Nuvve Holding Corp. 8-K

What Happened Nuvve Holding Corp. (NVVE) announced in an 8-K filed Feb 13, 2026 that the master services agreement dated May 14, 2024 with Fresno Economic Opportunities Commission (FEOC) — for FEOC’s fleet electrification program — has been effectively terminated. The agreement had an estimated total possible fees and expenses of approximately $15.7 million. Nuvve says it has notified FEOC of costs and amounts owed for services provided and is negotiating the amount it is entitled to receive; it also disputes whether FEOC properly terminated the agreement and has reserved its rights.

Key Details

• Agreement date: May 14, 2024; 8-K filed: February 13, 2026.
• Potential contract value referenced: approximately $15.7 million in fees and expenses.
• Nuvve reports extensive discussions and efforts to accommodate FEOC, but FEOC was unwilling to proceed.
• Nuvve is negotiating recovery for services provided prior to termination and cannot assure the amount it will ultimately receive.

Why It Matters For investors, this affects a previously disclosed commercial opportunity tied to a $15.7M project for fleet electrification. The termination means the expected full value of the contract is unlikely to be realized; Nuvve’s near-term revenue and cash collections related to this project depend on the outcome of negotiations over fees and costs already incurred. The company’s reservation of rights and dispute over the termination also indicate potential for recovery or dispute resolution, but the filing states there is no assurance of the amount recoverable. Investors should watch for further updates on the negotiation outcome, any receivable recognition, or related legal actions.