Greenwave Tech Announces Board and Officer Changes
Ticker: GWAV · Form: 8-K · Filed: Jan 31, 2025 · CIK: 1589149
Sentiment: neutral
Topics: management-change, board-of-directors, officer-appointment
TL;DR
Greenwave Tech reshuffled its board and exec team on Jan 28th.
AI Summary
Greenwave Technology Solutions, Inc. announced on January 28, 2025, changes in its board and officer appointments. The filing details the departure of certain directors and officers, the election of new directors, and updates to compensatory arrangements for key personnel. These changes are effective as of January 28, 2025.
Why It Matters
Changes in board composition and officer appointments can signal shifts in company strategy, governance, and future direction.
Risk Assessment
Risk Level: medium — Board and executive changes can introduce uncertainty regarding future strategy and leadership stability.
Key Players & Entities
- Greenwave Technology Solutions, Inc. (company) — Registrant
- January 28, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 001-41452 (identifier) — Commission File Number
- 46-2612944 (identifier) — I.R.S. Employer Identification No.
- 4016 Raintree Road, Suite 300, Chesapeake, VA 23321 (address) — Principal executive offices
FAQ
What specific roles have been affected by the officer and director changes?
The filing indicates the departure of certain directors and officers, the election of new directors, and updates to compensatory arrangements for certain officers, but does not specify the exact roles affected in this summary.
When were these changes officially reported?
The report was filed as of January 31, 2025, with the earliest event reported on January 28, 2025.
What is the primary business of Greenwave Technology Solutions, Inc.?
Greenwave Technology Solutions, Inc. is classified under SIC code 5051 as Wholesale-Metals Service Centers & Offices.
Has the company undergone a name change previously?
Yes, the company was formerly known as MassRoots, Inc., with a date of name change on October 11, 2013.
Where are Greenwave Technology Solutions, Inc.'s principal executive offices located?
The principal executive offices are located at 4016 Raintree Road, Suite 300, Chesapeake, VA 23321.
Filing Stats: 799 words · 3 min read · ~3 pages · Grade level 11.4 · Accepted 2025-01-31 16:05:12
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value GWAV The Nasdaq Stock Mar
- $10,000 — . Ms. Lucas-Burke will be compensated $10,000 quarterly for her services as a directo
Filing Documents
- form8-k.htm (8-K) — 40KB
- 0001493152-25-004406.txt ( ) — 212KB
- gwav-20250128.xsd (EX-101.SCH) — 3KB
- gwav-20250128_lab.xml (EX-101.LAB) — 33KB
- gwav-20250128_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 28, 2025, Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") increased the number of directors comprising its Board of Directors ("Board") from four to five members and appointed Lisa Lucas-Burke as a member of the Board and as a member of the Audit Committee, Compensation Committee, and Nomination and Corporate Governance Committee (collectively, the "Committees"), effective immediately. Ms. Lucas-Burke is deemed an "independent" director as such term is defined by the rules of The Nasdaq Stock Market LLC. There are no family relationships between Ms. Lucas-Burke and any of our other officers and directors. Ms. Lucas-Burke will serve until the Company's 2025 Annual Meeting of stockholders or until her successor has been duly elected and qualified. Ms. Lucas-Burke will be compensated $10,000 quarterly for her services as a director and member of the Committees. Ms. Lisa Lucas-Burke - Ms. Lucas-Burke began her career with the City of Portsmouth in the Information Technology Department in 1988, ultimately as a Computer Programmer Analyst. In 2000, Ms. Lucas-Burke joined her family business of Lucas Lodge, where she currently serves as Executive Director and business partner with her mother, Senator L. Louise Lucas. Lucas-Burke was appointed to the Economic Development Authority in 2010 by the City Council, where she was an EDA Commissioner for 6 years and ultimately achieved the position of Chairman of the Board. Ms. Lucas-Burke was elected to Portsmouth City Council in 2016 and was re-elected in 2020. During Lucas-Burke's eight-year tenure on the Portsmouth City Council, she was unanimously voted in twice to serve as Vice Mayor by her City Council Colleagues. A graduate of Norfolk State University, Ms. Lucas-Burke holds a Bachelor of Science Degree in Electronics Enginee
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. January 31, 2025 By: /s/ Danny Meeks Name: Danny Meeks Title: Chief Executive Officer