secwatch.observer — SEC 8-K summary
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Issuer:     Greenwave Technology Solutions, Inc. (GWAV)
CIK:        0001589149
Form:       8-K
Filed at:   2023-05-22T23:59:59+00:00
Accession:  0001493152-23-018528
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenwave receives Nasdaq deficiency notice for bid price below $1.00
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- Received Nasdaq Staff Deficiency Letter on May 17, 2023 for non-compliance with minimum bid price rule.
- Bid price closed below $1.00 for 30 consecutive business days; 180-day cure period ends Nov 13, 2023.
- To regain compliance, stock must close at $1.00+ for at least 10 consecutive business days.
- Company may consider a reverse stock split or other options if unable to cure by deadline.
- No immediate impact on listing or trading of GWAV common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589149/000149315223018528/0001493152-23-018528-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589149/000149315223018528/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-018528

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