---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-017743"
form_type: "8-K"
ticker: "GWAV"
cik: "0001589149"
company_name: "Greenwave Technology Solutions, Inc."
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T23:09:49.487575+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Greenwave amends senior convertible notes, lowering conversion price to $0.05

## Summary
- Amendment dated May 3, 2024 to $15M Senior Secured Convertible Notes issued July 31, 2023.
- Conversion price reduced to $0.05 per share, subject to standard anti-dilution adjustments.
- Certain conversion price adjustment mechanisms were also modified in the amendment.
- Noteholders are institutional investors who participated in the original July 2023 offering.

## SEC filing metadata
- accession: 0001493152-24-017743
- form_type: 8-K
- ticker: GWAV
- cik: 0001589149
- company_name: Greenwave Technology Solutions, Inc.
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1589149/000149315224017743/0001493152-24-017743-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1589149/000149315224017743/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-017743
- JSON: https://secwatch.observer/filing/0001493152-24-017743.json
- Plain text: https://secwatch.observer/filing/0001493152-24-017743.txt

## Key facts
- Material Agreements
  Greenwave Technology Solutions, Inc. amended Amendment to Senior Secured Convertible Promissory Note with certain institutional investors as purchasers (the "Investors") (effective 2024-05-03).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: certain institutional investors as purchasers (the "Investors")
  - Effective: 2024-05-03
  source text: On May 3, 2024, the Company and the Investors entered into an Amendment to Senior Secured Convertible Promissory Note (the "Note Amendment"), pursuant to which the Senior Notes were amended to, among other things, amend (i) the conversion price of the Senior Notes to $0.05, subject to adjustment under certain circumstances described in the Senior Notes and (ii) certain of the conversion price adjustment mechanisms.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1589149/000149315224017743/0001493152-24-017743-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.