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
-
Canada Moves Forward with Direct Air Capture Offset Credits
Inside This Issue π Canada Moves Forward with Direct Air Capture Offset Credits π Unpacking New Developments In The Carbon Markets π€ E2SOL and HOGREEN AIR MOU Signing at CES25 πΏ EFT Signs Master L...
-
Oklahoma's Oil Fields Could Be Key to Remedy Carbon Emissions
Inside This Issue πΎ Oklahoma's Oil Fields Could Be Key to Remedy Carbon Emissions βοΈ Lydian Announces Successful Demonstration of Novel Sustainable Aviation Fuel Technology π οΈ Nuada and MLC Collab...
-
Early Bird Registration Open for the Global Direct Air Capture Conference 2025
Inside This Issue ποΈ Early Bird Registration Open for the Global Direct Air Capture Conference 2025 π California Energy Commission Seeks Input for Carbon Management Hub Development ποΈ Soletair Pow...
Company Announcements
-
HNO International Secures $10 Million Hydrogen Offtake Agreement with Texas-Based Mobility Company
HOUSTON, Jan. 30, 2025 /PRNewswire/ -- HNO International (OTC: HNOI) is excited to announce a hydrogen offtake agreement with a Texas-based company supporting zero-emission mobility. Under the agre...
-
Dublin, Jan. 29, 2025 (GLOBE NEWSWIRE) β The "Top 30 Emerging Companies Accelerating Decarbonization in the Global Homes and Buildings Industry" report has been added to ResearchAndMarkets.comβs of...
-
Zurich Signs 17,500 Ton Carbon Removal Deal with Climate Solutions Provider Nellie Technologies
Zurich Insurance Group announced today an agreement with Nellie Technologies, a bioengineered COβ removal-focused startup, for the purchase of up to 17,500 tons of carbon removal generated through ...
-
ASU, Partners Look to Develop Four Corners Direct Air Carbon Capture Hub
Itβs no secret that the world has fallen behind on progress needed to achieve the goals of keeping global warming at less than 1.5 degrees Celsius above pre-industrial levels. Peter Schlosser, vic...