---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-020848"
form_type: "8-K"
ticker: "GWTI"
cik: "0001572386"
company_name: "GREENWAY TECHNOLOGIES, INC. & SUBSIDIARIES"
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:17:09.554058+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Greenway Technologies settles litigation; to issue 2M shares and pay $950k cash

## Summary
- Issue 2M restricted shares and pay $950k cash to settle lawsuit with Ric Halden et al.
- Pay $50k cash within 4 months; $900k in 12 monthly installments starting Aug 1, 2026.
- Up to 3 installments may be paid in stock based on OTCQB average bid/ask on payment date.
- Agreed judgment of $1.25M as security; prior $335k summary judgment plus interest withdrawn.
- Company estimates net positive financial impact of ~$649k from the settlement.

## SEC filing metadata
- accession: 0001493152-25-020848
- form_type: 8-K
- ticker: GWTI
- cik: 0001572386
- company_name: GREENWAY TECHNOLOGIES, INC. & SUBSIDIARIES
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1572386/000149315225020848/0001493152-25-020848-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1572386/000149315225020848/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-020848
- JSON: https://secwatch.observer/filing/0001493152-25-020848.json
- Plain text: https://secwatch.observer/filing/0001493152-25-020848.txt

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