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Nuvve Faces Imminent Nasdaq Delisting After Bid Price Breach
Nuvve Holding Corp. (NVVE) is facing imminent delisting from Nasdaq due to failing to meet the $1.00 minimum bid price requirement for 30 consecutive trading sessions. The company is ineligible for the standard grace period because of multiple reverse stock splits in the past two years. Nuvve plans to appeal the delisting decision, which would temporarily stay the suspension, though there’s no guarantee of regaining compliance or continued listing, posing significant risks for shareholders.