Nuvve ends $25M equity line after Nasdaq delisting
Nuvve Holding Corp. reports that its Common Shares Purchase Agreement with Five Narrow Lane, L.P. and Hailstone Peak Funding LLC, a committed equity facility, automatically terminated after its common stock was delisted from Nasdaq effective July 24, 2026.
Rhea-AI Filing Summary
Nuvve Holding Corp. reports that its Common Shares Purchase Agreement with Five Narrow Lane, L.P. and Hailstone Peak Funding LLC, a committed equity facility, automatically terminated after its common stock was delisted from Nasdaq effective July 24, 2026.
The agreement, originally dated November 14, 2025 and amended and restated on December 1, 2025, had allowed Nuvve to sell up to $25 million of common stock at its option. The termination became effective July 24, 2026, and Nuvve states it incurred no early termination penalties.
Positive
- None.
Negative
- Automatic termination of a committed equity facility that permitted sales of up to $25 million of common stock removes that capital-raising option following the Nasdaq delisting.
8-K Event Classification
Item 1.02 — Termination of a Material Definitive Agreement
1 item
Item 1.02
Termination of a Material Definitive Agreement
Business
A significant contract was terminated, which may affect business operations or revenue.
Key Figures
Committed equity facility size: $25 million
Delisting and termination effective date: July 24, 2026
Original ELOC Agreement date: November 14, 2025
+2 more
5 metrics
Committed equity facility size
$25 million
Maximum aggregate amount of common stock Nuvve could sell under the ELOC Agreement
Delisting and termination effective date
July 24, 2026
Date Nasdaq delisting became effective and the ELOC Agreement automatically terminated
Original ELOC Agreement date
November 14, 2025
Date Nuvve entered into the Common Shares Purchase Agreement with the investors
Amended and restated date
December 1, 2025
Date the ELOC Agreement was amended and restated
Common stock par value
$0.0001 per share
Par value of Nuvve Holding Corp.'s common stock
Key Terms
committed equity facility, ELOC Agreement, Delisting, OTC Pink Limited Market
4 terms
committed equity facility financial
"relating to a committed equity facility."
A committed equity facility is a formal agreement in which a financial institution or investor promises to buy newly issued shares from a company up to a set limit over a fixed period, providing a reliable source of capital on demand. For investors, it matters because it gives the company a predictable funding backup—like a credit line but paid with stock—reducing financing risk while potentially diluting existing shareholders and signaling management’s access to growth or restructuring resources.
ELOC Agreement financial
"the “ELOC Agreement”), with each of Five Narrow Lane"
Delisting regulatory
"was delisted from Nasdaq (the “Delisting”)."
Delisting occurs when a company's stock is removed from a stock exchange and is no longer available for trading there. This can happen voluntarily or because the company no longer meets the exchange's requirements. For investors, delisting means they can no longer buy or sell shares of that company on the exchange, which may make it more difficult to sell their investments or affect the stock's value.
OTC Pink Limited Market market
"NVVE | | OTC Pink Limited Market"
OTC Pink Limited Market is an over‑the‑counter trading tier for stocks that are not listed on major exchanges and provide only limited public information about their operations and financials. It matters to investors because lower disclosure increases uncertainty and risk—prices can be volatile and it can be harder to verify value or spot problems, like buying an unlabeled used item at a flea market where you don’t know its history or condition.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What agreement did NVVE disclose as terminated?
NVVE reported the automatic termination of its Common Shares Purchase Agreement, known as the ELOC Agreement, with Five Narrow Lane, L.P. and Hailstone Peak Funding LLC, effective July 24, 2026, after its common stock was delisted from Nasdaq, with no early termination penalties.
How large was NVVE's committed equity facility under the ELOC Agreement?
Under the ELOC Agreement, NVVE could, at its option, sell up to $25 million of its common stock to the investors. This committed equity facility was subject to conditions and limitations specified in the agreement before its automatic termination.
Why did NVVE's ELOC Agreement automatically terminate?
The ELOC Agreement required that NVVE’s common stock remain listed on Nasdaq. When the stock was delisted effective July 24, 2026, this triggered automatic termination of the committed equity facility under the agreement’s terms.
When were NVVE's ELOC Agreement and its amendment executed?
NVVE entered into the Common Shares Purchase Agreement on November 14, 2025, and it was amended and restated on December 1, 2025. These dates define the period during which the committed equity facility framework was in place before termination.
On which market does NVVE's common stock currently trade?
NVVE’s common stock, par value $0.0001 per share, is listed as trading on the OTC Pink Limited Market under the symbol NVVE, following its delisting from The Nasdaq Stock Market effective July 24, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
