secwatch.observer — SEC 8-K summary
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Issuer:     Greenwave Technology Solutions, Inc. (GWAV)
CIK:        0001589149
Form:       8-K
Filed at:   2022-04-20T23:59:59+00:00
Accession:  0001493152-22-010499
Event type: leadership
Sentiment:  positive
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenwave appoints three independent directors, expects uplist application imminently
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- Appointed Cheryl Lanthorn, J. Bryan Plumlee, and John Wood as independent directors; board expanded from 1 to 4 members.
- Directors will receive quarterly cash compensation of $6,250–$7,500 upon listing on a national exchange.
- Company believes it now meets NASDAQ/NYSE-MKT governance requirements and expects to meet equity threshold without new raise.
- Empire Services (subsidiary) generated $27.75M revenue in 2021 (+114% YoY) and record $9.7M in Q1 2022 (+63.5%).
- Cites strong metal demand driven by inflation and Russia-Ukraine conflict; copper and nickel hit all-time highs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589149/000149315222010499/0001493152-22-010499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589149/000149315222010499/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-010499

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