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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
March 6, 2026
| NUVVE HOLDING CORP. |
| (Exact Name of Registrant as Specified in Charter) |
| Delaware |
|
001-40296 |
|
86-1617000 |
(State or Other Jurisdiction
of Incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
2488 Historic Decatur Road, Suite 230
San Diego, California |
|
92106 |
| (Address of Principal Executive Offices) |
|
(Zip Code) |
Registrant’s telephone number, including
area code: (619) 456-5161
| (Former Name or Former Address, if Changed Since Last Report) |
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425). |
| |
|
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12). |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)). |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)). |
Securities registered pursuant to Section 12(b)
of the Act:
| Title of each class |
|
Trading symbols |
|
Name of each exchange on which registered |
| Common Stock, Par Value $0.0001 Per Share |
|
NVVE |
|
The Nasdaq Stock Market LLC |
| Warrants to Purchase Common Stock |
|
NVVEW |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01 Entry into a Material Definitive
Agreement.
On March 6, 2026, Nuvve
Holding Corp. (the “Company” or “Nuvve”) entered into a cooperation agreement (the “Cooperation Agreement”)
between and among the Company, Oelion AB, a company organized under the laws of Sweden (“Oelion”), and OMNIA Group Holdings
AG, a company organized under the laws of Switzerland (“Omnia”). Concurrently with entry into the Cooperation Agreement the
Company, Oelion and Omnia also entered into (i) a service agreement for engineering and managerial consulting services (the “Managerial
Services Agreement”) and (ii) an aggregation service agreement for battery energy storage system (BESS) (the “Aggregation
Service Agreement” and together with the Cooperation Agreement and the Managerial Services Agreement, the “Omnia Venture Agreements”).
Pursuant to the Omnia Venture Agreements, the Company has acquired (i) an option regarding an assignment of a 50 MW battery energy storage
system (BESS) project located at Marviken, Sweden (the “Envisaged Project”) and to hold an interconnection agreement with
the relevant grid operator regarding the interconnection of the Envisaged Project to the electricity grid (the “Interconnector Agreement”),
(ii) a right of first refusal, and (iii) an exclusive right to provide energy aggregation services as well as engineering and managerial
consulting services to any new project of OMNIA and its affiliates in Europe. Pursuant to the Managerial Services Agreement the Company
will provide its technology and expertise in management of advanced energy storage and grid modernization solutions and will receive payments
from Omnia in the first year of approximately $1,345,389 and with a continuing term of twenty years, subject to customary termination
provisions. In consideration for this, the Company has agreed to issue, subject to the accomplishment of various contractual and operational
milestones, 814,532 shares of Nuvve’s common stock, par value $0.0001 per share, (the “Common Stock Consideration”),
which is equivalent to approximately 19.9% of Nuvve’s outstanding Common Stock as of the date of execution of the Cooperation Agreement
representing an aggregate value of approximately $1,018,165 as of the close of trading on March 5, 2026, and, subject to prior shareholder
approval and the accomplishment of various contractual and operational milestones, shares of Series B Convertible Preferred Stock of Nuvve
(the “Preferred Stock Consideration”). Subject to completion of the requisite milestones, per the Cooperation Agreement, the
Company will seek to hold a shareholder meeting for purposes of approval of the issuance of the Preferred Stock Consideration before any
such issuance is made.
The foregoing
descriptions of the terms of the Cooperation Agreement, Aggregation Service Agreement and Managerial Services Agreement are not
intended to be complete and are qualified in their entirety by reference to the full text of the Cooperation Agreement, Aggregation
Service Agreement and Managerial Services Agreement, which are filed as Exhibits 10.1, 10.2, 10.3,
respectively, to this Current Report on Form 8-K and are incorporated by reference herein.
Item 3.02 Unregistered
Sales of Equity Securities.
The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02.
The offer and
sale of the securities in the Cooperation Agreement was made pursuant to the exemption from registration provided by Section 4(a)(2) of
the Securities Act of 1933, as amended (the “Securities Act”), and/or Regulation S thereunder.
This report does not constitute an offer to sell or the solicitation of an offer to buy the securities in the described offering, nor
shall there be any offer, solicitation or sale of the securities in any jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Item 7.01 Regulation FD Disclosure.
On March 6, 2026, the Company issued a press release announcing the entry into the Omnia Venture Agreements. A copy of the press release
is furnished as Exhibit 99.1 to this Current Report on Form 8-K, and is incorporated herein by reference.
The information contained
in this Item 7.01 and Exhibit 99.1 of this Current Report on Form 8-K is being furnished and shall not be deemed “filed” for
the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to
the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other filing under
the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference to such filing.
Item 8.01 Other Events.
Important Notice Regarding
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements or forward-looking information within the meaning of the U.S. Private
Securities Litigation Reform Act of1995. Forward-looking statements may be identified by the use of forward-looking terms such as “may,”
“will,” “expects,” “believes,” “aims,” “anticipates,” “plans,”
“looking forward to,” “estimates,” “projects,” “assumes,” “guides,” “targets,”
“forecasts,” “continue,” “seeks” or the negatives of such terms or other variations on such terms
or comparable terminology, although not all forward-looking statements contain such identifying words. Forward-looking statements include,
but are not limited to, statements regarding the anticipated completion of the acquisition, the expected timing of recently announced
projects, anticipated growth of various business areas, and other statements that are not historical facts. Nuvve cautions you that these
forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are
beyond the control of Nuvve. Such statements are based upon the current beliefs and expectations of management and are subject to significant
risks and uncertainties that could cause actual outcomes and results to differ materially. Some of these risks and uncertainties can be
found in Nuvve’s most recent Annual Report on Form 10-K and subsequent periodic reports filed with the Securities and Exchange Commission
(SEC). These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that
are included in the Nuvve’s filings with the SEC. Such forward-looking statements speak only as of the date made, and Nuvve disclaims
any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events
or otherwise. Readers of this Current Report on Form 8-K.are cautioned not to place undue reliance on these forward-looking statements,
since there can be no assurance that these forward-looking statements will prove to be accurate. This cautionary statement is applicable
to all forward-looking statements contained in this Current Report on Form 8-K.
Item 9.01 Financial
Statements and Exhibits.
(d) Exhibits
| Exhibit No. |
|
Description |
| 10.1 |
|
Cooperation
Agreement between and among the Company, Omnia and Oelion, dated March 6, 2026. |
| 10.2 |
|
Aggregation Service Agreement for Battery Energy Storage System (BESS) between and among the Company, Omnia and Oelion, dated March 6, 2026. |
| 10.3 |
|
Service Agreement for Engineering and Managerial Consulting Service between and among the Company, Omnia and Oelion, dated March 6, 2026. |
| 99.1 |
|
Press Release, dated March 6, 2026. |
| 104 |
|
Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. |
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Dated: March 6, 2026
| NUVVE HOLDING CORP. |
|
| |
|
| By: |
/s/ Gregory Poilasne |
|
| |
Gregory Poilasne |
|
| |
Chief Executive Officer |
|
Exhibit 99.1
Nuvve Partners with OMNIA Global to Address
1GW Development Pipeline with First 50MW/75MWh Battery Energy Storage System in Sweden
Partnership Opens New Revenue Market
SAN DIEGO & ZÜRICH--(BUSINESS WIRE)--Nuvve Holding Corp. (Nasdaq:
NVVE), a global leader in advanced energy storage and grid modernization solutions, today announced it is partnering with OMNIA Global
to jointly address a pipeline in excess of 1 GW over the next 24 months with the supporting financing. The first and earliest project
is a 50MW/75MWh European CE-approved battery energy storage system (BESS) located in Sweden. This marks a significant expansion of the
company’s European energy storage footprint.
BESS plays a critical role in modern electricity grids by balancing
supply and demand, integrating renewable energy, and enhancing grid stability. BESS technology enables the storage of excess energy generated
during periods of low demand and its rapid deployment during peak usage, improving reliability while reducing dependence on fossil fuel-based
generation.
Sweden represents one of Europe’s most attractive markets for
energy storage investment, driven by its ambitious climate goals, high penetration of renewable energy, and well-developed electricity
market. The country’s growing wind and solar capacity, combined with increasing electrification across transportation and industry,
has created strong demand for flexible storage solutions. Supportive regulatory frameworks and market structures further enhance the commercial
viability of BESS assets, positioning Sweden as a strategic hub for long-term energy storage development.
The first project is expected to commence operations during the second
quarter of 2026. It forms part of Nuvve’s broader European development pipeline, which includes battery storage sites in several
of the continent’s best-performing energy markets.
Recent market conditions in these regions support potential revenues
of €240,000–€300,000 per MW per year (approximately $260,000–$325,000 per MW-year). This project is expected to
bring incremental revenues to Nuvve during the second quarter of 2026 after the first batteries become operational.
“The partnership represents a significant revenue opportunity
spread across a pipeline exceeding 1GW, positioning Nuvve as a leading global provider of grid-scale energy storage,” said Gregory
Poilasne, CEO of Nuvve. “Nuvve continues to build a high-quality portfolio designed to deliver long-term, recurring value through
asset ownership, asset management, and exclusive development rights.”
Nuvve will serve as the owner and asset manager for the facility and
provide full market access services to optimize revenue generation and grid participation. The acquisition strengthens Nuvve’s position
in the rapidly growing Nordic energy storage market and reinforces its long-term strategy of deploying scalable, revenue-generating infrastructure.
This transaction aligns with Nuvve’s broader strategy to expand
its global energy storage and grid services platform by leveraging long-term contracts, advanced software, and market optimization capabilities
to deliver sustainable growth.
Nuvve also secured exclusive rights to support and deploy battery energy
storage projects developed through exiting partnerships that OMNIA Global established. Nuvve also has a Right of First Refusal to acquire
ownership stakes in future deployments within this pipeline.
“We see Nuvve as a uniquely fitting partner to efficiently project
manage and execute the roll-out of our pipeline utilizing Nuvve’s unique load balancing software and years of experience in BESS
from the early days of the market. The European market has high arbitrage opportunities for fast movers and with the partnership of Nuvve
we have found a partner that efficiently and comfortably can look at a large scale roll out with the most experienced team of its sector,”
said Daniel Hansen, CEO and Chairman of OMNIA Global.
About Nuvve Holding Corp.
Nuvve powers the future of flexible energy by turning batteries, electric
vehicles (EV), buildings, and distributed assets into dynamic grid resources. At the core is Nuvve’s advanced platform for intelligent
energy management and vehicle-to-grid (V2G), orchestrating real-time bidirectional charging, load optimization, and grid services. By
harnessing an ecosystem of electrification partners, fleets, stationary storage, and smart EV chargers, Nuvve helps utilities and communities
unlock flexibility at scale — enhancing reliability, accelerating electrification, and lowering costs. Nuvve enables a clean energy
future where mobility, buildings, and infrastructure work together to support a more resilient, sustainable, and equitable grid. Headquartered
in San Diego, California, Nuvve operates globally and online at nuvve.com.
About Omnia
OMNIA Global is an entrepreneurial single family office that through
direct investment aids companies with their growth journey. From providing capital; to identifying, helping and facilitating transformative
growth organically or via acquisitions; to going public to create liquid ownership and a non-exit focused operating environment.
Forward-Looking Statements
This press release contains forward-looking statements or forward-looking
information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified
by the use of forward-looking terms such as “may,” “will,” “expects,” “believes,” “aims,”
“anticipates,” “plans,” “looking forward to,” “estimates,” “projects,” “assumes,”
“guides,” “targets,” “forecasts,” “continue,” “seeks” or the negatives of
such terms or other variations on such terms or comparable terminology, although not all forward-looking statements contain such identifying
words. Forward-looking statements include, but are not limited to, statements regarding the anticipated completion of the acquisition
of the initial BESS facility, timing of the pipeline deployment and related project financing, amount and timing of anticipated revenues,
the expected timing of recently announced projects, anticipated growth of various business areas, and other statements that are not historical
facts. Nuvve cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult
to predict and many of which are beyond the control of Nuvve. Such statements are based upon the current beliefs and expectations of management
and are subject to significant risks and uncertainties that could cause actual outcomes and results to differ materially. Some of these
risks and uncertainties can be found in Nuvve’s most recent Annual Report on Form 10-K and subsequent periodic reports filed with
the Securities and Exchange Commission (SEC). These factors should not be construed as exhaustive and should be read in conjunction with
the other cautionary statements that are included in the Nuvve’s filings with the SEC. Such forward-looking statements speak only
as of the date made, and Nuvve disclaims any intention or obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. Readers of this press release are cautioned not to place undue reliance on these
forward-looking statements, since there can be no assurance that these forward-looking statements will prove to be accurate. This cautionary
statement is applicable to all forward-looking statements contained in this press release.
Media Contact:
Paulo Acuña
pacuna@olmsteadwilliams.com
310.824.9000