$NVVE·8-K

Nuvve Holding Corp. · May 22, 6:35 PM ET

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Nuvve Holding Corp. 8-K

Research Summary

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Updated

Nuvve Holding Corp. Receives Nasdaq Notice of Delisting Risk

What Happened

  • On May 22, 2026, Nuvve Holding Corp. announced it received a notice from Nasdaq’s Listing Qualifications Department saying the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not filed its Quarterly Report on Form 10‑Q for the period ended March 31, 2026. Nasdaq said this noncompliance is an additional basis for delisting the company’s securities.
  • The company is already before Nasdaq’s Hearings Panel due to its common stock closing below $1.00 per share for 30 consecutive trading days (Nasdaq Rule 5550(a)(2)), and it intends to timely request a stay of any suspension while it seeks to regain compliance.

Key Details

  • Notice date: May 22, 2026.
  • Delinquent filing: Form 10‑Q for quarter ended March 31, 2026 (not yet filed).
  • Nasdaq rules cited: Listing Rule 5250(c)(1) (periodic reporting) and existing matter under Rule 5550(a)(2) (sub-$1.00 closing price).
  • Deadline/action: Company has until May 29, 2026 to request a stay of the suspension pending the Panel’s decision; filing a request for a hearing related to a delinquent filing generally stays suspension only for 15 days unless the Panel grants an extended stay.

Why It Matters

  • This notice creates a tangible risk of Nasdaq delisting if Nuvve does not file the required Form 10‑Q or obtain a stay from the Nasdaq Hearings Panel. Delisting or a trading suspension could reduce liquidity and limit investor access to the stock.
  • The company stated it intends to request a stay and is working to satisfy Nasdaq’s requirements; investors should watch for the Form 10‑Q filing and any updates from Nasdaq or Nuvve about Panel decisions or compliance progress.

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