Company has improved its balance sheet by $27 million over the past 90 days Chairman and CEO has converted all $17.22 million of his debt into equity Company bolsters balance sheet with $5.25 million capital infusion CHESAPEAKE, Va. , April 23, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities in Virginia , North Carolina... Read More

Nasdaq Grants Company 180 Day Extension to Regain Compliance with $1.00 Minimum Bid Price Requirement CHESAPEAKE, Va. , April 4, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities in Virginia , North Carolina , and Ohio , announced that it has received a formal notice from the Nasdaq Stock Market LLC ("Nasdaq") informing... Read More

Company Believes it Has Regained Compliance with Nasdaq's Shareholder Equity Requirement CHESAPEAKE, Va. , April 1, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities in Virginia , North Carolina , and Ohio , today announced that during the first quarter of 2024, it received proceeds from warrant exercises of approximately... Read More

Greenwave is One of the First Companies to Utilize Artificial Intelligence in the $42.3 Billion U.S. Scrap Metal Industry (1) ScrapApp.com has Launched A.I.-Powered Systems to Optimize Pricing and Sales Ahead of Planned National Expansion CHESAPEAKE, Va. , March 26, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities in... Read More

The second shredder is expected to boost annual revenues by approximately $4.8 million , with significant increase to gross profit Second shredder on track to be connected to power grid by March 29, 2024 and commence operations shortly thereafter, doubling Greenwave's annual shredded ferrous output Greenwave is now one of the... Read More

Company Not Required to Make Cash Payments on Senior Secured Notes until July 31, 2024 Quarterly-Cash Covenants Waived until September 30, 2024 Greenwave's Second American Pulverizer 60x85 Shredder Expected to Double Company's Ferrous Metal Processing Capacity in the Coming Weeks Company Intends to Utilize Additional Cashflow to Aggressively Grow Operations CHESAPEAKE, Va. , March 19, 2024 /PRNewswire/ -- Greenwave... Read More

ScrapApp.com is Now Serving the Richmond Metropolitan Area – the Third Largest in the Commonwealth of Virginia – Enabling People to Get Paid for their End-of-Life Vehicles Currently Available in Three Markets – Hampton Roads, VA , Richmond, VA , and Cleveland, OH – Greenwave Has Generated Hundreds of Thousands of Dollars in Revenue from End-of-Life Vehicles Purchased Through Scrap App Greenwave Intends to Launch Scrap App to... Read More

Second shredder is expected to double Greenwave's ferrous metal processing capacity CHESAPEAKE, Va. , Feb. 15, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities in Virginia , North Carolina , and Ohio , today announced it received notification from Dominion Energy that its second automotive shredder is scheduled to be... Read More

Company on track to generate record revenues in FY 2024 Second shredder will be fully operational soon and is expected to double Greenwave's ferrous metal processing capacity CHESAPEAKE, Va. , Feb. 13, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities in Virginia , North Carolina , and Ohio , today released the following... Read More

Greenwave Generated Over $200,000 in Revenue from Cars Purchased through Scrap App During its First 130 Days Company is Developing Artificial Intelligence to Optimize Pricing and Automate Systems to Create Efficiencies as it Continues to Capture Market Share CHESAPEAKE, Va. , Jan. 30, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling... Read More

Greenwave's Subsidiary, Empire Metals, is Now Licensed to Purchase Scrap Cars in the State of Ohio Company's Scrap Car Buying Platform, ScrapApp.com, Continues to Rapidly Scale CHESAPEAKE, Va. , Jan. 24, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities in Virginia , North Carolina , and Ohio , today announced that its... Read More

Company Grows Revenues More than 10% Over Q3 2023 Greenwave Expects to Significantly Grow Revenues in FY 2024 CHESAPEAKE, Va. , Jan. 22, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities in Virginia , North Carolina , and Ohio , today announced that it generated more than $9 million in revenue during the fourth quarter of... Read More

Equipment Expected to Grow Revenues by Tens of Thousands of Dollars per Month with Significant Margins Automates Certain Manual Processes Required to Process, Transport, and Sell Aluminum and Copper Products CHESAPEAKE, Va. , Jan. 19, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities in Virginia , North Carolina , and Ohio... Read More

Greenwave Generated Over $100,000 in Revenue from Cars Purchased through Scrap App During its First 90 Days Company is Developing Artificial Intelligence to Optimize Pricing and Automate Systems to Create Efficiencies as it Captures Market Share CHESAPEAKE, Va. , Dec. 19, 2023 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities... Read More

Additional Shredder to Double Greenwave's Ferrous Metal Processing Capacity Greenwave Poised to Expand to 20+ Metal Recycling Facilities CHESAPEAKE, Va. , Sept. 28, 2023 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities in Virginia , North Carolina , and Ohio , today announced that it expects its second automotive shredder to... Read More

Newly installed equipment to significantly increase facility's metal recycling production capacity and ramp up revenue CHESAPEAKE, Va. , Sept. 26, 2023 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities in Virginia , North Carolina , and Ohio , today announced that its recently installed shear baler is now fully operational at... Read More

Greenwave is developing an AI pricing engine for junk cars to optimize margins and plans to utilize its proprietary transaction data to train a large language model (LLM) Greenwave intends to develop Scrap App into the leading technology platform for the $41.4 billion scrap metal industry (1) The Company plans to expand Scrap App's functionality to provide quotes for metal from construction and demolition projects, list... Read More

Topics are expected to include upcoming catalysts including recently announced systems that increase capabilities to drive the company towards $50 million annual revenues CHESAPEAKE, Va. , Aug. 29, 2023 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (NASDAQ: GWAV), a leading operator of metal recycling facilities in Virginia , North Carolina , and Ohio , today announced that its Chief... Read More

New infrastructure and technology coming online to significantly increase processing capacity, resulting in increased annual revenues CHESAPEAKE, Va. , Aug. 29, 2023 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (NASDAQ: GWAV), a leading operator of metal recycling facilities in Virginia , North Carolina , and Ohio , today announced that its Orbcon PTV balling mill is expected to... Read More

SUFFOLK, VA / ACCESSWIRE / August 25, 2023 / U.S. Steel looks like it's up for sale - the major mill is now considering competing offers from both Cleveland Cliffs and Esmark Inc and there are rumors that ArcelorMittal SA is considering making a bid for the major steel manufacturer, too. As the industry could be headed toward consolidation, Greenwave Technology Solutions (NASDAQ:GWAV) is undertaking an aggressive expansion... Read More

CHESAPEAKE, Va. , Aug. 24, 2023 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (NASDAQ: GWAV), a leading operator of metal recycling facilities in Virginia , North Carolina , and Ohio , today announced notification that it has regained compliance with Nasdaq listing requirements. In a letter dated August 18, 2023 , Nasdaq informed the Company that it has achieved compliance with the... Read More

Company to use funds for expansion and accretive acquisitions CHESAPEAKE, Va. , Aug. 21, 2023 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (NASDAQ: GWAV), a leading operator of metal recycling facilities in Virginia , North Carolina and Cleveland, Ohio , is pleased to announce that it has entered into a definitive agreement with certain institutional and accredited investors for the... Read More

Greenwave generated $1.23 million in positive cashflows from operations during the six months ended June 30, 2023 , a new record for the Company Company generated $18.46 million in revenues for the six months ended June 30, 2023 , the second highest in the Company's history Subsequent to the close of the quarter, Greenwave closed a private placement for proceeds of $15 million , paying off all outstanding factoring advances... Read More

Former CEO of 22nd Century Group and current President of Charlie's Holdings, Henry Sicignano III is a seasoned public company executive with substantial expertise in competitive strategy and regulatory affairs. Jason Adelman has significant experience in corporate governance, mergers and acquisition advisory and emerging growth company investing. CHESAPEAKE, Va. , Aug. 10, 2023 /PRNewswire/ -- Greenwave Technology... Read More

Company's downstream processing system has commenced operations and is on track to generate in excess of $1,000,000 per month in revenue with 80%+ margins by the end of 2023. Greenwave expects to generate positive cashflows from operations and positive EBITDA for the year ending December 31, 2023 . Second automotive shredder expected to commence operations in Q3 2023, doubling Greenwave's ferrous metal processing capacity... Read More

CLEVELAND , April 5, 2023 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (NASDAQ: GWAV), a leading operator of metal recycling facilities in Virginia and North Carolina , is pleased to share that it has officially opened its Cleveland, Ohio facility. Greenwave Technology Solutions, Inc. secured the property formerly occupied by JBI Scrap Processors on East 55th Street in Cleveland in... Read More