Greenwave Technology Solutions Inc., a Delaware-based company, announced on May 23, 2025, that it received a staff determination letter from Nasdaq notifying the company of its failure to comply with the filing requirement for its Form 10-Q for the fiscal year ended March 31, 2025. Due to this non-compliance with Nasdaq's Listing Rule 5250(c)(1), the company has 60 days to submit a plan to regain compliance. If accepted, Nasdaq may grant Greenwave an extension of up to 180 days, until November 17, 2025, to meet the requirements. Greenwave plans to submit a compliance plan but has cautioned that there is no guarantee of acceptance or that it will meet the necessary timeline.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenwave Technology Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-013113), on May 30, 2025, and is solely responsible for the information contained therein.
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