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
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.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💰 RepAir Raises $15 Million to Scale Electromechanical Carbon Capture Solution ⚙️ Haffner Energy Unveils Hynoca® Flex 500 IG: a Flexible, Cost-effective Alternative to Grey Hydro...
Inside This Issue 🏆 XPRIZE Makes History, Awards $100m Prize for Groundbreaking Carbon Removal Solutions USA - English USA 🌍 Vaulted Deep Wins $8M in XPRIZE Carbon Removal Competition 🧱 PHNX Mater...
Inside This Issue 🌲 Living Carbon Announces Agreement with Microsoft for 1.4 Million Tonnes of Carbon Removal from Reforestation of Former Mine Lands in Appalachia 🏭 US Energy Expands Carbon Captu...
Exxon Mobil (NYSE:XOM) Partners With Calpine for Large-Scale Carbon Storage and Low-Carbon Energy
Exxon Mobil recently revealed a significant agreement to manage carbon dioxide storage with Calpine Corporation, a move that might contribute to its role in low-carbon energy initiatives. The compa...
RepAir Raises $15 Million to Scale Electromechanical Carbon Capture Solution
RepAir announced that it has raised $15 million in a Series A funding round, with proceeds to be used to commercialize the company’s electromechanical solution designed to remove atmospheric and in...
STORD, Norway, April 24, 2025 /PRNewswire/ -- Höegh Evi, a global leader in marine energy infrastructure, and Wärtsilä Gas Solutions, part of technology group Wärtsilä, have successfully completed ...
Haffner Energy unveils Hynoca® Flex 500 IG: A flexible, cost-effective alternative to grey hydrogen and fossil fuels Cogeneration of hydrogen and electricity offers a unique solution for managing r...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.