other_material
confidence high
sentiment neutral
materiality 0.65
Greenwave shareholders approve reverse stock split up to 1:150; board granted discretion
Greenwave Technology Solutions, Inc.
- Shareholders authorized board to effect reverse stock split at ratio from 1:2 to 1:150 (32.7M for, 7.0M against).
- Approval to issue up to 28.6M shares upon exercise of warrants and 11.3M shares upon amended warrants.
- Ratified issuance of 450,000 Series A-1 Preferred shares to entity affiliated with CEO Danny Meeks for property purchase.
- Elected directors Meeks, Lucas-Burke, Lanthorn; advisory vote on executive compensation approved with three-year frequency.
- Ratified RBSM LLP as independent auditor for fiscal year ending December 31, 2025.
item 5.07