{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-012175","form_type":"8-K","ticker":"GWAV","cik":"0001589149","company_name":"Greenwave Technology Solutions, Inc.","filed_at":"2024-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.106647+00:00","generated_at":"2026-06-04T04:39:47.458154+00:00","sec_items":["1.01","3.02","3.03","5.03","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Greenwave exchanges $10M note for Series D preferred; says Nasdaq equity compliance regained","bullets":["Exchanged $10M of secured promissory note for Series D Convertible Preferred Stock with DWM Properties LLC.","Series D convertible to common at $0.204/share, but conversion blocked until senior secured debt fully satisfied.","Company believes stockholders’ equity exceeds $5M, regaining compliance with Nasdaq minimum $2.5M equity requirement.","Also issued 27.5M inducement warrants and 13.8M shares for warrant exercises, raising $2.8M (March 18-26, 2024).","From Jan 1 to Mar 20, 2024, converted $2.07M debt into 10.9M shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-012175","json":"https://secwatch.observer/filing/0001493152-24-012175.json","markdown":"https://secwatch.observer/filing/0001493152-24-012175.md","text":"https://secwatch.observer/filing/0001493152-24-012175.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1589149/000149315224012175/0001493152-24-012175-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1589149/000149315224012175/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T04:39:47.458154+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":"442402058a1836f75798df2d225b61296f16998f","claim":"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).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1589149/000149315224012175/0001493152-24-012175-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-03-29"}],"fact_type":"governance_change"},{"claim_id":"cbe3109c881c9afdc10644275c9f5f99231d04c2","claim":"Greenwave Technology Solutions, Inc. entered into a equity purchase with DWM Properties LLC valued at $10,000,000 (effective 2024-03-29).","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1589149/000149315224012175/0001493152-24-012175-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"DWM Properties LLC"},{"label":"Value","value":"$10,000,000"},{"label":"Effective","value":"2024-03-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}