Greenwave effects 1-for-150 reverse stock split to regain Nasdaq minimum bid price compliance

Greenwave Technology Solutions, Inc.

Reverse stock split at 1-for-150 ratio effective 11:59 p.m. ET on May 31, 2024; split-adjusted trading begins June 3, 2024.
Outstanding shares reduced from approx. 1,132,490,847 to approx. 7,549,939 (subject to fractional rounding).
No fractional shares will be issued; any fractional interest rounded up to the next whole share.
Authorized shares and preferred stock unchanged; CUSIP changed to 57630J 403.
Proportional adjustments made to outstanding options and warrants and their exercise prices.

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