{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-018511","form_type":"8-K","ticker":"GWAV","cik":"0001589149","company_name":"Greenwave Technology Solutions, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.107568+00:00","generated_at":"2026-06-02T05:59:42.749409+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Greenwave Technology waives conversion prohibition on $15M senior notes, enabling conversion at low stock prices","bullets":["On May 9, 2024, Greenwave and investors signed a Waiver Agreement removing the Conversion Prohibition from the March 2024 consent.","The March consent had barred conversion of senior notes if the 3-day average closing price was below $0.25, effective until May 20, 2024.","The waiver allows immediate conversion of the ~$15M senior secured convertible notes even at stock prices below $0.25.","Potential dilution from conversion could further pressure GWAV stock, already trading near $0.20 range.","The original $15M notes were issued in August 2023 under a Purchase Agreement with institutional investors."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-018511","json":"https://secwatch.observer/filing/0001493152-24-018511.json","markdown":"https://secwatch.observer/filing/0001493152-24-018511.md","text":"https://secwatch.observer/filing/0001493152-24-018511.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1589149/000149315224018511/0001493152-24-018511-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1589149/000149315224018511/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T05:59:42.749409+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":"32382ad09948a568d5ed963b5a2b9a1d02f88e48","claim":"Greenwave Technology Solutions, Inc. amended Waiver Agreement with certain institutional investors (effective 2024-05-09).","evidence_excerpt":"On May 9, 2024, the Company and the Investors entered into a Waiver Agreement (the “Waiver Agreement”), pursuant to which the Company and the Investors decided to waive the Conversion Prohibition in the March Consent and Waiver.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1589149/000149315224018511/0001493152-24-018511-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Effective","value":"2024-05-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}