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New Deal


Announced

Completed

Nuvve went public via the merger with Newborn Acquisition in a $132m deal.

Financials

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Transaction Value£95m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Majority

Completed

Single Bidder

United States

De-SPAC

vehicle-to-grid

technology

Auto Technology

Merger

Private

Domestic

Synopsis

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Nuvve, a vehicle-to-grid platform operator, went public via the merger with Newborn Acquisition, a publicly-traded SPAC, in a $132m deal. "With a global portfolio of key V2G technology patents covering bidirectional capabilities and grid services with aggregated electric vehicles, I believe we are ideally positioned to help usher in the electric vehicle revolution and be the leading solutions provider for years to come," Gregory Poilasne, Nuvve Chairman and CEO.

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