FAQ: Greenwave Technology Solutions Receives Additional Nasdaq Delinquency Notice

What is the main topic of this announcement?

Greenwave Technology Solutions Inc. has received an additional delinquency notice from Nasdaq following the delayed filing of its Quarterly Report on Form 10-Q for the period ended June 30, 2025.

Why did Greenwave receive this additional Nasdaq notice?

The company received the notice due to the delayed filing of its quarterly financial report for the period ended June 30, 2025.

What are the potential consequences of this Nasdaq delinquency notice?

The notice could serve as an additional basis for delisting from Nasdaq, though the company’s securities continue to trade on The Nasdaq Capital Market under the ticker ‘GWAV’.

What is Greenwave’s response to this Nasdaq notice?

The company is working diligently to complete and file its delayed reports with the SEC and plans to provide Nasdaq with an updated compliance plan by September 8, 2025.

What does Greenwave Technology Solutions do as a business?

Greenwave operates 13 metal recycling facilities in Virginia, North Carolina, and Ohio through its subsidiary Empire Services, Inc., collecting, classifying, and processing raw scrap metal using advanced technologies.

Where can investors find more information about Greenwave?

Investors can visit the company’s website at www.GWAV.com or access the latest news and updates in the company’s newsroom at https://ibn.fm/GWAV.

What is the deadline for Greenwave to submit its compliance plan to Nasdaq?

The company confirmed plans to provide Nasdaq with an updated compliance plan by September 8, 2025.

Where are Greenwave’s metal recycling facilities located?

The company operates facilities in Virginia, North Carolina, and Ohio.