Nuvve says warrant exchange agreement is terminated, scrapping issuance of 13.1 million shares

Nuvve said it determined on July 15, 2026 that its May 12 securities exchange agreement for warrant holders was effectively terminated.

The termination scrapped the planned exchange of existing warrants into 13,107,127 common shares or pre-funded warrants for the same aggregate share amount.

The registration rights agreement tied to the exchange was also terminated, ending plans to file a resale registration statement for the exchange securities.

Warrant exercise restrictions on certain investors under the exchange agreement were deemed terminated as of the termination’s effectiveness.