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Energy Electric Vehicle Company Nuvve Plans to Raise $4.8 Million to Establish HYPE Token Reserve, Intends to Invest 30% of Idle Funds in Bitcoin
Summary: According to reports from businesswire, NASDAQ-listed clean energy electric vehicle charging technology company Nuvve announced a public offering of 5,029,403 shares of common stock at a price of $0.95 per share, raising approximately $4.8 million. Lucid Capital Markets is serving as the bookrunner for this offering. Nuvve stated that the funds raised will be used ...
According to reports from businesswire, NASDAQ-listed clean energy electric vehicle charging technology company Nuvve announced a public offering of 5,029,403 shares of common stock at a price of $0.95 per share, raising approximately $4.8 million. Lucid Capital Markets is serving as the bookrunner for this offering. Nuvve stated that the funds raised will be used to purchase Hyperliquid's native token HYPE to establish a token reserve. The company previously disclosed that management has developed a digital financial strategy and plans to allocate 30% of idle funds to Bitcoin.
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Link: Energy Electric Vehicle Company Nuvve Plans to Raise $4.8 Million to Establish HYPE Token Reserve, Intends to Invest 30% of Idle Funds in Bitcoin [Copy]
