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Tuesday, July 05, 2022 12:21:07 PM
GWAV generated positive cash flows from operating activities for the six months ending June 30,
Greenwave Technology stated that it is currently installing a second shredder at its Carrollton yard to process cars, household appliances, and industrial products, along with a downstream system at its Kelford yard to increase its recovery yields of copper, aluminum, brass, steel, and other metals.
“We believe the equipment coming online this year could accelerate Greenwave’s revenue growth in Q4 2022 and FY 2023 while potentially increasing our profit margins. Further, these infrastructure improvements give us the capacity and platform to open additional locations or potentially acquire existing, profitable yards,” stated Danny Meeks, Chief Executive Officer of Greenwave.
Greenwave submitted its application to uplist to NASDAQ in May and believes it will meet the listing requirements without a further capital raise.
Greenwave Technology Solutions, through its wholly-owned subsidiary Empire Services is an operator of 11 metal recycling facilities in Virginia and North Carolina.
Recent GWAV News
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 06/18/2024 04:14:31 PM
- Greenwave Technology Solutions' Scrap App Sets New Daily Record • PR Newswire (US) • 06/18/2024 04:01:00 PM
- Greenwave Technology Solutions Completes Recapitalization • PR Newswire (US) • 06/18/2024 12:37:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/18/2024 10:15:41 AM
- Greenwave Technology Solutions Regains Full Compliance with Nasdaq Listing Standards • PR Newswire (US) • 06/18/2024 08:11:00 AM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 06/14/2024 08:05:25 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 06/12/2024 08:25:23 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 06/12/2024 08:21:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/11/2024 01:25:41 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 06/05/2024 07:26:03 PM
- Greenwave Technology Solutions' Downstream Processing System Generates Record Revenues as Copper Hits All Time High • PR Newswire (US) • 06/05/2024 11:07:00 AM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 06/03/2024 01:32:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/03/2024 10:20:29 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/03/2024 10:16:08 AM
- Greenwave Announces Reverse Stock Split to Regain Nasdaq Compliance • PR Newswire (US) • 05/29/2024 05:30:00 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 05/24/2024 09:25:53 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 05/24/2024 09:20:18 PM
- Greenwave Eliminates All Convertible Debt • PR Newswire (US) • 05/22/2024 10:00:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 05/22/2024 02:06:25 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/20/2024 08:50:45 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:40:59 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 09:15:13 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 09:15:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/14/2024 02:44:37 PM
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