STOCK TITAN

Nuvve Updates Shareholders on Compliance Measures

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags

Nuvve Holding Corp. (Nasdaq: NVVE), a leader in vehicle-to-grid (V2G) technology, has issued a letter to shareholders regarding actions taken to regain compliance with Nasdaq's Bid Price Rule. The company recently executed a 1-for-10 reverse stock split, resulting in 652,727 shares outstanding. Nuvve encourages shareholders to protect their shares against market manipulation through measures such as holding shares in cash accounts and requesting "no loan" status.

The company has provided a link to the full shareholder letter on their website and offered an investor relations contact for further information. This update demonstrates Nuvve's efforts to maintain its Nasdaq listing and address potential market manipulation concerns.

Nuvve Holding Corp. (Nasdaq: NVVE), leader nella tecnologia vehicle-to-grid (V2G), ha inviato una lettera agli azionisti riguardo le azioni intraprese per riacquistare la conformità con la Regola sul Prezzo di Offerta del Nasdaq. Recentemente, l'azienda ha effettuato un frazzionamento azionario inverso 1-per-10, portando a 652.727 azioni in circolazione. Nuvve incoraggia gli azionisti a proteggere le loro azioni contro la manipolazione del mercato attraverso misure come il mantenimento delle azioni in conti di cassa e la richiesta dello stato di "no loan".

L'azienda ha fornito un link alla lettera completa agli azionisti sul proprio sito web e ha offerto un contatto per le relazioni con gli investitori per ulteriori informazioni. Questo aggiornamento dimostra gli sforzi di Nuvve per mantenere la sua quotazione al Nasdaq e affrontare potenziali preoccupazioni sulla manipolazione del mercato.

Nuvve Holding Corp. (Nasdaq: NVVE), líder en la tecnología vehicle-to-grid (V2G), ha emitido una carta a los accionistas sobre las acciones tomadas para recuperar el cumplimiento de la Regla de Precio de Oferta del Nasdaq. Recientemente, la empresa realizó un split inverso de acciones 1 por 10, resultando en 652,727 acciones en circulación. Nuvve anima a los accionistas a proteger sus acciones contra la manipulación del mercado mediante medidas como mantener las acciones en cuentas de efectivo y solicitar el estado de "no loan".

La compañía ha proporcionado un enlace a la carta completa para accionistas en su sitio web y ha ofrecido un contacto de relaciones con inversores para obtener más información. Esta actualización demuestra los esfuerzos de Nuvve por mantener su cotización en Nasdaq y abordar posibles preocupaciones sobre la manipulación del mercado.

Nuvve Holding Corp. (Nasdaq: NVVE), 전기차-그리드(V2G) 기술의 선두주자인 Nuvve는 나스닥의 매도 가격 규정을 준수하기 위해 취한 조치에 대한 주주들에게 편지를 발송하였습니다. 최근 회사는 1대10 주식 병합을 실시하여 652,727주의 발행 주식을 남겼습니다. Nuvve는 주주들이 현금 계좌에서 주식을 보유하고 "무 담보" 상태를 요청하는 등의 방법으로 시장 조작으로부터 주식을 보호할 것을 권장합니다.

회사는 웹사이트에 주주 편지 전체에 대한 링크를 제공하였고, 추가 정보에 대한 투자자 관계 연락처를 제안했습니다. 이 업데이트는 Nuvve가 나스닥 상장을 유지하고 잠재적인 시장 조작 우려를 해결하기 위한 노력을 보여줍니다.

Nuvve Holding Corp. (Nasdaq: NVVE), leader dans la technologie véhicule-réseau (V2G), a envoyé une lettre aux actionnaires concernant les mesures prises pour retrouver la conformité avec la Règle de Prix de l'Offre du Nasdaq. L'entreprise a récemment exécuté un fractionnement inversé d'actions 1 pour 10, ce qui a entraîné 652 727 actions en circulation. Nuvve encourage les actionnaires à protéger leurs actions contre la manipulation du marché en adoptant des mesures telles que le maintien des actions dans des comptes en espèces et la demande de statut "sans prêt".

L'entreprise a fourni un lien vers la lettre complète aux actionnaires sur son site internet et a proposé un contact pour les relations avec les investisseurs pour plus d'informations. Cette mise à jour démontre les efforts de Nuvve pour maintenir son inscription au Nasdaq et faire face à d'éventuelles préoccupations concernant la manipulation du marché.

Nuvve Holding Corp. (Nasdaq: NVVE), ein führendes Unternehmen in der Vehicle-to-Grid (V2G)-Technologie, hat einen Brief an die Aktionäre bezüglich der Maßnahmen zur Wiederherstellung der Konformität mit der Nasdaq-Angebotsregelung verschickt. Das Unternehmen hat kürzlich einen 1-zu-10-Rücksatz durchgeführt, wodurch sich die Anzahl der im Umlauf befindlichen Aktien auf 652.727 reduzierte. Nuvve ermutigt die Aktionäre, ihre Aktien durch Maßnahmen wie die Aufbewahrung ihrer Aktien in Bargeldkonten und die Beantragung eines "No Loan"-Status vor Marktmanipulation zu schützen.

Das Unternehmen hat einen Link zum vollständigen Aktionärsbrief auf seiner Website bereitgestellt und einen Kontakt für die Investor Relations angeboten, um weitere Informationen zu erhalten. Dieses Update zeigt Nuvves Bestreben, die Nasdaq-Listung aufrechtzuerhalten und potenziellen Bedenken hinsichtlich der Marktmanipulation entgegenzuwirken.

Positive
  • Executed a 1-for-10 reverse stock split to regain Nasdaq compliance
  • Proactively addressing potential market manipulation
Negative
  • Needed to perform a reverse stock split to maintain Nasdaq listing

SAN DIEGO, Sept. 24, 2024 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a leader in vehicle-to-grid (V2G) technology, has issued a letter to shareholders regarding actions taken to regain compliance with Nasdaq's Bid Price Rule. 

Nuvve recently executed a 1-for-10 reverse stock split, resulting in 652,727 shares outstanding. The Company encourages shareholders to protect their shares against market manipulation through actions such as holding shares in cash accounts and requesting "no loan" status. 

For shareholder letter: https://nuvve.com/shareholder-letter/  

For more information, contact investors@nuvve.com

About Nuvve Holding Corp. Nuvve (Nasdaq: NVVE) transforms electric vehicles into grid resources, driving the transition to a net-zero future. Learn more at nuvve.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nuvve-updates-shareholders-on-compliance-measures-302257834.html

SOURCE Nuvve Holding Corp.

FAQ

What actions has Nuvve (NVVE) taken to regain Nasdaq compliance?

Nuvve (NVVE) has executed a 1-for-10 reverse stock split to regain compliance with Nasdaq's Bid Price Rule.

How many outstanding shares does Nuvve (NVVE) have after the reverse stock split?

After the 1-for-10 reverse stock split, Nuvve (NVVE) has 652,727 shares outstanding.

What measures does Nuvve (NVVE) recommend to protect shares against market manipulation?

Nuvve (NVVE) recommends shareholders hold shares in cash accounts and request "no loan" status to protect against market manipulation.

Where can shareholders find Nuvve's (NVVE) letter regarding compliance measures?

Shareholders can find Nuvve's (NVVE) letter regarding compliance measures at https://nuvve.com/shareholder-letter/.

Nuvve Holding Corp.

NASDAQ:NVVE

NVVE Rankings

NVVE Latest News

NVVE Stock Data

4.31M
650.00k
24.93%
25.62%
5.35%
Specialty Retail
Power, Distribution & Specialty Transformers
Link
United States of America
SAN DIEGO