Nuvve Holding Corp. 8-K

What Happened

• On June 12, 2026, Nuvve Holding Corp. announced it entered into a business loan and security agreement with ACH Capital West, LLC for a $1,500,000 term loan. Under the agreement, principal and stated interest of $585,000 are due May 11, 2027. Weekly payments of $43,437.50 begin June 19, 2026 and continue until the May 11, 2027 maturity. The Company paid a $45,000 origination fee.

Key Details

• Loan amount: $1,500,000; stated interest reported as $585,000 due with the principal on May 11, 2027.
• Weekly payments: $43,437.50 starting June 19, 2026 through maturity.
• Collateral/security: continuing security interest in all amounts owing to Nuvve and all other tangible and intangible personal property.
• Prepayment and default terms: early prepayment discounts reduce total repayment by $210,000 (if repaid within 30 days), $180,000 (60 days), $150,000 (90 days), or $120,000 (120 days); a default fee equals 25% of the original amount owed (25% of $1.5M = $375,000).

Why It Matters

• This agreement creates a new, material secured debt obligation for Nuvve that provides near-term financing but also requires substantial weekly cash outflows, which will affect liquidity and cash management.
• The loan is secured by essentially all of Nuvve’s receivables and other personal property, which could limit the company’s flexibility to use those assets for other financing.
• The stated interest amount and fees (including a sizable default fee) indicate the financing is costly; however, early repayment discounts offer a way to reduce total cost if Nuvve can repay quickly.
• Investors should note this is a formal new financial obligation (Item 2.03) disclosed in the company’s Form 8-K and review the full agreement when filed with the upcoming Form 10-Q for further detail.