Nuvve Holding Corp. Receives Nasdaq Delisting Determination

What Happened Nuvve Holding Corp. announced that on July 22, 2026 it received a Delist Determination from the Nasdaq Hearings Panel finding the company out of compliance with Nasdaq rules and determining to delist its common stock. Nasdaq cited failures to meet the periodic reporting requirement (missing its Form 10-Q for the quarter ended March 31, 2026), the $1.00 minimum bid price rule, and the $2,500,000 stockholders’ equity requirement. Nasdaq indicated trading in Nuvve’s shares will be suspended effective at the open of market on July 24, 2026. The company said it may appeal to the Nasdaq Listing and Hearing Review Council and is considering options to resume Nasdaq trading.

Key Details

• Delist Determination received July 22, 2026; trading suspension effective at market open July 24, 2026.
• Nasdaq cited non-compliance with Listing Rule 5250(c)(1) (periodic reporting — Form 10-Q for period ended March 31, 2026), Rule 5550(a)(1) (minimum $1.00 bid price), and Rule 5550(b)(1) (minimum $2,500,000 stockholders’ equity).
• Prior timeline: Nasdaq staff notified the company on April 20, 2026 (bid price deficiency) and May 22, 2026 (periodic reporting); the Panel set interim compliance deadlines (file the 10-Q and satisfy equity rule by July 13, 2026; meet the $1.00 bid price for 20 consecutive business days by July 31, 2026).
• Nuvve expects its shares to begin trading on the OTC Markets Pink Limited Information tier under symbol “NVVE” at the open on July 24, 2026 and plans to seek inclusion in OTCID and then OTCQB tiers.

Why It Matters A Nasdaq delisting and move to the OTC Pink tier materially affects investors: it can reduce liquidity, increase bid-ask spreads, and lower visibility and analyst coverage. Being on the OTC Pink Limited Information tier also means less publicly available reporting and fewer investor protections than a Nasdaq-listed stock. The company can appeal the delisting decision, so the Nasdaq status could still change, but investors should be prepared for trading to be suspended on Nasdaq and for shares to trade on OTC Markets unless and until an appeal reverses the determination.