secwatch.observer — SEC 8-K summary
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Issuer:     Greenwave Technology Solutions, Inc. (GWAV)
CIK:        0001589149
Form:       8-K
Filed at:   2024-04-22T23:59:59+00:00
Accession:  0001493152-24-015587
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenwave raises $5.26M in equity offering, exchanges $7.22M debt for shares
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- Gross proceeds of $5,258,340 from 45,058,612 shares at $0.1167/share and warrants at $0.30/share.
- Issued 61,853,899 shares to DWM Properties LLC to retire $7,218,350 secured promissory note.
- Warrants exercisable after stockholder approval, expire in 5 years; resale registration to be filed.
- Proceeds to fund copper extraction system and metal recycling expansion.
- Financial advisor Dawson James receives $250,000 cash fee and 3,777,777 warrants at $0.375/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589149/000149315224015587/0001493152-24-015587-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589149/000149315224015587/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-015587

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