Greenwave Technology Solutions Regains Compliance with Nasdaq Listing Standards
Published by Todd Bush on August 24, 2023
CHESAPEAKE, Va., Aug. 24, 2023 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (NASDAQ: GWAV), a leading operator of metal recycling facilities in Virginia, North Carolina, and Ohio, today announced notification that it has regained compliance with Nasdaq listing requirements.
In a letter dated August 18, 2023, Nasdaq informed the Company that it has achieved compliance with the minimum bid price rule required for continued listing on the Nasdaq Capital Market.
>> Additional Reading: B.C. Government and Industry Partners Working to Develop Hydrogen as a Low-carbon Energy Option for Families and Businesses
About Greenwave
Greenwave Technology Solutions, Inc., through its wholly owned subsidiary Empire Services, Inc. ("Empire"), is a leading operator of 13 metal recycling facilities in Virginia, North Carolina, and Ohio. The Company's recycling facilities collects, classifies, and processes raw scrap metal (ferrous and nonferrous) and implements several unique technologies to increase metal processing volumes and operating efficiencies, including a cloud-based ERP system to manage inventories and operations. Steel is one of the world'ss most recycled products with the ability to be re-melted and re-cast numerous times.
Greenwave's approach to steel recycling provides key environmental benefits over virgin metals, including reduced energy use, lower CO2 emissions, lower waste, and conserving natural resources. Greenwave's customers include large corporations, industrial manufacturers, retail customers, and government organizations. The Company plans to aggressively expand its footprint of locations by acquiring independent, profitable scrap yards in the coming months. For more information, please visit www.GWAV.com.
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Companies
Latest issues
-
How a Dirty Problem Became a Carbon Goldmine
Inside This Issue 🌱 Bio-Oil Breakthrough: Cleaning Up Abandoned Wells While Cutting CO₂ ⛏️ MAX Power Begins Historic Drilling of Canada’s First-Ever Natural Hydrogen Well ⚡ California Pauses Hydro...
-
G20's Carbon Removal Gap Opens $1 Trillion Door
Inside This Issue 💰 G20's Carbon Removal Gap Opens $1 Trillion Door ✈️ Gold Standard Labels First Credits As Eligible For CORSIA Compliance 🌲 Chestnut Carbon Has Sold High-Integrity IFM Carbon Rem...
-
How Direct Air Capture Could Drop 75% in Cost
Inside This Issue 💨 How Direct Air Capture Could Drop 75% in Cost ⚡ Cache Power Advances 30 GWh Compressed Air Energy Storage Project In Alberta 🪨 Canada Nickel And The University Of Texas At Aust...
Company Announcements
-
MAX Power Begins Historic Drilling of Canada’s First-Ever Natural Hydrogen Well
The Lawson Target Exhibits All Five Key Elements for a Potential Natural Hydrogen Accumulation Including Source Rocks, Migration Pathways, Reservoirs, Seals and Traps, Along With a Defined Four-Way...
-
Next Hydrogen Announces $20 to $30M Equity Private Placement Led by Smoothwater Capital Corporation
MISSISSAUGA, Ontario, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (the “Company” or “Next Hydrogen”) (TSXV:NXH, OTC:NXHSF), a Canadian designer and manufacturer of hydrogen elect...
-
Cell Impact And Thyssenkrupp Automation Engineering Enter Cooperation Agreement
Cell Impact and thyssenkrupp Automation Engineering have entered a Strategic Cooperation Agreement for Joint Market Success in the Field of Hydrogen. The agreement includes a shared ambition to ca...
-
Innovative and proprietary solution aims to set a new standard for high-efficiency performance while delivering superior economics and flexibility to operate on natural gas and renewable natural ga...