Nuvve To Become Publicly Listed Company Nov. 12, 2020: Green energy technology company Nuvve Corporation, the global leader in vehicle-to-grid (V2G) technology, and Newborn Acquisition Corp. a publicly traded special purpose acquisition company with approximately $57.5 million of cash in trust, announced the signing of a definitive merger agreement to take Nuvve public.
The companies today also announced the signing of definitive purchase agreements with institutional investors for the investment of approximately $18 million in the combined company through a PIPE and bridge financing. Upon closing of the business combination, the combined company will be named Nuvve Holding Corp. and is expected to remain listed on Nasdaq under the ticker symbol "NVVE". (prnewswire.com)
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