Nuvve shares are trading lower after the company announced pricing of a $2.066 million registered direct offering priced at-the-market.
Portfolio Pulse from Benzinga Newsdesk
Nuvve Corporation has announced the pricing of a $2.066 million registered direct offering priced at-the-market, which has led to a decrease in its share price.
October 26, 2023 | 3:58 pm
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Nuvve's stock price is trading lower after the company announced a $2.066 million registered direct offering priced at-the-market.
The announcement of a registered direct offering often leads to a decrease in the company's stock price as it dilutes the value of existing shares. In this case, Nuvve's announcement of a $2.066 million offering priced at-the-market has led to a decrease in its share price.
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