Greenwave Technology Solutions Regains Full Compliance with Nasdaq Listing Standards
Greenwave Technology Solutions (Nasdaq: GWAV), a company operating metal recycling facilities in Virginia, North Carolina, and Ohio, announced on June 18, 2024, that it has regained full compliance with Nasdaq listing standards. The announcement follows a formal notice from Nasdaq on June 17, 2024, confirming the company's eligibility for continued listing on the Nasdaq Capital Market. The previously announced listing issue has now been resolved.
- Greenwave Technology Solutions received formal notice of compliance from Nasdaq on June 17, 2024.
- The company has regained full compliance with Nasdaq listing standards.
- The previously announced listing issue has been resolved, securing the company's continued Nasdaq Capital Market listing.
- The press release indicates there was a previous listing issue with Nasdaq, though specifics are not provided.
About Greenwave
Greenwave Technology Solutions, Inc., through its wholly owned subsidiary Empire Services, Inc. ("Empire"), is an operator of 13 metal recycling facilities in Virginia, North Carolina, and
Steel is one of the world's most recycled products with the ability to be re-melted and re-cast numerous times. For more information, please visit www.GWAV.com.
Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements about its revenue growth, opening of additional locations, margin expansion and cashflow projections. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, the Company can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company's control), assumptions and other factors that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for the Company's common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the SEC. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
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SOURCE Greenwave Technology Solutions
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