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
-
ExxonMobil + CF Capture 2M Tons in America’s Largest CCS Launch
Inside This Issue 🏭 CF Industries Flips Switch on Massive CCS Hub That Changes Everything 🧴 Scientists Transform Plastic Waste Into Efficient CO2 Capture Materials ⚡ SHS Group and Verso Energy Sig...
-
2 Million Tons of CO₂ — But How?
Inside This Issue 🏭 CF Industries Announces Start-up of Donaldsonville Complex CO2 Dehydration and Compression Unit, Permanent CO2 Sequestration 📉 EIA: US Biodiesel And Renewable Diesel Imports Fa...
-
Hydrogen Hubs Hit $10B by 2035: The Real Projects Behind the Numbers
Inside This Issue 💧 Hydrogen Hubs Hit $10B by 2035: The Real Projects Behind the Numbers 🛑 Shell Scraps Construction of Biofuels Plant in Rotterdam ⚙️ Carbon Capture Made Scalable: Decarbontek Deb...
Company Announcements
-
CleanCounts Selected as an Awardee of LevelTen Energy’s Registry Acceleration Fund
Building on Existing 2019 Agreement, North America's Largest Registry to Enable Fractionalized REC Transactions for All Generators in MISO MINNEAPOLIS, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Today, Cl...
-
SHS Group and Verso Energy Sign Groundbreaking Hydrogen Contract
The SHS - Stahl-Holding-Saar Group (SHS Group) with its shareholdings Dillinger (Aktien-Gesellschaft der Dillinger Hüttenwerke), Saarstahl (Saarstahl Aktiengesellschaft) and ROGESA (ROGESA Roheisen...
-
US Scientists Harness Sunlight To Capture CO2 In Low-Energy Breakthrough
Scientists have tried countless ways to capture carbon. But what if something as simple and abundant as sunlight could do the trick? Richard Y. Liu, assistant professor at Harvard, has developed a...
-
Hawaiian Airlines on Aug. 29 announced it will be incorporating sustainable aviation fuel (SAF) on flights between Osaka, Japan, and Honolulu, Hawai‘i under a sales agreement between parent company...