Newborn Acquisition Corp

Newborn Acquisition Corp is a blank-check company (SPAC) that raised $50M in its initial public offering on Feb 14, 2020, listing on Nasdaq Capital Market. It completed its business combination with Nuvve Corporation on Mar 25, 2021; the combined company is Nuvve Holding Corp. (NVVE). Loeb & Loeb advised the SPAC and Greenberg Traurig advised the underwriters on the IPO.

Nuvve Corporation is a San Diego-based green energy technology company. Its mission is to lower the cost of electric vehicle ownership while supporting the integration of renewable energy sources such as solar and wind.

Status

Merger completed

IPO date

Feb 14, 2020

IPO size

$50M

IPO exchange

Nasdaq Capital Market

Target

Nuvve Corporation

Announced

Nov 12, 2020

Closed

Mar 25, 2021

Combined company

Nuvve Holding Corp. (NVVE)

SPAC counsel (IPO)

Loeb & Loeb and Maples and Calder

Underwriters' counsel (IPO)

Greenberg Traurig