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Greenwave Technology Solutions ( (GWAV) ) has provided an announcement.
On November 18, 2025, Greenwave Technology Solutions received a Staff Determination Letter from the Nasdaq Listing Qualifications Staff due to non-compliance with Nasdaq Listing Rule 5250(c)(1), as the company had not filed its Quarterly Reports for the periods ending March 31, June 30, and September 30, 2025. Although the company filed the report for March 31, 2025, on November 19, 2025, it missed the Exception Deadline Date of November 17, 2025, and now faces potential suspension of its securities from Nasdaq on November 28, 2025, unless an appeal is requested by November 25, 2025. The company plans to request a hearing to stay the suspension, but there is no assurance that additional time will be granted.
More about Greenwave Technology Solutions
Greenwave Technology Solutions, Inc., through its subsidiary Empire Services, Inc., operates 13 metal recycling facilities in Virginia, North Carolina, and Ohio. The company focuses on collecting, classifying, and processing raw scrap metal using unique technologies to enhance metal processing volumes and efficiencies. Its customers include large corporations, industrial manufacturers, retail customers, and government organizations, with plans to expand by acquiring profitable scrap yards.
Average Trading Volume: 557,697
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.66M
For an in-depth examination of GWAV stock, go to TipRanks’ Overview page.