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
-
SAF Output Doubled, So Why Is IATA Sounding Alarms?
Happy New Year from Decarbonfuse! As we wrap up 2025, we want to thank you for being part of the growing Decarbonfuse community. Your engagement and feedback have helped make this platform a trust...
-
$213 Per Tonne: Inside the Latest Multi-Pathway CDR Deal
Inside This Issue ๐ธ $213 Per Tonne: Inside the Latest Multi-Pathway CDR Deal ๐๏ธ Clean Energy Technologies Affiliate Vermont Renewable Gas Advances Regulatory Review ๐ง Fusion Fuelโs BrightHy Soluti...
-
The Three-Continent Move That Redefines SAF
Wishing everyone a restful holiday season.๐๐ ๐ Inside this Issue โ๏ธ Cathay Goes Global With SAF in Three-Continent Fuel Deal ๐งช Proton Ventures Partners With Barents Blue For Realization Of The Bar...
Company Announcements
-
HyOrc Completes Factory Acceptance Test of 500kW ORC Turbine for International Customer
HOUSTON, Dec. 31, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTCID: HYOR), a clean-energy technology company, today announced the successful completion of the Factory Acceptance Test (FAT) for its...
-
Nova Sustainable Fuels Receives Approval to Produce Sustainable Aviation Fuel in Guysborough County
Nova Sustainable Fuels has received environmental assessment approval for the first phase of a project that will see the company develop a renewable energy park in Goldboro, Guysborough County, whe...
-
Darling Ingredients Announces Sale of Approximately $50 Million in Production Tax Credits
IRVING, Texas -- Darling Ingredients Inc. (NYSE: DAR) today announced the sale of approximately $50 million of production tax credits to a corporate buyer. These credits were generated under the In...
-
Aemetis Receives Funds From the Sale of $17 Million of Federal Clean Energy Tax Credits
CUPERTINO, Calif., Dec. 30, 2025 (GLOBE NEWSWIRE) -- Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable liquid fuels company focused on lower cost and reduced emissions products, t...