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
-
$2.4B Savings? EPA Proposes Ending GHGRP
Inside This Issue 📉 EPA Releases Proposal to End the Burdensome, Costly Greenhouse Gas Reporting Program, Saving up to $2.4 Billion 📊 California to Extend Cap-and-trade Program Aimed at Advancing ...
-
Why Airlines Might Spark a $100B Market
Inside this Issue ✈️ CORSIA Transforms Aviation Compliance Into Market Gold Rush 📉 IEA Cuts 2030 Low-emissions Hydrogen Production Outlook by Nearly a Quarter 🎤 GenH2 Executive Chairman Josh McMor...
-
Who’s Driving $110B Into Hydrogen Now?
Inside This Issue 🌍 Global Hydrogen Industry Surpasses USD 110 Billion In Committed Investment As 500+ Projects Worldwide Reach Maturity ♻️ Cielo Advances Waste-to-Fuel Innovation with Project Nex...
Company Announcements
-
WASHINGTON – Today, in accordance with President Trump’s Day One executive orders, the U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin announced a proposed rule to end the burde...
-
Montreal, Quebec – September 15, 2025 (Newsfile Corp.) – Quebec Innovative Materials Corp. (CSE: QIMC) (OTCQB: QIMCF) (FSE: 7FJ) ("QIMC" or the "Company") is pleased to announce that its U.S. speci...
-
Vancouver, British Columbia – First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) ("First Hydrogen" or the "Company") welcomes Prime Minister Mark Carney's announcement of the Darlington...
-
Alleo Demonstrates Cellulose-To-Hydrogen Process
Alleo Energy, a US biomass reforming technology developer, has demonstrated at commercial scale a process that converts cellulosic waste into carbon-negative green hydrogen. The Bay Minette, Alaba...