Greenwave Tech Files 8-K on Agreements & Equity Sales
Ticker: GWAV · Form: 8-K · Filed: Feb 11, 2025 · CIK: 1589149
Sentiment: neutral
Topics: material-agreement, equity-sale, corporate-action
TL;DR
Greenwave Tech filed an 8-K detailing a material agreement and equity sales.
AI Summary
Greenwave Technology Solutions, Inc. filed an 8-K on February 11, 2025, reporting on a material definitive agreement, unregistered sales of equity securities, and financial statements. The filing was made as of February 10, 2025, and details events occurring on that date. The company, formerly known as MassRoots, Inc., is incorporated in Delaware and headquartered in Chesapeake, VA.
Why It Matters
This 8-K filing indicates significant corporate actions, including potential new agreements and the issuance of equity, which could impact the company's financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing mentions unregistered sales of equity securities, which can sometimes indicate dilution or less favorable terms for existing shareholders.
Key Players & Entities
- Greenwave Technology Solutions, Inc. (company) — Registrant
- MassRoots, Inc. (company) — Former company name
- February 10, 2025 (date) — Date of earliest event reported
- February 11, 2025 (date) — Filing date
- Delaware (jurisdiction) — State of incorporation
- Chesapeake, VA (location) — Principal executive offices
FAQ
What is the nature of the material definitive agreement mentioned in the filing?
The filing indicates a material definitive agreement was entered into, but the specific details of this agreement are not provided in the provided text.
What were the terms of the unregistered sales of equity securities?
The filing confirms unregistered sales of equity securities occurred, but the specific terms, number of shares, or price are not detailed in the provided text.
What financial statements are included with this 8-K filing?
The filing lists 'Financial Statements and Exhibits' as an item information, but the specific financial statements are not detailed in the provided text.
When did Greenwave Technology Solutions, Inc. change its name from MassRoots, Inc.?
The company's name was changed from MassRoots, Inc. on October 11, 2013.
What is Greenwave Technology Solutions, Inc.'s Standard Industrial Classification code?
The company's Standard Industrial Classification code is 5051, which corresponds to Wholesale-Metals Service Centers & Offices.
Filing Stats: 1,453 words · 6 min read · ~5 pages · Grade level 12.9 · Accepted 2025-02-11 06:02:31
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value GWAV NASDAQ Capital Mark
- $7 m — "), for gross proceeds of approximately $7 million, before deducting the placement a
- $0.3337 — o purchase one share of Common Stock is $0.3337. The sale and offering of the Shares
- $0.50 — the Common Stock is quoted at or above $0.50 per share. The Company currently inte
- $10,000 — tain expenses, including legal fees, of $10,000 in the aggregate. In addition, the Comp
- $0.417125 — ts will have an exercise price equal to $0.417125 per share. The legal opinion of Pryor
Filing Documents
- form8-k.htm (8-K) — 49KB
- ex4-1.htm (EX-4.1) — 143KB
- ex4-2.htm (EX-4.2) — 139KB
- ex5-1.htm (EX-5.1) — 14KB
- ex10-1.htm (EX-10.1) — 255KB
- ex5-1_001.jpg (GRAPHIC) — 24KB
- ex5-1_002.jpg (GRAPHIC) — 6KB
- 0001493152-25-005772.txt ( ) — 936KB
- gwav-20250210.xsd (EX-101.SCH) — 3KB
- gwav-20250210_lab.xml (EX-101.LAB) — 33KB
- gwav-20250210_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: February 11, 2025