TechFlow news, July 13 — According to BusinessWire, Nuvve, a Nasdaq-listed clean energy electric vehicle charging technology company, announced the public offering of 5,029,403 shares of common stock at $0.95 per share, raising approximately $4.8 million. Lucid Capital Markets acted as book-running manager for the offering. Nuvve stated that the proceeds will be used to purchase Hyperliquid’s native token HYPE to establish a token reserve. The company previously disclosed that its management has formulated a digital financial strategy and plans to allocate 30% of its idle cash to Bitcoin.
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