{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-026622","form_type":"8-K","ticker":"GWAV","cik":"0001589149","company_name":"Greenwave Technology Solutions, Inc.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.455735+00:00","generated_at":"2026-06-12T08:19:33.550196+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Greenwave expects positive EBITDA in 2023; downstream processing generating $38k/day; secures $15M financing","bullets":["Downstream processing system at Kelford, NC operational; averaging $38k/day revenue with >80% margins; targeting >$1M/month by end of 2023.","Second automotive shredder expected to commence Q3 2023, doubling ferrous metal processing capacity; Company expects positive EBITDA for FY 2023.","Cleveland facility generating ~$100k/month; expects ramp to >$500k/month in 2024; shear baler to commence in August 2023.","Closed $15M private placement of senior secured convertible notes and warrants; proceeds to retire factoring advances and reduce equipment debt.","CEO Danny Meeks exchanged Series Z Preferred for 1,013,500 common shares; sold real property to company for $17.2M secured note."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-026622","json":"https://secwatch.observer/filing/0001493152-23-026622.json","markdown":"https://secwatch.observer/filing/0001493152-23-026622.md","text":"https://secwatch.observer/filing/0001493152-23-026622.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1589149/000149315223026622/0001493152-23-026622-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1589149/000149315223026622/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T08:19:33.550196+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"95eea416fd21abdefe0019a7e2c06dc99118b74c","claim":"Greenwave Technology Solutions, Inc. incurred senior notes of approximately $15,000,000 with certain institutional investors at 18% per annum maturing July 31, 2025.","evidence_excerpt":"On July 31, 2023, Greenwave Technology Solutions, Inc. (the “Company”) entered into a Purchase Agreement (the “Purchase Agreement”) with certain institutional investors as purchasers (the “Investors”). Pursuant to the Purchase Agreement, the Company sold, and the Investors purchased, approximately $15,000,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1589149/000149315223026622/0001493152-23-026622-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"approximately $15,000,000"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Rate","value":"18% per annum"},{"label":"Maturity","value":"July 31, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"24e92f70c13dbc20bfb568adf8c939d91133632f","claim":"Greenwave Technology Solutions, Inc. entered into Purchase Agreement with certain institutional investors valued at approximately $15,000,000 (effective 2023-07-31).","evidence_excerpt":"On July 31, 2023, Greenwave Technology Solutions, Inc. (the “Company”) entered into a Purchase Agreement (the “Purchase Agreement”) with certain institutional investors as purchasers (the “Investors”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1589149/000149315223026622/0001493152-23-026622-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Value","value":"approximately $15,000,000"},{"label":"Effective","value":"2023-07-31"}],"fact_type":"material_agreement"},{"claim_id":"31d0ff0235cad25b9ddc9f43e38cf96e7f792833","claim":"Greenwave Technology Solutions, Inc. entered into Warrant Repricing Agreement with the holders of common stock purchase warrants (effective 2023-07-31).","evidence_excerpt":"On July 31, 2023, the Company entered into a letter agreement (the “Warrant Repricing Agreement”) with the holders (the “Holders”) of common stock purchase warrants","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1589149/000149315223026622/0001493152-23-026622-index.htm","confidence":0.85,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"the holders of common stock purchase warrants"},{"label":"Effective","value":"2023-07-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}