Newborn Acquisition Corp (NASDAQ:NVVE) shares are trading higher by 50.3% at $12.40 Monday afternoon after the company announced an agreement with Evolve Transition Infrastructure and Stonepeak to pursue a $750 million joint venture to be called Levo.
Nuvve is accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) technology. It helps to support the integration of renewable energy sources, including solar and wind. Its Grid Integrated Vehicle (GIV) platform is refueling the next generation of electric vehicle fleets through bidirectional charging solutions.
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NEW YORK, March 17, 2021 /PRNewswire/ Newborn Acquisition Corp. ( Newborn ) (Nasdaq: NBAC), a publicly traded special purpose acquisition company, today announced its shareholders have voted to approve the previously announced business combination with Nuvve Corporation ( Nuvve ), a global leader in vehicle-to-grid (V2G) technology driving the electrification of transportation. The business combination and all related proposals were approved by Newborn shareholders at an extraordinary general meeting on March 17, 2021 (Hong Kong time).
The closing is expected to occur in the next few days. Upon completion of the business combination, the Nasdaq ticker symbols for the shares of common stock and the warrants of the combined company, which will be named Nuvve Holdings Corp., are expected to be changed to NVVE and NVVEW, respectively.
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NEW YORK, Feb. 22, 2021 /PRNewswire/ Newborn Acquisition Corp. ( Newborn or the Company ) (NASDAQ:NBAC), announced today that it has scheduled its extraordinary general meeting of its shareholders (the Meeting ) to vote on the proposed business combination with Nuvve Corporation. The meeting will be held at Room 801, Building C, SOHO Square, No. 88, Zhongshan East 2nd Road, Huangpu District, Shanghai, 200002, China on March 17, 2021 at 8:00 a.m., Hong Kong Time (7:00 p.m. Eastern Time on March 16, 2021). Due to the coronavirus (
COVID-19 ) pandemic and the various travel and other restrictions in place, we are strongly encouraging our shareholders to attend the Extraordinary General Meeting virtually by means of a teleconference using the dial in instructions in the proxy statement.
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SAN DIEGO, Feb. 12, 2021 /PRNewswire/ Newborn Acquisition Corp. ( Newborn or the Company ) (NASDAQ:NBAC), encourages its shareholders to vote in favor of the extension proposals. The purpose of the Extension Amendment is to allow the Company more time to complete its previously announced business combination with Nuvve Corporation without depositing additional funds into the trust account. Nuvve Corporation is a San Diego-based green energy technology company whose mission is to lower the cost of electric vehicle ownership while supporting the integration of renewable energy sources, including solar and wind. Shareholders are not being asked to vote on the proposed business combination at this time. A separate vote on the proposed business combination will take place in the coming weeks.