BRIEF-Nuvve To Become Publicly Listed Company

Nov 12 (Reuters) - Newborn Acquisition Corp :
* NUVVE TO BECOME PUBLICLY LISTED COMPANY TO ACCELERATE WORLDWIDE COMMERCIALIZATION OF ITS VEHICLE-TO-GRID (V2G) TECHNOLOGY
* NEWBORN ACQUISITION CORP - INSTITUTIONAL INVESTORS COMMIT TO INVEST APPROXIMATELY $18 MILLION IN AGGREGATE VIA A PIPE, BRIDGE FINANCING
* NEWBORN ACQUISITION CORP - COMBINED COMPANY WILL BE NAMED NUVVE HOLDING CORP.
* NEWBORN ACQUISITION CORP - COMBINED COMPANY EXPECTED TO REMAIN LISTED ON NASDAQ UNDER TICKER SYMBOL "NVVE".
* NEWBORN ACQUISITION CORP - GREGORY POILASNE, CEO AND CHAIRMAN OF NUVVE CORPORATION, WILL LEAD COMBINED COMPANY
* NEWBORN ACQUISITION CORP - NEWBORN IS COMBINING WITH NUVVE AT A TRANSACTION VALUE OF APPROXIMATELY $102 MILLION
* NEWBORN ACQUISITION CORP - PIPE INVESTORS WILL ACQUIRE NUVVE HOLDING SHARES AT $10.00 PER SHARE

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