Nuvve Holding NVVE

Nuvve Holding faces delisting risk

Nasdaq bid price notice, hearing requested, Item 3.01 Listing standards notice

Form
8-K
Filed
Importance
Major
  1. Received Nasdaq delisting notice due to stock price below $1.00
  2. Noncompliance with $2.5M stockholders' equity rule
  3. Granted extension until Dec 31, 2025 to regain compliance

Written from the 8-K on EDGAR. AI can make mistakes. Check the filing.

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The reading, claim by claim

  1. The filing also mentioned a hearing request that delayed potential delisting actions.
  2. The Form 8-K included a request for an extension to regain compliance, granted by Nasdaq's Hearings Panel, with a deadline of December 31, 2025.
  3. The company intends to pursue its plan to meet the requirements but no assurance of success was provided.
  4. The filing also included a cover page with XBRL tags and a signed statement from the CEO.

4 of 4 claims matched the filing text.

From the filing

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or

Standard; Transfer of Listing.

As previously disclosed, on August 27, 2025, Nuvve Holding Corp.4 (the "Company") received written notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, because the closing price for the Company's common stock had fallen below $1.00 per share for 30 consecutive trading days, the Company was no longer in compliance with the requirement for continued inclusion on The Nasdaq Capital Market under Nasdaq Marketplace Rule 5550(a)(2) (the "Bid Price Rule"). Further, the Notice stated that, pursuant to Listing Rule 5810(c)(3)(A)(iv), the Company was not eligible for any compliance period specified in Rule 5810(c)(3)(A) due to the fact that the Company has effected a reverse stock split over the prior one-year period and has effected one or more reverse stock splits over the prior two-year period with a cumulative ratio of 250 shares or more to one. The Notice also stated that since the Company remains noncompliant with the $2,500,000 minimum stockholders' equity rule under Listing Rule 550(b)(1) (the "Equity Rule"), such noncompliance with the Equity Rule serves as an additional and separate basis for delisting.

On September 3, 2025, the Company timely requested a hearing with the Nasdaq's Hearings Panel (the "Panel"), which request stayed any further suspension or delisting action by Nasdaq at least pending the ultimate conclusion of the hearing process.1 On October 28, 2025, the Panel informed the Company that it had granted the Company's requested extension to regain compliance by December 31, 2025, subject to certain conditions and requirements as a result of the hearing with the Panel.2 While the Company intends to pursue its plan to regain compliance as presented to the Panel, there can be no assurance that the Company will be able to regain compliance and thereafter maintain its3 l

Item 9.01. Financial Statements and Exhibits.

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Data on this page was fetched . The filing on SEC.gov is the record.