secwatch.observer — SEC 8-K summary
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Issuer:     Greenwave Technology Solutions, Inc. (GWAV)
CIK:        0001589149
Form:       8-K
Filed at:   2024-06-03T23:59:59+00:00
Accession:  0001493152-24-022296
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589149/000149315224022296/0001493152-24-022296-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589149/000149315224022296/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-022296

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer