Greenwave Tech Solutions Files 8-K with Key Agreements
Ticker: GWAV · Form: 8-K · Filed: Jun 11, 2024 · CIK: 1589149
Sentiment: neutral
Topics: material-agreement, equity-sale, filing
Related Tickers: GWAV
TL;DR
Greenwave Tech (GWAV) filed an 8-K on June 11th detailing material agreements and equity sales.
AI Summary
Greenwave Technology Solutions, Inc. filed an 8-K on June 11, 2024, reporting on a material definitive agreement, unregistered sales of equity securities, and financial statements. The filing details events that occurred on June 10, 2024, and includes information about the company's principal executive offices in Chesapeake, VA.
Why It Matters
This 8-K filing provides crucial updates on material agreements and equity transactions, which can significantly impact the company's financial standing and future operations.
Risk Assessment
Risk Level: medium — The filing involves unregistered sales of equity securities, which can sometimes indicate dilution or financial distress, warranting closer examination.
Key Players & Entities
- Greenwave Technology Solutions, Inc. (company) — Registrant
- June 10, 2024 (date) — Date of earliest event reported
- June 11, 2024 (date) — Filing date
- Chesapeake, VA (location) — Principal executive offices location
FAQ
What specific material definitive agreement was entered into by Greenwave Technology Solutions, Inc. on or around June 10, 2024?
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 header information.
What was the nature of the unregistered sales of equity securities reported in this 8-K?
The filing lists 'Unregistered Sales of Equity Securities' as an item information, but the specifics of these sales, including the number of shares and price, are not detailed in the provided header.
What financial statements or exhibits are included with this 8-K filing?
The filing lists 'Financial Statements and Exhibits' as an item information, suggesting these documents are part of the submission, but their content is not detailed in the header.
What is Greenwave Technology Solutions, Inc.'s IRS Employer Identification Number?
The company's IRS Employer Identification Number is 46-2612944.
What was Greenwave Technology Solutions, Inc.'s former company name?
The former company name was MassRoots, Inc., with a date of name change on October 11, 2013.
Filing Stats: 1,246 words · 5 min read · ~4 pages · Grade level 12.7 · Accepted 2024-06-11 09:25:41
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value GWAV NASDAQ Capital Mark
- $15.3 m — "), for gross proceeds of approximately $15.3 million, before deducting the placement a
- $3.035 — o purchase one share of Common Stock is $3.035. The sale and offering of the Shares
- $2.91 — ercisable and have an exercise price of $2.91 per share. The Warrants will expire fiv
- $918,673 — o pay the Placement Agent a cash fee of $918,673, equal to 6% of the aggregate gross pro
- $25,000 — s, including legal fees and expenses of $25,000 in the aggregate. In addition, the Comp
- $3.79375 — Offering and an exercise price equal to $3.79375 per share. A copy of the form of the
Filing Documents
- form8-k.htm (8-K) — 46KB
- ex4-1.htm (EX-4.1) — 125KB
- ex4-2.htm (EX-4.2) — 131KB
- ex10-1.htm (EX-10.1) — 263KB
- 0001493152-24-023418.txt ( ) — 854KB
- gwav-20240610.xsd (EX-101.SCH) — 3KB
- gwav-20240610_lab.xml (EX-101.LAB) — 33KB
- gwav-20240610_pre.xml (EX-101.PRE) — 22KB
- form8-k_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: June 11, 2024 4