Nasdaq-listed energy company Nuvve plans to raise $4.80 million to build a reserve of HYPE tokens
2025-07-13 02:40:19
Nuvve, a Nasdaq-listed clean energy electric vehicle charging technology company, announced the issuance of 5,029,403 ordinary shares at a public offering price of $0.95 per share, raising a total of about $4.80 million. Lucid Capital Markets acted as the bookrunner of the offering. Nuvve said it will use the funds to purchase and establish Hyperliquid native token HYPE to establish a reserve of HYPE tokens. The company has previously disclosed that management has decided to establish a digital financial strategy and intends to use 30% of the idle funds to purchase bitcoin.
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