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
-
Texas Just Killed The 24-Month CCS Wait
Inside This Issue 🏗️ Texas Primacy Puts Gulf Coast CCS Projects In Fast Lane 🌬️ Sustaera Targets Cheaper Direct Air Capture With New Design 🔋 Hydrexia Wins Hydrogen Contract In The U.S. Market ✈️ ...
-
Google's Illinois Deal Just Gave CCS Its First Real Market
Inside This Issue 💨 Google's Illinois Deal Just Gave CCS Its First Real Market 🚁 Hydrogen-Powered Z1 UAS Enters U.S. Army Acquisition Pipeline ♻️ Waga’s Tech Opens Doors For Small-Scale Landfill R...
-
725K Tons of CO2, No Pipeline Needed. Here's How.
Inside This Issue 🌽 Lapis Is Taking Ethanol CCS Off The Pipeline ✈️ Axens Signs Memorandum Of Understanding With Airbus On SAF Development ⚗️ Renewable-Powered Technology Converts Carbon Dioxide I...
Company Announcements
-
Remova Selects Mangrove Systems for Digital MRV to Support Alberta BECCS Facility
Partnership brings digital MRV to one of Canada’s first purpose-built BECCS/Bio-CCS facilities, supporting high-integrity CDR credit issuance through Isometric certification. CALGARY, AB and TORO...
-
Canadian Biochar Investments Inc. To Introduce Reliable Source Of High-Quality Biochar To Canada
CALGARY, AB, March 18, 2026 /CNW/ - Canadian Biochar Investments, Inc. ("CBCI") is pleased to announce that it has entered into an exclusive licensing agreement with Carbo-FORCE GmbH ("Carbo-Force"...
-
Technip Energies Invests In Verso Energy’s DEZiR eSAF Project In Rouen
Technip Energies (PARIS: TE) has signed an agreement with Verso Energy to acquire a minority equity stake in the DEZiR project, a synthetic aviation fuel (“eSAF”) plant located in Rouen, France. Th...
-
Sustaera Targets Cheaper Direct Air Capture With New Design
Electro-thermal DAC system claims major efficiency gains in tests A North Carolina carbon removal startup says it has made a notable efficiency advance in direct air capture (DAC), a technology de...