375 million. The notes bear an 8% annual interest rate with an 18-month maturity and are convertible into 1,102,295 shares at $3.402 per share. The company also issued warrants to purchase an equal number of shares at $3.78 per share. The investors have the right to purchase up to an additional $12.5 million in notes and warrants. CEO Gregory Poilasne invested $250,000 in the placement. The proceeds will be used for working capital and general corporate purposes.

Nuvve (Nasdaq: NVVE), a leader in Vehicle-to-Grid (V2G) technology, has joined the EVVE (Environmental Valorization of Virtual Energy storage) project to accelerate the deployment of bidirectional charging stations for electric vehicles across Europe. The project aims to install 800 V2G charging stations, with Nuvve contributing approximately 100 stations using both CHAdeMO and CCS standards.

This initiative represents a $400,000 capital expenditure for Nuvve and adds another megawatt under their management. The EVVE project, supported by the European Union's Innovation Fund, seeks to reduce CO2 emissions by utilizing electric vehicles to store low-carbon electricity. Nuvve brings its expertise in providing turnkey "V2G as a Service" solutions and its experience operating the world's first commercial V2G service in Denmark.

The consortium includes other key partners such as EDF Group, Dreev, Altra (IVECO Group), BNP Paribas Mobility, Enedis, IZIVIA, Stellantis, and Volkswagen Group France. To date, 250 V2G chargers have been deployed, primarily in France and Denmark, demonstrating the project's progress towards V2G industrialization in Europe.