Nuvve receives Nasdaq delisting notice for late quarterly filing
Nuvve Holding Corp. (NASDAQ: NVVE) received a delisting notice from Nasdaq on May 22, 2026, for failing to file its quarterly report for the period ended March 31, 2026.
The notice from Nasdaq's Listing Qualifications Department stated the company violated Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports for continued listing. This represents an additional basis for delisting beyond the company's existing compliance issues.
Nuvve was already subject to Nasdaq review because its stock price fell below $1.00 per share for 30 consecutive trading days, violating Listing Rule 5550(a)(2). The company has until May 29, 2026, to request a stay of suspension pending a hearing panel decision.
According to the notice, requesting a hearing for the delinquent filing will stay the suspension for only 15 days from the request date. The hearing panel will review any extended stay request and notify the company within 15 calendar days of the deadline.
Nuvve stated it intends to request a stay of suspension and is working to satisfy Nasdaq's requirements. The company said if it regains compliance before any scheduled hearing, the hearing process may be unnecessary.
The company indicated it plans to take measures to regain compliance and maintain its Nasdaq listing, according to the press release statement.
