Greenwave Technology Solutions, Inc. filings document regulatory and governance matters for a Nasdaq-listed Delaware corporation operating metal recycling facilities through Empire Services, Inc. Form 8-K reports in the record focus on Nasdaq continued-listing standards, including Item 3.01 notices tied to periodic-report filing requirements and Item 8.01 updates on listing compliance matters.
The filing record also includes Form 12b-25 notifications for delayed Form 10-K and Form 10-Q reports and an Item 5.02 Form 8-K covering the appointment of a chief financial officer and related outsourced bookkeeping, financial reporting and SEC reporting services. These disclosures describe reporting obligations, officer responsibilities, governance actions and public-company compliance risks for GWAV.
Greenwave Technology Solutions, Inc. received a Nasdaq notice on April 20, 2026 stating it is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Form 10-K for the year ended December 31, 2025.
The company has 60 calendar days to submit a plan to regain compliance. If Nasdaq accepts this plan, the company may receive up to 180 calendar days from the 10-K due date, until October 12, 2026, to regain compliance. Greenwave’s shares will continue trading on The Nasdaq Capital Market under the symbol GWAV while it works to complete and file the 2025 Form 10-K.
Greenwave Technology Solutions, Inc. notified the SEC that it cannot file its Annual Report on Form 10-K for the year ended December 31, 2025 by the prescribed due date and expects to file the report within the fifteen-calendar-day extension provided under Rule 12b-25.
Greenwave Technology Solutions, Inc. reported Q3 2025 results showing higher sales but continuing losses and liquidity pressure. Revenue for the quarter rose to $12.7 million from $8.5 million a year earlier, while nine‑month revenue increased to $31.0 million from $24.9 million, mainly from scrap metal and hauling operations.
Despite this growth, Q3 loss from operations was $4.9 million, with a nine‑month operating loss of $13.5 million and net loss of $14.9 million. At September 30, 2025, cash was $1.45 million with a working capital deficit of $13.7 million and total liabilities of $27.2 million versus assets of $59.9 million. Management states these conditions raise substantial doubt about the company’s ability to continue as a going concern.
The company continues to rely on equity and debt financings, including related‑party notes, equipment financings and prior revenue factoring advances. It also discloses delinquent payroll tax liabilities of $3.95 million and notes ongoing Nasdaq minimum bid price non‑compliance, for which an extension to September 8, 2025 has been granted.
Greenwave Technology Solutions, Inc. investor Gregory Castaldo has filed an amended Schedule 13G reporting that he now beneficially owns 0 shares of the company’s common stock, representing 0.0% of the class. The filing confirms he has no sole or shared voting or dispositive power over any shares.
Castaldo also certifies that the securities referenced were not acquired and are not held to change or influence control of Greenwave, and are not part of any control-related transaction.
Greenwave Technology Solutions, Inc. common stock ownership reported by Joseph Reda and SEG Opportunity Fund, LLC has been updated to show 0 shares beneficially owned, representing 0.0% of the class. Both reporting persons list zero sole or shared voting and dispositive power over the company’s common stock.
The filing is a joint Schedule 13G/A Amendment No. 1 and indicates that each reporting person now owns 5 percent or less of Greenwave’s common stock. They also certify that the securities referenced were not acquired or held for the purpose of changing or influencing control of the issuer.
Greenwave Technology Solutions, Inc. has appointed Chelsea Pullano as its Chief Financial Officer, effective February 5, 2026. She will serve part-time through a scope of work agreement with MACK Financial Solutions, LLC, which will oversee bookkeeping, financial reporting, and SEC reporting duties.
The Company will pay MACK $7,500 per month for CFO services and $12,500 per month for broader financial and reporting support. Former interim CFO Danny Meeks has resigned from that role and continues as Chief Executive Officer. The CFO agreement is terminable by either party on thirty days’ notice.
Greenwave Technology Solutions reports higher sales but continued losses for the quarter ended June 30, 2025. Quarterly revenue rose to $10.996 million from $7.882 million, with six‑month revenue increasing to $18.33 million from $16.39 million.
Despite this growth, the company posted a Q2 loss from operations of $4.65 million and a six‑month operating loss of $8.53 million. Net loss available to common stockholders was $4.92 million for the quarter and $12.58 million year‑to‑date. Cash was $5.29 million at June 30, 2025, but Greenwave reported a working capital deficit of $9.53 million and an accumulated deficit of $508.9 million.
Management states these conditions raise substantial doubt about the company’s ability to continue as a going concern. To fund operations, Greenwave issued common stock and warrants for cash, generating over $10 million year‑to‑date and used debt, note settlements, and equipment financing to support capital spending. Revenue remains concentrated, with a few large customers accounting for a significant share of sales.
Greenwave Technology Solutions, Inc. reported that Nasdaq has notified the company it is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it did not timely file its Quarterly Reports on Form 10-Q for the periods ended March 31, 2025, June 30, 2025, and September 30, 2025. The company requested a hearing with the Nasdaq Hearings Panel on January 13, 2026 and obtained an extension of the automatic stay of suspension through the hearings process and any extension period granted by the Panel. Greenwave has since filed its Form 10-Q for the period ended March 31, 2025 and is working to file the remaining two delayed Form 10-Qs as promptly as possible to regain full compliance with Nasdaq’s filing requirements.
Greenwave Technology Solutions, Inc. reported that Nasdaq has issued a Staff Determination Letter stating that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not filed its Quarterly Reports on Form 10-Q for the periods ended June 30, 2025 and September 30, 2025, and it missed an exception deadline on November 17, 2025.
The letter states that trading of Greenwave’s securities is scheduled to be suspended from Nasdaq at the opening of business on November 28, 2025 unless the company appeals by November 25, 2025. Greenwave has since filed its Form 10-Q for the period ended March 31, 2025 and plans to file the remaining two quarterly reports as it works toward regaining full compliance.
The company intends to request a hearing before a Nasdaq Hearings Panel, which would automatically stay any suspension for at least 15 calendar days from the hearing request date, and may allow it to seek further extensions. However, there is no assurance that additional time or relief will be granted, creating ongoing uncertainty around the continued Nasdaq listing of its common stock.
Greenwave Technology Solutions, Inc. (GWAV) reported first-quarter 2025 results showing lower sales but a smaller loss. Revenue was $7.33 million, down from $8.50 million a year earlier, while gross profit improved to $3.49 million from $3.26 million as cost of revenues declined.
Operating expenses rose to $7.37 million, driven by higher payroll, hauling and equipment maintenance, and depreciation and amortization. Net loss narrowed to $4.67 million from $8.06 million, and net loss available to common shareholders was $7.67 million versus $33.46 million, reflecting smaller deemed dividends tied to warrant and debt repricing.
Cash increased to $5.50 million from $2.58 million, mainly from $9.14 million in common stock and warrant sales, but the company still had a working capital deficit of $7.48 million and an accumulated deficit of $503.98 million. Management states these conditions raise substantial doubt about Greenwave’s ability to continue as a going concern without additional financing.