Greenwave Technology Solutions, Inc. filings document regulatory and governance matters for a Nasdaq-listed Delaware corporation operating metal recycling facilities through Empire Services, Inc. Form 8-K reports in the record focus on Nasdaq continued-listing standards, including Item 3.01 notices tied to periodic-report filing requirements and Item 8.01 updates on listing compliance matters.
The filing record also includes Form 12b-25 notifications for delayed Form 10-K and Form 10-Q reports and an Item 5.02 Form 8-K covering the appointment of a chief financial officer and related outsourced bookkeeping, financial reporting and SEC reporting services. These disclosures describe reporting obligations, officer responsibilities, governance actions and public-company compliance risks for GWAV.
Greenwave Technology Solutions, Inc. (GWAV) has notified the SEC that it will not be able to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025 by the required deadline. The company states that it needs additional time to finalize the financial statements and disclosures for this report.
The company also discloses that its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025 remain unfiled, and it is working to complete the necessary steps to finish those financial statements and disclosures. Greenwave further indicates that it does not expect to file the September 30, 2025 Form 10-Q within the standard short extension period available under Rule 12b-25, signaling a continuing delay in its periodic reporting.
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.
Greenwave Technology Solutions, Inc. received a new delinquency notice from Nasdaq because it did not file its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025. These two reports are referred to as the delinquent filings.
Nasdaq staff has given the company until September 8, 2025 to submit an updated plan to regain compliance with the Nasdaq rule that requires timely filing of periodic reports. If Nasdaq accepts this revised plan, it may grant an exception of up to 180 days from the original due date of the Q1 report, potentially extending to November 17, 2025 for the company to become current.
The notice and current non-compliance do not immediately affect the listing or trading of Greenwave’s common stock, which continues on The Nasdaq Capital Market under the symbol GWAV. The company states that it is working diligently to complete and file the delinquent reports and warns that there is no assurance it will meet Nasdaq’s ongoing listing standards, including the minimum bid price requirement.
Greenwave Technology Solutions, Inc. approved and implemented a reverse stock split of its common stock at a ratio of 1-for-110. The change was effected by a Certificate of Amendment to its charter on August 20, 2025 and became effective at 5:00 p.m. Eastern on August 22, 2025, with the stock beginning to trade on a split-adjusted basis on August 25, 2025.
The reverse split applies uniformly to all holders and is intended to keep each stockholder’s percentage ownership roughly the same, apart from minor adjustments due to the treatment of fractional shares, which will be rounded up to the next whole share. The number of authorized common shares and all authorized, issued and outstanding preferred shares remains unchanged. The company also assigned a new CUSIP number for its common stock following the split.
Greenwave Technology Solutions, Inc. has filed a late-filing notice stating it cannot submit its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 by the required deadline without unreasonable effort or expense. The company explains that it needs additional time to finalize the financial statements and related disclosures for this report.
Greenwave also notes that it has not yet filed its Form 10-Q for the quarter ended March 31, 2025 and is still working to complete the necessary financial statements and disclosures for that earlier period. The company further states that it does not anticipate being able to file the June 30, 2025 Form 10-Q within the standard short extension period normally allowed after this type of notification.
Anson-affiliated investors — Anson Funds Management LP, Anson Management GP LLC, Anson Advisors Inc., Tony Moore, Amin Nathoo and Moez Kassam — report shared beneficial ownership of 3,212,670 shares of Greenwave Technology Solutions common stock, representing 4.9% of the issued and outstanding class when accounting for common shares underlying warrants. The holdings are presented as shared voting and dispositive power (no sole voting or dispositive power reported). The filing notes that each warrant contains a beneficial ownership limitation preventing exercise above certain ownership thresholds.