Nuvve Holding Corp. Announces Pricing of Public Offering of Common Stock to Launch HYPE Treasury Strategy
“We see Hyperliquid as a standout in today’s DeFi landscape, combining deep liquidity, rapid innovation, and a growing user base,� said Gregory Poilasne, CEO of Nuvve. “This allocation aligns with our previously announced commitment to pursuing a cryptocurrency strategy and our conviction that digital infrastructure, like blockchain and tokenized platforms, will increasingly power the energy and financial systems of tomorrow.�
The purchase of HYPE is expected to be made through the Company’s previously announced digital asset subsidiary, in line with its previously disclosed digital treasury strategy of allocating up to
“Hyperliquid’s HYPE token stands out as a game-changer in DeFi in our view,� said James Altucher, Board member of Nuvve and previously announced strategic advisor to Nuvve in relation to the Company’s crypto treasury strategy. “It’s one of the fastest growing Layer-1 blockchains, and we believe its significant trading volume demonstrates a robust platform that prioritizes community and real utility, making it a cornerstone for the future of crypto and decentralized finance.�
“Our move to incorporate HYPE into our digital treasury strategy is part of our ongoing strategic commitment to financial and energy innovation,� added Poilasne. “We believe Hyperliquid has the potential to become a foundational platform in tomorrow’s decentralized economy, one that aligns with our vision for a cleaner, smarter, and more resilient future.�
Lucid Capital Markets is acting as the sole book-running manager for the offering.
All of the shares of common stock to be sold in the offering will be sold by the Company. In addition, the Company has granted the underwriter a 45-day option to purchase up to an additional 754,411 shares of its common stock at the public offering price less the underwriting discounts and commissions. The offering is expected to close on or about July 14, 2025, subject to customary closing conditions.
The Company intends to use net proceeds from this offering for working capital and general corporate purposes, which may include without limitation, strategic investments, mergers and acquisitions of companies, business or assets; acquisitions of cryptocurrencies; the development and implementation of its digital asset treasury strategy; and for general working capital and operational expenditures. The offering is being made pursuant to a shelf registration statement on Form S-3 (File No. 333-288394) filed with the Securities and Exchange Commission (“SEC�) on June 27, 2025, and declared effective by the SEC on July 7, 2025.
A preliminary prospectus supplement and accompanying prospectus relating to the offering have been filed with the SEC and are available on the SEC’s website at . A final prospectus supplement will be filed with the SEC. Copies of the final prospectus supplement and accompanying prospectus relating to the offering, when available, may also be obtained by contacting Lucid Capital Markets, LLC, 570 Lexington Avenue, 40th Floor,
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
About Nuvve Holding Corp.
Nuvve Holding Corp. is a global leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) technology. Nuvve’s platform enables electric vehicles to store and discharge energy, transforming EVs into mobile energy resources and helping to stabilize the grid. Nuvve’s mission is to lower the cost of EV ownership while supporting the transition to a cleaner, more resilient energy infrastructure.
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Source: Nuvve Holding Corp.