regulatory
confidence high
sentiment negative
materiality 0.85
Greenwave receives Nasdaq delisting notice for late 10-Q; 60 days to submit plan
Greenwave Technology Solutions, Inc.
- Staff letter dated May 23, 2025 cites failure to file Form 10-Q for fiscal year ended March 31, 2025.
- Company has 60 calendar days to submit a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1).
- If plan is accepted, Nasdaq may grant up to 180 calendar days from due date, until November 17, 2025.
- Company intends to submit compliance plan but cannot assure acceptance or ability to complete within timeframe.
- Delisting risk remains if plan is not accepted or compliance not regained by extended deadline.
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