Nuvve Holding CorpNVVE
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Reverse stock split signals financial distress and need to meet Nasdaq listing requirement.
Impact on stocks 1
Energy Transition & Power Demand
Nuvve Holding CorpNuvve Holding Corp. announced a 1-for-18 reverse stock split of its common stock, effective July 6, 2026. The reverse split will reduce outstanding shares from approximately 9,443,731 to about 524,652, with fractional shares rounded up. The move aims to bring the company into compliance with Nasdaq's minimum $1.00 bid price requirement. Nuvve's common stock will continue trading on the Nasdaq Capital Market under the symbol NVVE with a new CUSIP number.
Nuvve Holding CorpReverse stock split signals financial distress and need to meet Nasdaq listing requirement.