Greenwave Technology Solutions Faces Delisting Notice
Ticker: GWAV · Form: 8-K · Filed: Sep 13, 2024 · CIK: 1589149
Sentiment: bearish
Topics: delisting, compliance, regulatory
Related Tickers: GWAV
TL;DR
Greenwave (GWAV) got a delisting notice. Big trouble ahead?
AI Summary
Greenwave Technology Solutions, Inc. filed an 8-K on September 13, 2024, to report a notice of delisting or failure to satisfy a continued listing rule. The company, formerly known as MassRoots, Inc., is incorporated in Delaware and headquartered in Chesapeake, VA.
Why It Matters
This filing indicates potential issues with Greenwave Technology Solutions' compliance with stock exchange listing requirements, which could lead to its shares being delisted.
Risk Assessment
Risk Level: high — A notice of delisting directly threatens the company's ability to remain publicly traded, posing a significant risk to investors.
Key Players & Entities
- Greenwave Technology Solutions, Inc. (company) — Registrant
- MassRoots, Inc. (company) — Former company name
- September 13, 2024 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- Chesapeake, VA (location) — Principal Executive Offices
FAQ
What specific listing rule or standard has Greenwave Technology Solutions failed to satisfy?
The filing does not specify the exact rule or standard that Greenwave Technology Solutions has failed to satisfy, only that a notice of delisting or failure to satisfy a continued listing rule has been issued.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is September 13, 2024.
What was Greenwave Technology Solutions' former company name?
Greenwave Technology Solutions, Inc. was formerly known as MassRoots, Inc.
In which state is Greenwave Technology Solutions, Inc. incorporated?
Greenwave Technology Solutions, Inc. is incorporated in Delaware.
What is the address of Greenwave Technology Solutions' principal executive offices?
The address of Greenwave Technology Solutions' principal executive offices is 4016 Raintree Road, Suite 300, Chesapeake, VA 23321.
Filing Stats: 1,097 words · 4 min read · ~4 pages · Grade level 15.4 · Accepted 2024-09-13 17:12:10
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value GWAV NASDAQ Capital Mark
- $1.00 — mmon stock had closed below the minimum $1.00 per share requirement for continued lis
Filing Documents
- form8-k.htm (8-K) — 38KB
- 0001493152-24-036233.txt ( ) — 211KB
- gwav-20240913.xsd (EX-101.SCH) — 3KB
- gwav-20240913_lab.xml (EX-101.LAB) — 33KB
- gwav-20240913_pre.xml (EX-101.PRE) — 24KB
- 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. Dated: September 13, 2024 Greenwave Technology Solutions, Inc. By: /s/ Danny Meeks Name: Danny Meeks Title: Chief Executive Officer