Another EV charger going public as DCRN announces a $1.4b deal with Tritium. Post Holdings Partnering Corp (PSPC) priced a downsized $300m IPO. And, don t forget IPOE shareholders vote tomorrow.
Nuvve Reports First Quarter 2021 Preliminary Financial Results
Investor Conference Call to be Held Today at 9:00 AM Eastern Time
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SAN DIEGO, May 17, 2021 /PRNewswire/
Nuvve Holding Corp. ( Nuvve ) (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, today reported preliminary financial results for the first quarter ended March 31, 2021.
First Quarter Highlights and Recent Developments
Completed business combination with Newborn Acquisition Corp., effective March 19, 2021, and began trading on the Nasdaq Stock Market on March 23, 2021
In a separate press release issued today, announced agreement to form joint venture with Stonepeak Infrastructure Partners (Stonepeak) which will finance a V2G turnkey solution for fleet customers that will leverage our new V2G hub and transportation as a service (TaaS) offering
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.
Nuvve Corporation ("Nuvve"), a global leader in vehicle-to-grid (V2G) technology driving the electrification of transportation, today announced that the Company's Chairman and CEO, Gregory Poilasne, will be participating in a panel at the 33rd Annual ROTH Conference titled "Gas Stations of the Future." The panel, to be conducted virtually, will be held on Wednesday, March 17, 2021 at 11:00am ET.