Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Greenwave Technology Solutions, Inc.: Filed Certificate of Designations for Series D Convertible Preferred Stock with the Delaware Secretary of State, creating a new series of preferred stock (effective 2024-03-29).
- Change
- charter amendment
- Effective
- 2024-03-29
Exact text from the filing
On March 29, 2024, in connection with the Exchange Agreement, the Company filed the Certificate of Designations for the Series D Convertible Preferred Stock with the Secretary of State of the State of Delaware, creating a series of One Thousand (1,000) shares of preferred stock designated as Series D Convertible Preferred Stock (the “Series D”), with each Series D share with a par value of $0.001.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Greenwave Technology Solutions, Inc. entered into a equity purchase with DWM Properties LLC valued at $10,000,000 (effective 2024-03-29).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- DWM Properties LLC
- Value
- $10,000,000
- Effective
- 2024-03-29
Exact text from the filing
On March 29, 2024, Greenwave Technology Solutions, Inc., a Delaware corporation (the “Company”), entered into an exchange agreement with DWM Properties LLC (the “Holder”), whereby the Company and Holder agreed to exchange $10,000,000 of that certain Secured Promissory Note, dated July 31, 2023, issued by the Company to the Holder for shares of the Company’s newly created Series D Convertible Preferred Stock (the “Preferred Stock”).
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