Greenwave Technology sets date for 2026 annual meeting and proposal deadlines

Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) announced that its board of directors has scheduled the company’s 2026 annual meeting of stockholders for December 7, 2026. The board also set October 23, 2026 as the record date for determining stockholders eligible to receive notice of and vote at the meeting. This information is based on a statement released in a recent SEC filing.

The company noted that the 2026 annual meeting date represents a change of more than 30 calendar days from the anniversary of the previous year’s annual meeting, as defined by rules under the Securities Exchange Act of 1934. Greenwave Technology Solutions stated it will provide additional details regarding the time, location, and matters to be voted on in its forthcoming proxy statement for the meeting.

Stockholders seeking to present proposals for inclusion in the proxy materials under Rule 14a-8 of the Exchange Act must submit proper notice to the company’s principal executive offices by the close of business on October 28, 2026. This deadline also applies for determining whether notice of a stockholder proposal is timely for the purposes of exercising discretionary voting authority under Rule 14a-4(c) of the Exchange Act.

In addition, Greenwave Technology Solutions’ by-laws require that any business to be brought before the annual meeting by a stockholder must be submitted by the close of business on November 2, 2026.

All proposals should be addressed to the Chief Executive Officer at the company’s headquarters in Chesapeake, Virginia.

Greenwave Technology Solutions, Inc. operates in the wholesale metals service centers and offices sector and is incorporated in Delaware. Its common stock trades on the NASDAQ Capital Market under the symbol GWAV.The company faces significant financial headwinds, with shares currently trading at $2.29, near their 52-week low of $2.19. According to InvestingPro analysis, GWAV operates with a significant debt burden and is quickly burning through cash, reflected in a current ratio of just 0.23. The stock has declined 73.74% over the past year, though InvestingPro Fair Value analysis suggests the stock may be undervalued at current levels. Investors can access 13 additional ProTips and comprehensive financial metrics on the platform.

In other recent news, Greenwave Technology Solutions, Inc. successfully completed a private placement of Series B Convertible Preferred Stock. The company issued 3,750 shares at a stated value of $1,000 per share, resulting in aggregate proceeds of $3.75 million. This transaction involved five institutional investors and was detailed in a press release based on the company’s SEC filing. The funds raised are before the deduction of placement agent fees and other offering expenses. This development marks a significant step for Greenwave Technology Solutions in securing additional capital.