09:48 AM EST - Nuvve Holding Corp. : Announced the launch of its new company in Japan, NUVVE Japan. This milestone marks the debut of Nuvve’s franchise business model, a strategic initiative to foster localized investment and accelerate international expansion. Nuvve enables local entities and investors to participate in the company’s growth by partially owning the regional business. This model ensures local investors can focus on market-specific opportunities while also offering the flexibility to participate in the future ownership of Nuvve Holding Corp.'s common stock. Additionally, investors can execute non-diluted actions upon exit, ensuring they can maximize returns without impacting existing shareholders. “This business model allows us to address new opportunities worldwide while mitigating our risks to our shareholders,” said Gregory Poilasne, CEO and Founder of Nuvve. “This is a win-win opportunity for the local investors who can benefit from Nuvve’s local success and for Nuvve to scale the business with localized sources of capital.” Nuvve Holding Corp.
shares N.NVVE are trading up 15 cents at $1.78.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=NVVE&qmodStoryID=6721395412129995
