secwatch.observer — SEC 8-K summary
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Issuer:     Greenwave Technology Solutions, Inc. (GWAV)
CIK:        0001589149
Form:       8-K
Filed at:   2024-06-11T23:59:59+00:00
Accession:  0001493152-24-023418
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenwave raises ~$15.3M in registered direct offering and private placement
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- Gross proceeds of ~$15.3M from sale of 5,044,885 shares at $3.035 with warrants to purchase 5,044,885 additional shares.
- Warrants exercisable at $2.91 per share, immediately exercisable, expire 5 years from issuance.
- Placement agent Dawson James receives $918,673 cash fee (6% of gross) and 504,489 warrants at $3.79375.
- Net proceeds to be used for debt satisfaction and working capital purposes.
- Offering expected to close on June 12, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589149/000149315224023418/0001493152-24-023418-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589149/000149315224023418/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-023418

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