Business Context and Reporting Period
Company: Greenwave Technology Solutions, Inc. (GWAV)
Filing Type: Form 8-K (Current Report)
Date of Report: November 21, 2025
Reporting Period: The filing addresses events occurring between November 18, 2025, and November 21, 2025, regarding regulatory compliance status.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on regulatory compliance events rather than financial performance data.
Material Changes and Events
- Nasdaq Non-Compliance: On November 18, 2025, the Company received a Staff Determination Letter from the Nasdaq Listing Qualifications Staff citing non-compliance with Listing Rule 5250(c)(1) (the "Filing Rule").
- Reason for Non-Compliance: Failure to file Quarterly Reports on Form 10-Q for the periods ended March 31, 2025, June 30, 2025, and September 30, 2025.
- Partial Remediation: The Company filed the Form 10-Q for the period ended March 31, 2025, on November 19, 2025.
- Outstanding Filings: The Company is actively working to file the remaining 10-Q reports for the periods ended June 30, 2025, and September 30, 2025.
Guidance, Outlook, and Risks
- Hearing Request: On November 21, 2025, the Company requested a hearing before the Nasdaq Hearings Panel.
- Hearing Schedule: The hearing is scheduled for January 13, 2026.
- Automatic Stay: The Company requested an automatic stay of suspension pending the hearing outcome. This request was granted, extending the stay through the completion of the hearings process and any additional extension periods granted by the Panel.
- Risk of Delisting: The Company faces potential suspension or delisting from the NASDAQ Capital Market if it fails to regain compliance with the Filing Rule by the deadlines set by the Panel.
Investor Verification Checklist
- Verify the filing status of the Form 10-Q for the period ended June 30, 2025, on the SEC EDGAR database.
- Verify the filing status of the Form 10-Q for the period ended September 30, 2025, on the SEC EDGAR database.
- Monitor the outcome of the Nasdaq Hearings Panel scheduled for January 13, 2026.
- Confirm the Company's continued listing status on the NASDAQ Capital Market following the hearing.