Greenwave Technology receives non-compliance notice from Nasdaq

Greenwave Technology (GWAV) Solutions reported that the company received a notice from the Listing Qualifications Department of the Nasdaq Stock Market on April 20, which indicated that because the company has not yet filed its Annual Report on Form 10-K for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission by the applicable due date, the company was not in compliance with Nasdaq Listing Rule 5250(c)(1). The staff informed the company that it has 60 calendar days to submit a plan to regain compliance with the rule. If the staff accepts the company’s plan to regain compliance, then it may grant the company an exception of up to 180 calendar days from the 2025 Form 10-K’s due date, or until October 12, 2026, to regain compliance. Neither the notice nor the company’s non-compliance with the rule has an immediate effect on the listing or trading of the company’s securities on Nasdaq..