---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-036233"
form_type: "8-K"
ticker: "GWAV"
cik: "0001589149"
company_name: "Greenwave Technology Solutions, Inc."
filed_at: "2024-09-13T23:59:59+00:00"
generated_at: "2026-05-31T04:53:56.718441+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Greenwave receives Nasdaq deficiency letter for bid price below $1.00; 180 days to comply

## Summary
- Nasdaq notified Greenwave on Sept 13, 2024 that common stock bid price closed below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until March 12, 2025, to regain compliance under Rule 5550(a)(2).
- Compliance can be achieved if bid price closes at $1.00 or more for 10 consecutive business days before deadline.
- If not compliant by March 12, 2025, Greenwave may qualify for an additional 180-day period if it meets other listing standards.
- Company is considering options including a reverse stock split to cure the deficiency.

## SEC filing metadata
- accession: 0001493152-24-036233
- form_type: 8-K
- ticker: GWAV
- cik: 0001589149
- company_name: Greenwave Technology Solutions, Inc.
- filed_at: 2024-09-13T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1589149/000149315224036233/0001493152-24-036233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1589149/000149315224036233/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-036233
- JSON: https://secwatch.observer/filing/0001493152-24-036233.json
- Plain text: https://secwatch.observer/filing/0001493152-24-036233.txt

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