NEW YORK, May 28, 2026, 04:13 EDT
Nuvve Holding Corp. last traded at 36.27 cents in the U.S., still under Nasdaq’s $1 minimum required for listing. The electric-vehicle charging and grid-services firm is up against a Friday deadline in its bid to stay listed. The shares were up 1.31 cents from the previous close in the latest trade.
Nuvve’s latest problem isn’t about a new order or earnings. An 8-K posted to its investor site, filed May 26, showed Nasdaq told the company that its late Form 10-Q gave regulators another reason to consider delisting.
Nuvve is up against a tight deadline now. Nasdaq told the company it needs to ask for a stay of suspension by May 29 if it wants to pause the delisting process while a panel looks at its case. Nuvve already went before the panel because its stock traded below $1 for 30 days in a row, according to the filing.
Nuvve said it plans to ask for the stay and is working on meeting Nasdaq rules. The company said a hearing might not happen if it fixes the compliance problem before the hearing date.
The company delayed its first-quarter earnings release and conference call on May 15, saying it would set a new date and time. That delay is now central to the compliance issue.
Nuvve (NVVE) traded between 35 cents and 38 cents in Wednesday’s regular session, with volume near 254,000 shares, Google Finance showed. The ticker’s 52-week range ran from 23 cents to $72 on a reverse-split-adjusted basis, a big gap for the microcap, pointing to high volatility.
Vehicle-to-grid, or V2G, is still Nuvve’s main pitch. The technology lets EV or storage batteries push electricity back to the grid when needed. In March, CEO Gregory Poilasne said he was “disappointed” EV takeup in school buses was slower and said the company had “pivoted” to focus on stationary storage aggregation—bundling batteries to supply power or grid services. SEC
ChargePoint was last seen at $7.79, with Blink Charging at 82.95 cents, both ticking higher in the latest trades among listed charging names. Nuvve’s story is different. Investors are also watching to see if it can hold on to its Nasdaq listing as it deals with the late filing.
Nuvve reported 2025 revenue of $4.79 million, down from $5.29 million last year. Net loss widened—$31.5 million loss versus $17.4 million in 2024. As of Dec. 31, cash was $5.5 million. Nuvve had a stockholders’ deficit of $2.4 million, according to its annual filing.
Nuvve’s downside risk is clear. Both the auditor and company management have warned of “substantial doubt” about its ability to keep going as a business, meaning there’s a risk Nuvve doesn’t have enough cash or access to funds to last another year without extra help. Raising new capital would extend the runway but likely dilute common shareholders. If Nuvve loses its Nasdaq listing, the stock could drop off the exchange. Nuvve Holding Corp.
