Greenwave Tech Solutions Files 8-K/A Amendment
Ticker: GWAV · Form: 8-K/A · Filed: Apr 2, 2024 · CIK: 1589149
Sentiment: neutral
Topics: amendment, material-agreement, equity-sale
TL;DR
Greenwave Tech filed an 8-K/A amendment on 3/29, updating material agreements and equity sales.
AI Summary
Greenwave Technology Solutions, Inc. filed an 8-K/A amendment on March 29, 2024, related to a material definitive agreement and unregistered sales of equity securities. The filing also addresses modifications to security holder rights and amendments to its articles of incorporation or bylaws. This amendment provides updated information regarding these significant corporate events.
Why It Matters
This amendment provides crucial updates on material agreements and equity sales, impacting the rights and structure of Greenwave Technology Solutions' securities.
Risk Assessment
Risk Level: medium — Amendments to material agreements and equity sales can indicate significant corporate changes or financial activities that may affect the company's risk profile.
Key Players & Entities
- Greenwave Technology Solutions, Inc. (company) — Registrant
- March 29, 2024 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- 001-41452 (filing_id) — Commission File Number
FAQ
What specific material definitive agreement is being amended or reported on in this 8-K/A filing?
The filing indicates an 'Entry into a Material Definitive Agreement' as an item information, but the specific details of the agreement are not provided in the provided text.
What type of unregistered sales of equity securities are being disclosed?
The filing lists 'Unregistered Sales of Equity Securities' as an item information, but the specifics of these sales are not detailed in the provided text.
How are the rights of security holders being modified according to this amendment?
The filing mentions 'Material Modifications to Rights of Security Holders' as an item information, but the nature of these modifications is not elaborated in the provided text.
What amendments are being made to Greenwave Technology Solutions' articles of incorporation or bylaws?
The filing notes 'Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year' as an item information, but the specific changes are not detailed in the provided text.
What is the purpose of filing an 8-K/A amendment instead of a standard 8-K?
An 8-K/A is an amendment to a previously filed 8-K, indicating that the company is correcting or adding information to a report that has already been submitted to the SEC.
Filing Stats: 1,185 words · 5 min read · ~4 pages · Grade level 11.6 · Accepted 2024-04-02 15:55:23
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value GWAV NASDAQ Capital Mark
- $10,000,000 — e Company and Holder agreed to exchange $10,000,000 of that certain Secured Promissory Note
- $0.204 — ible into the Company's common stock at $0.204 per share, subject to adjustment as set
- $2,809,568 — he exercise of warrants for proceeds of $2,809,568. The Company issued 27,544,788 Induceme
- $2,066,740 — ertible debt in the principal amount of $2,066,740. The shares underlying the debt were co
- $2.5 million — as regained compliance with the minimum $2.5 million stockholders' equity requirement and sa
- $5 million — y requirement and satisfies the minimum $5 million equity requirement for initial listing
Filing Documents
- form8-ka.htm (8-K/A) — 48KB
- ex3-1.htm (EX-3.1) — 93KB
- ex10-1.htm (EX-10.1) — 57KB
- 0001493152-24-012754.txt ( ) — 407KB
- gwav-20240329.xsd (EX-101.SCH) — 3KB
- gwav-20240329_lab.xml (EX-101.LAB) — 33KB
- gwav-20240329_pre.xml (EX-101.PRE) — 22KB
- form8-ka_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GREENWAVE TECHNOLOGY SOLUTIONS, INC. By: /s/ Danny Meeks Name: Danny Meeks Title: Chief Executive Officer Date: April 2, 2024