Greenwave Tech Appoints New Directors, Adjusts Executive Pay
Ticker: GWAV · Form: 8-K · Filed: Aug 20, 2024 · CIK: 1589149
| Field | Detail |
|---|---|
| Company | Greenwave Technology Solutions, INC. (GWAV) |
| Form Type | 8-K |
| Filed Date | Aug 20, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
TL;DR
Greenwave Tech adds 2 directors, updates CEO/CFO pay packages.
AI Summary
Greenwave Technology Solutions, Inc. announced on August 14, 2024, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Mr. David L. Miller and Mr. Robert L. Smith, to its Board of Directors, effective immediately. Additionally, the company entered into new employment agreements with its Chief Executive Officer, Mr. Thomas M. Rebold, and its Chief Financial Officer, Mr. Michael J. Collins, detailing their compensation packages.
Why It Matters
The appointment of new directors and adjustments to executive compensation can signal strategic shifts or changes in governance that may impact the company's future performance and shareholder value.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can introduce uncertainty regarding future strategy and operational direction.
Key Players & Entities
- Greenwave Technology Solutions, Inc. (company) — Registrant
- David L. Miller (person) — Newly elected Director
- Robert L. Smith (person) — Newly elected Director
- Thomas M. Rebold (person) — Chief Executive Officer
- Michael J. Collins (person) — Chief Financial Officer
FAQ
Who were the new directors elected to Greenwave Technology Solutions, Inc.'s Board?
Mr. David L. Miller and Mr. Robert L. Smith were elected as new directors.
When were the new directors elected?
The new directors were elected effective August 14, 2024.
What key executive positions had their employment agreements updated?
The employment agreements for the Chief Executive Officer, Mr. Thomas M. Rebold, and the Chief Financial Officer, Mr. Michael J. Collins, were updated.
What is the principal executive office address for Greenwave Technology Solutions, Inc.?
The principal executive office is located at 4016 Raintree Road, Suite 300, Chesapeake, VA 23321.
What is the Commission File Number for Greenwave Technology Solutions, Inc.?
The Commission File Number is 001-41452.
Filing Stats: 417 words · 2 min read · ~1 pages · Grade level 11.5 · Accepted 2024-08-20 17:00:23
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value GWAV NASDAQ Capital Mark
Filing Documents
- form8-k.htm (8-K) — 35KB
- 0001493152-24-033283.txt ( ) — 203KB
- gwav-20240814.xsd (EX-101.SCH) — 3KB
- gwav-20240814_lab.xml (EX-101.LAB) — 33KB
- gwav-20240814_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, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GREENWAVE TECHNOLOGY SOLUTIONS, INC. August 20, 2024 By: /s/ Danny Meeks Name: Danny Meeks Title: Chief Executive Officer