Greenwave Technology Solutions Files Definitive Proxy Statement

TL;DR

GWAV proxy statement filed. Shareholders vote on company matters.

AI Summary

Greenwave Technology Solutions, Inc. filed a Definitive Proxy Statement (DEF 14A) on June 5, 2024. This filing provides information to shareholders regarding company matters, likely including the annual meeting, director elections, and executive compensation. The company was formerly known as MassRoots, Inc. and is incorporated in Delaware.

Why It Matters

This filing is crucial for shareholders as it outlines important corporate governance information and proposals that will be voted on, impacting the company's direction and management.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEF 14A) and does not inherently present new financial risks.

Key Players & Entities

• Greenwave Technology Solutions, Inc. (company) — Registrant
• MassRoots, Inc. (company) — Former company name
• June 5, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $0.001 — Company’s Common Stock, par value $0.001 (the “Common Stock”), avail

Filing Documents

• formdef14a.htm (DEF 14A) — 300KB
• formdef14a_001.jpg (GRAPHIC) — 248KB
• 0001493152-24-022324.txt ( ) — 643KB

From the Filing

DEF 14A 1 formdef14a.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (RULE 14a-101) Proxy Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to Rule Sec.240.14a-12 GREENWAVE TECHNOLOGY SOLUTIONS, INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required Fee computed on table below per Exchange Act Rules 14a-6(i) (1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: Fee paid previously with preliminary materials: Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount previously paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: Greenwave Technology Solutions, Inc. 4016 Raintree Rd, Suite 300 Chesapeake, VA 23321 (800) 490-5020 NOTICE OF SPECIAL MEETING OF STOCKHOLDERS To be Held on July 19, 2024 To the Stockholders of Greenwave Technology Solutions, Inc.: NOTICE IS HEREBY GIVEN that a Special Meeting of Stockholders (the “Special Meeting”) of Greenwave Technology Solutions, Inc., a Delaware corporation (the “Company”), will be held on July 19, 2024 at 4:30 p.m. Eastern Time. The Special Meeting will be a virtual meeting to be held as a listen-only conference call by calling 877-407-3088 (Toll Free) or by visiting www.GWAV.vote. There will not be a physical meeting location. If you encounter any technical difficulties with the virtual meeting platform on the meeting day, please call 877-804-2062 (toll free) or email proxy@equitystock.com. The principal business of the meeting will be: 1. To approve the adoption of an amendment to the Company’s Amended and Restated By-laws to decrease the number of shares of Common Stock needed to establish a quorum for meetings of stockholders; 2. To approve an amendment to the Company’s 2024 Equity Incentive Plan to increase the number of shares of the Company’s Common Stock, par value $0.001 (the “Common Stock”), available and reserved for issuance thereunder to 3,000,000, subject to certain conditions; 3. To approve the issuance of warrants to purchase up to an aggregate of 3,104,382 shares of Common Stock, and the issuance of the shares of Common Stock issuable upon the exercise of such warrants, in accordance with Nasdaq Listing Rule 5635(d); 4. To approve the adjournment of the Special Meeting, if necessary or advisable, to solicit additional proxies in favor of the foregoing proposals if there are not sufficient votes to approve the foregoing proposals; and 5. To transact such other business as may be properly brought before the Special Meeting and any adjournments thereof. You may vote if you were the record owner of shares of the Company’s Common Stock, at the close of business on May 20, 2024. The Board of Directors of the Company has fixed the close of business on May 20, 2024 as the record date (the “Record Date”) for the determination of stockholders entitled to notice of and to vote at the Special Meeting and at any adjournments thereof. As of the Record Date, there were 865,628,790 shares of Common Stock outstanding and entitled to vote at the Special Meeting. At the open of the market on June 3, 2024, our Common Stock began trading on Nasdaq on an adjusted basis for the one-for-one hundred fifty (1:150) reverse stock split of our Common Stock that we effectuated (the “Reverse Stock Split”). The number of shares of Common Stock outstanding and entitled to vote at the Special Meeting as of the Record Date on a post-Reverse Stock Split adjusted basis was approximately 5,770,859. The holders of Common Stock are entitled to one vote for each share of Common Stock held. The foregoing shares are referred to herein as the “Shares.” Holders of Common Stock will vote together as a single class on all matters described in this proxy statement (the “Proxy Statement”). All stockholders are cordially inv

View Full Filing

View this DEF 14A filing on SEC EDGAR