PANews reports on July 13 that, according to Businesswire, Nuvve, a NASDAQ-listed clean energy electric vehicle charging technology company, announced the issuance of 5,029,403 shares of common stock (or common stock equivalents), with a public offering price of $0.95 per share, raising approximately $4.8 million in total. Part of the net proceeds from this issuance will be used to advance its corporate financial strategy, including the incorporation of HYPE (Hyperliquid native token). All common shares to be sold in this offering will be sold by the company itself. The offering is expected to be completed around July 14, 2025, subject to customary closing conditions.
Public Company Nuvve Issues $4.8 Million of Common Stock to Build HYPE Reserve
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