Nasdaq formally delists Nuvve; trading suspension begins July 24
NVVE has more than doubled off its 52-week low of $3.791 on elevated volume (6.8× avg).
Summary
Nasdaq has formally determined to delist Nuvve Holding Corp., suspending trading on July 24, 2026, after the company failed to meet multiple listing requirements. The stock will move to the OTC Pink market.
Key Events · Legal and Risk Events · NVVE
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Nasdaq Delisting Determination
On July 22, 2026, the Nasdaq Hearings Panel formally determined to delist Nuvve's common stock, with trading suspension effective at the open on July 24, 2026.
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Three Rule Violations Cited
The Panel cited failure to file the Q1 2026 10-Q (Periodic Reporting Rule), failure to maintain a $1.00 bid price (Bid Price Rule), and failure to meet the $2.5 million stockholders' equity requirement (Equity Rule).
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Missed Compliance Deadlines
The Panel had required the 10-Q filing and equity compliance by July 13, 2026, and bid-price compliance for 20 consecutive business days by July 31, 2026 — none of which were met.
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Move to OTC Pink Market
The company expects its stock to begin trading on the Pink Limited Information Tier of OTC Markets under symbol 'NVVE' on July 24, 2026, with plans to apply for OTCID and OTCQB tiers.
Analysis · NVVE · Manufacturing
The Nasdaq Hearings Panel has issued a final delisting determination, suspending trading of Nuvve's common stock effective July 24, 2026. This marks the culmination of months of non-compliance with listing rules — the company failed to file its Q1 2026 10-Q on time, maintain a $1.00 bid price, and meet the $2.5 million stockholders' equity requirement. The Panel had given Nuvve until July 13 to file the 10-Q and fix the equity deficiency, and until July 31 to regain bid-price compliance, but the company did not meet those deadlines. The stock will move to the Pink Limited Information Tier of OTC Markets, a far less liquid and transparent venue. With only $1.7 million in cash as of the last quarter, a going concern warning, and material weaknesses in controls, the delisting removes a critical lifeline for raising capital and signals severe distress.
At the time of this filing, NVVE was trading at $8.62 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $4.5M. The 52-week trading range was $3.79 to $655.20. This filing was assessed with negative market sentiment and an importance score of 10 out of 10.