Greenwave Technology (NASDAQ: GWAV) regains Nasdaq bid price compliance
Rhea-AI Filing Summary
Greenwave Technology Solutions, Inc. reported that on September 9, 2025 it received formal notice from Nasdaq that it has regained compliance with the exchange’s minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). This means its common stock once again meets Nasdaq’s continued listing standards tied to share price, and Nasdaq has closed the previously disclosed listing matter.
The update removes an outstanding compliance issue that could have affected Greenwave’s Nasdaq Capital Market listing status.
Positive
- Nasdaq compliance restored: Greenwave received notice on September 9, 2025 that it regained compliance with Nasdaq’s minimum bid price rule, and the related listing matter was closed, reducing near-term delisting risk.
Negative
- None.
Insights
Greenwave has cleared a Nasdaq bid-price compliance issue, reducing delisting risk.
Greenwave Technology Solutions received formal confirmation from Nasdaq on
The notice also states that the previously disclosed listing matter has been closed, indicating that no active Nasdaq deficiency remains on this specific issue. For shareholders, continued listing on Nasdaq can be important because many institutional investors and trading platforms rely on major exchange listings when determining eligibility.
While the filing does not describe how compliance was regained, the key takeaway is that the immediate risk tied to this particular Nasdaq deficiency has been removed as of