According to online reports, Nuvve, a Nasdaq-listed clean energy electric vehicle charging technology company, announced the issuance of 5,029,403 ordinary shares at a public offering price of US$0.95 per share, raising a total of approximately US$4.8 million. Lucid Capital Markets serves as the bookrunner for the offering. Nuvve said it will use the funds to purchase and establish Hyperliquid native token HYPE to establish a HYPE token reserve reserve. The company has previously disclosed that management has decided to establish a digital financial strategy and plans to use 30% of idle funds to purchase Bitcoin.