Reda, SEG exit Greenwave Technology Solutions (GWAV) with 0% stake
Rhea-AI Filing Summary
Greenwave Technology Solutions, Inc. common stock ownership reported by Joseph Reda and SEG Opportunity Fund, LLC has been updated to show 0 shares beneficially owned, representing 0.0% of the class. Both reporting persons list zero sole or shared voting and dispositive power over the company’s common stock.
The filing is a joint Schedule 13G/A Amendment No. 1 and indicates that each reporting person now owns 5 percent or less of Greenwave’s common stock. They also certify that the securities referenced were not acquired or held for the purpose of changing or influencing control of the issuer.
Positive
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Negative
- None.
Insights
Former significant Greenwave holder now reports 0% ownership.
The filing shows Joseph Reda and SEG Opportunity Fund, LLC now report beneficial ownership of 0 shares of Greenwave Technology Solutions common stock, or 0.0% of the class. All sole and shared voting and dispositive powers are listed as zero.
This suggests a prior sizable position has been reduced so that each reporting person now owns 5 percent or less, eliminating their status as a significant holder. The certification also states the securities were not acquired or held to change or influence control of the company, framing the position change as non‑control oriented.
FAQ
What does the latest Schedule 13G/A say about GWAV ownership by Joseph Reda and SEG Opportunity Fund?
How much of Greenwave Technology Solutions (GWAV) stock do the reporting persons now own?
Who are the reporting persons in the Greenwave Technology Solutions (GWAV) Schedule 13G/A filing?
What do the reporting persons certify about their intent regarding control of Greenwave Technology Solutions (GWAV)?
Does the Schedule 13G/A indicate that the GWAV position is now 5% or less of the class?
AI-generated analysis. How Rhea-AI works. Not financial advice.