---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-020300"
form_type: "8-K"
ticker: "GWAV"
cik: "0001589149"
company_name: "Greenwave Technology Solutions, Inc."
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T21:02:28.102822+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Greenwave exchanges 1,000 Series D preferred shares for 200M common shares with DWM Properties LLC

## Summary
- Exchange of 1,000 Series D Preferred Shares for 200,000,000 common shares under Section 3(a)(9).
- Series D shares were issued March 29, 2024 in exchange for $10M principal of a $17.2M secured promissory note.
- Common shares issued unregistered; reliance on exemption for exchange of securities.
- DWM Properties LLC is the Holder; Danny Meeks signs as President of DWM and CEO of Greenwave.

## SEC filing metadata
- accession: 0001493152-24-020300
- form_type: 8-K
- ticker: GWAV
- cik: 0001589149
- company_name: Greenwave Technology Solutions, Inc.
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1589149/000149315224020300/0001493152-24-020300-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1589149/000149315224020300/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-020300
- JSON: https://secwatch.observer/filing/0001493152-24-020300.json
- Plain text: https://secwatch.observer/filing/0001493152-24-020300.txt

## Key facts
- Material Agreements
  Greenwave Technology Solutions, Inc. entered into Exchange Agreement with DWM Properties LLC (effective 2024-05-10).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: DWM Properties LLC
  - Effective: 2024-05-10
  source text: On May 10, 2024, the Company entered into an exchange agreement (the “ Exchange Agreement ”) with DWM Properties LLC (the “ Holder ”), whereby the Company and Holder agreed to exchange 1,000 shares of the Company’s Series D Preferred Stock, par value $0.001 per share (the “Series D Shares”) held by the Holder for 200,000,000 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1589149/000149315224020300/0001493152-24-020300-index.htm

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