Greenwave Technology Solutions Inc. filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Financial Statements and Exhibits
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Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On May 23, 2025, Greenwave Technology Solutions, Inc., a Delaware corporation (the “Company”) received a staff determination letter (the “Letter”) from Nasdaq Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that because it has not yet filed its Form 10-Q for the fiscal year ended March 31, 2025 (the “Filing”), Nasdaq has determined that the Company has failed to comply with the filing requirement set forth in Listing Rule 5250(c) (1) (the “Determination”).
The Staff has informed the Company that is has 60 calendar days to submit a plan to regain compliance. If the Staff accepts the Company’s plan of compliance then it may grant the Company an exception of up to 180 calendar days from the Filing’s due date, or until November 17, 2025 to regain compliance. The Company intends to prepare and submit a plan of compliance for the Staff’s review, but there can be no assurance that: (1) such plan will be accepted by the Staff, (2) if accepted, the Company will be able to complete its plan in the timeframe required, or (3) the Company will be able to remain in compliance with the applicable Nasdaq listing requirements on an ongoing basis.
The Company, by filing this Form 8-K, discloses its receipt of the notification from Nasdaq in accordance with Nasdaq Listing Rule 5810(b).
Item 9.01(d) Financial Statements and Exhibits
Exhibits.
| Number | ||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| GREENWAVE TECHNOLOGY SOLUTIONS, INC. | ||
| By: | /s/ Danny Meeks | |
| Name: | Danny Meeks | |
| Title: | Chief Executive Officer | |
Date: May 30, 2025