GWAV gets 180-day extension to meet Nasdaq $1 bid rule; delisting risk remains

Greenwave Technology Solutions, Inc.

Nasdaq granted additional 180 calendar days, until September 8, 2025, to regain compliance with minimum bid price of $1.00.
Company must have closing bid price at $1.00 for at least 10 consecutive business days during the extension period.
GWAV may implement a reverse stock split to cure the deficiency.
If compliance not shown by Sept 8, 2025, Nasdaq will delist securities; company may appeal.
Previously reported non-compliance on September 13, 2024; initial cure period expired March 12, 2025.

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