secwatch.observer — SEC 8-K summary
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Issuer:     Greenwave Technology Solutions, Inc. (GWAV)
CIK:        0001589149
Form:       8-K
Filed at:   2023-08-22T23:59:59+00:00
Accession:  0001213900-23-069595
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GWAV sells 2.5M shares + warrants for $3.2M gross; warrants exercisable at $1.02 for 5.5 years
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- Gross proceeds of $3.2M from 2,511,166 shares at $1.27 and warrants to purchase up to 5,022,332 shares.
- Warrants are exercisable at $1.02/share immediately and expire 5.5 years from issuance.
- Net proceeds to be used for metal recycling expansion, accretive acquisitions, and working capital.
- Placement agent Dawson James receives 7.77% cash fee plus warrants for 502,233 shares at $1.275.
- Contingent on shareholder approval, prior July 2023 notes/warrants and Nov 2021 warrants adjust to $1.02 exercise price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589149/000121390023069595/0001213900-23-069595-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589149/000121390023069595/ea183996-8k_greenwave.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-069595

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer