Henry Sicignano III
Effective February 14, 2025, Henry Sicignano III, a Director of Greenwave Technology Solutions, Inc. (the “Company”), notified the Company that he will resign from the Company’s Board of Directors (the “Board”).
Highest-materiality recent filing
Greenwave receives second Nasdaq delinquency notice for late Q1 2026 10-Q filing
Received additional delinquency notice from Nasdaq on May 21, 2026 for failure to timely file Q1 2026 Form 10-Q.
Greenwave gets Nasdaq delisting notice for failure to file 2025 10-K
Nasdaq Staff notified Greenwave on April 20, 2026, that it failed to timely file its 2025 Form 10-K.
Greenwave receives Nasdaq delisting notice for late filings; hearing set for Jan 13, 2026
Received Nasdaq Staff Determination on Nov 18 for failure to file Q1, Q2, Q3 2025 Forms 10-Q on time.
Greenwave receives Nasdaq Staff Determination Letter; trading suspension on Nov 28 unless appeal
On November 18, 2025, Greenwave received a Nasdaq Staff Determination Letter for non-compliance with Listing Rule 5250(c)(1) due to failure to file three quarterly reports (Q1, Q2, Q3 2025).
Greenwave regains Nasdaq minimum bid price compliance; listing matter closed
Received formal notice from Nasdaq Staff on Sept 9, 2025, that it regained compliance with minimum bid price requirement.
Greenwave Technology Solutions to effect 1-for-110 reverse stock split to regain Nasdaq compliance
Reverse split ratio 1-for-110 effective 5:00 p.m. ET on August 22, 2025; split-adjusted trading begins Aug 25.
Greenwave shareholders approve reverse stock split up to 1:150; board granted discretion
Shareholders authorized board to effect reverse stock split at ratio from 1:2 to 1:150 (32.7M for, 7.0M against).
Greenwave receives Nasdaq delisting notice for late 10-Q; 60 days to submit plan
Staff letter dated May 23, 2025 cites failure to file Form 10-Q for fiscal year ended March 31, 2025.
GWAV gets 180-day extension to meet Nasdaq $1 bid rule; delisting risk remains
Nasdaq granted additional 180 calendar days, until September 8, 2025, to regain compliance with minimum bid price of $1.00.
Gross proceeds of $7 million from sale of 21.1M shares and accompanying warrants exercisable at $0.3337 per share.
Greenwave raises ~$4M in registered direct offering, amends warrants to lower exercise price
Gross proceeds ~$4M from 7,544,323 shares plus warrants at $0.5302/unit.
Greenwave acquires 7 core facilities from CEO for $15M; saves $1.7M annual rent
Purchase price $15M: $3.3M in Series A-1 Preferred (450k shares) + $11.7M note at 10% payable in 4 monthly installments from Dec 31, 2024.
Greenwave regains Nasdaq minimum bid price compliance; delisting hearing cancelled
Nasdaq notified Greenwave on June 17, 2024 that it regained compliance with Listing Rule 5550(a).
Greenwave raises ~$15.3M in registered direct offering and private placement
Gross proceeds of ~$15.3M from sale of 5,044,885 shares at $3.035 with warrants to purchase 5,044,885 additional shares.
Greenwave effects 1-for-150 reverse stock split to regain Nasdaq minimum bid price compliance
Reverse stock split at 1-for-150 ratio effective 11:59 p.m. ET on May 31, 2024; split-adjusted trading begins June 3, 2024.
Greenwave exchanges 1,000 Series D preferred shares for 200M common shares with DWM Properties LLC
Exchange of 1,000 Series D Preferred Shares for 200,000,000 common shares under Section 3(a)(9).
Greenwave Technology faces Nasdaq delisting after stock closes below $0.10 for 10 days
On May 7, 2024, Nasdaq notified Greenwave that bid price closed below $0.10 for 10 consecutive trading days.
On May 9, 2024, Greenwave and investors signed a Waiver Agreement removing the Conversion Prohibition from the March 2024 consent.
Greenwave raises $5.26M in equity offering, exchanges $7.22M debt for shares
Gross proceeds of $5,258,340 from 45,058,612 shares at $0.1167/share and warrants at $0.30/share.
Greenwave regains compliance with Nasdaq market value rule, gets 180-day bid price extension
Regained compliance with Nasdaq Listing Rule 5550(b)(2) on market value of listed securities as of April 2, 2024.
Exchanged $10,000,000 principal of secured promissory note with DWM Properties LLC for Series D Convertible Preferred Stock convertible at $0.204 per share.
Greenwave exchanges $10M note for Series D preferred; says Nasdaq equity compliance regained
Exchanged $10M of secured promissory note for Series D Convertible Preferred Stock with DWM Properties LLC.
Senior secured note holders waived quarterly-cash covenants until Sep 30, 2024, and amortization payments until July 31, 2024.
Greenwave gets Nasdaq delisting notice for equity deficiency; shares at risk
Nasdaq notified Greenwave on Nov 21, 2023 that stockholders' equity fell below $2.5M minimum required for continued listing.
Greenwave Technology receives Nasdaq delisting notice for bid price below $1.00
Received Nasdaq Staff Deficiency Letter on Oct 3, 2023, for bid price below $1.00 for 30 consecutive business days.
GWAV sells 2.5M shares + warrants for $3.2M gross; warrants exercisable at $1.02 for 5.5 years
Gross proceeds of $3.2M from 2,511,166 shares at $1.27 and warrants to purchase up to 5,022,332 shares.
Downstream processing system at Kelford, NC operational; averaging $38k/day revenue with >80% margins; targeting >$1M/month by end of 2023.
Greenwave receives Nasdaq deficiency notice for bid price below $1.00
Received Nasdaq Staff Deficiency Letter on May 17, 2023 for non-compliance with minimum bid price rule.
Greenwave issues 2.7M LD warrants, cuts warrant exercise price; hires new CFO
Entered waiver agreements with certain investors, issuing 2,726,043 LD warrants exercisable at $5.50 for 5 years.
Greenwave approved to uplist to Nasdaq; reports record Q2 revenue of $10.7M
Common stock begins trading on Nasdaq Capital Market at market open July 22, 2022 under ticker GWAV.
Greenwave Technology amends 8-K to show pro forma effect of Senior Notes conversion into 6.7M shares
Converts $25.2M principal (net of $12.5M debt discount) and $744K accrued interest into common stock.
Effective February 14, 2025, Henry Sicignano III, a Director of Greenwave Technology Solutions, Inc. (the “Company”), notified the Company that he will resign from the Company’s Board of Directors (the “Board”).
On January 28, 2025, Greenwave Technology Solutions, Inc. (“Greenwave” or the “Company”) increased the number of directors comprising its Board of Directors (“Board”) from four to five members and appointed Lisa Lucas-Burke as a member of the Board and as a member of the Audit Committee, Compensation Committee, and Nomination and Corporate Governance Committee (collectively, the “Committees”), effective immediately.
Effective August 14, 2024, John Wood, a Director of Greenwave Technology Solutions, Inc. (the “Company”), notified the Company that he resigned from the Company’s Board of Directors (the “Board”) effective immediately.
On August 7, 2023, Greenwave Technology Solutions, Inc. (“Greenwave” or the “Company”) increased the number of directors comprising its Board of Directors (“Board”) from four to five members and appointed Jason Adelman as a member of the Board and as a member of the Audit Committee and the Compensation Committee (collectively, the “Committees”), effective immediately.
Concurrently with Mr. Plumlee’s resignation from the Board, the Board appointed Henry Sicignano III to fill the vacancy on the Board until the Company’s 2023 annual stockholder meeting and until his successor has been duly appointed and qualified.
Effective July 12, 2023, J. Bryan Plumlee, a Director of Greenwave Technology Solutions, Inc. (the “Company”), notified the Company that he will resign from the Company’s Board of Directors (the “Board”).
On April 28, 2023, Greenwave Technology Solutions, Inc. (“Greenwave” or the “Company”) hired Isaac Dietrich as Chief Financial Officer, effective immediately.
On April 28, 2023, Ashley Sickles resigned her position as the Company’s Chief Financial Officer.
On September 13, 2022, the Company hired Ashley Sickles as Chief Financial Officer, effective immediately.
On September 12, 2022, the Company terminated the employment of Howard Jordan, its Chief Financial Officer.
On April 18, 2022, Greenwave Technology Solutions, Inc. (“Greenwave” or the “Company”) increased the number of directors comprising its Board of Directors (“Board”) from one to three members and appointed Cheryl Lanthorn and John Wood as members of the Board and as members of the Audit, Compensation and Nominating and Corporate Governance Committees (collectively, the “Committees”), effective immediately.
On April 18, 2022, Greenwave Technology Solutions, Inc. (“Greenwave” or the “Company”) increased the number of directors comprising its Board of Directors (“Board”) from one to three members and appointed Cheryl Lanthorn and John Wood as members of the Board and as members of the Audit, Compensation and Nominating and Corporate Governance Committees (collectively, the “Committees”), effective immediately.
Max materiality 0.85 · Median 0.65 · Most common event other_material