/C O R R E C T I O N -- Nuvve Corporation/

In the news release, Nuvve Holding Corp. Announces Pricing of $2.066 Registered Direct Offering Priced At-the-Market, issued 26-Oct-2023 by Nuvve Corporation over PR Newswire, we are advised by the company that the headline should read “Nuvve Holding Corp. Announces Pricing of $2.066 Million Registered Direct Offering Priced At-the-Market” rather than “Nuvve Holding Corp. Announces Pricing of $2.066 Registered Direct Offering Priced At-the-Market” as originally issued inadvertently. The complete, corrected release follows:

Nuvve Holding Corp. Announces Pricing of $2.066 Million Registered Direct Offering Priced At-the-Market

San Diego (Oct 26, 2023) /PRNewswire/ —Nuvve Holding Corp. (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, today announced that it has entered into a definitive agreement with a single institutional investor for the purchase and sale of 13,772,940 shares of common stock and pre-funded warrants to acquire common stock in a registered direct offering. The purchase price of each share is $0.15 priced yesterday at-the-market under Nasdaq rules. The purchase price for the pre-funded warrants is equivalent to the purchase price for the shares, less the exercise price of $0.0001.

The aggregate gross proceeds to the Company are expected to be approximately $2.066 million. The transaction is expected to close on or about October 27, 2023, subject to the satisfaction of customary closing conditions.

Aegis Capital Corp. is acting as the Exclusive Placement Agent.
The registered direct offering is being made pursuant to an effective shelf registration statement on Form S-3 (No. 333-264462) declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on May 5, 2022. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email at syndicate@aegiscap.com, or by telephone at (212) 813-1010.

Before investing in this offering, interested parties should read in their entirety the prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or 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 jurisdiction.