SCHEDULE: Hewlett Fund Reports 9.99% Stake in Nuvve Holding Corp.

The Hewlett Fund LP has disclosed beneficial ownership of 57,648 shares, representing 9.99% of Nuvve Holding Corp.'s common stock, as of July 16, 2026.

Summary

• The Hewlett Fund LP has filed a Schedule 13G, indicating it beneficially owns 57,648 shares of Nuvve Holding Corp. common stock.
• This ownership stake represents 9.99% of the total outstanding shares.
• The filing date is July 16, 2026, and the information is based on 577,064 shares outstanding as of June 30, 2026.
• The Hewlett Fund LP has sole voting power and sole dispositive power over these shares.
• The fund's ownership is subject to a contractual 9.99% ownership restriction, meaning full exercise of its securities would exceed this limit.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports an existing ownership stake and does not contain operational or financial performance updates for Nuvve Holding Corp.

Positives

• The Hewlett Fund LP has taken a significant stake in Nuvve Holding Corp., potentially signaling confidence in the company's future.
• The fund holds sole voting and dispositive power, indicating direct control over its investment.

Negatives

• The ownership is capped at 9.99% due to contractual restrictions, limiting further potential influence or investment by The Hewlett Fund LP.
• The filing does not provide details on the acquisition cost or strategy behind this investment.

Risks

• The contractual 9.99% ownership restriction could limit The Hewlett Fund LP's ability to increase its stake or influence the company beyond this threshold.
• Potential for future changes in The Hewlett Fund LP's investment strategy or market conditions could lead to a reduction in their holdings.

Future Outlook

The filing does not contain forward-looking statements or guidance from Nuvve Holding Corp. It solely reports the ownership stake of The Hewlett Fund LP.

Management Comments

• "The aggregate amount in Row 9 represents the maximum amount of shares that The Hewlett Fund LP can beneficially control under a contractually stipulated 9.99% ownership restriction. The full exercise of The Hewlett Fund LP's securities would exceed this restriction."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors acquiring significant stakes in public companies, often signaling a belief in the company's growth prospects or a strategic investment. The 9.99% threshold is frequently utilized to avoid triggering stricter reporting requirements associated with control-seeking investments.

Stakeholder Impact

• Shareholders: The increased institutional interest, as indicated by this filing, could potentially influence market perception and stock liquidity.
• Management: The filing confirms a significant passive investor, which may impact future strategic discussions if the investor seeks to increase its stake within limits.

Next Steps

• The Hewlett Fund LP will continue to monitor its investment in Nuvve Holding Corp.
• Nuvve Holding Corp. will continue its operations as disclosed in its other SEC filings.

Key Dates

Keywords

Nuvve Holding Corp., Schedule 13G, The Hewlett Fund LP, Beneficial Ownership, Common Stock, SEC Filing, Investment, Ownership Stake