Nuvve Holding Corp. has entered into an amended financing agreement with various accredited institutional and individual investors. On October 31, 2024, the company initially agreed to issue senior convertible promissory notes and accompanying warrants to these investors. Recently, on May 30, 2025, certain investors exercised their rights to purchase additional notes and warrants, resulting in the issuance of $4,166,666.67 in principal amount of senior convertible promissory notes with a 10% original issue discount. These additional notes, convertible into shares of Nuvve's common stock, are set to mature in 18 months, with the potential for a six-month extension under specific conditions. This move underscores Nuvve's continued efforts to secure strategic financial backing to bolster its operations and growth strategies.
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