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Submitted URL: https://rgzbb6ebb.cc.rs6.net/tn.jsp?f=00197axa0Dhhy56k5ZctnSeNZRakIS8P9B2DuH4IEo3AtCe1IiuXlbCe8NPc0qRbaLdmjb3eZCdegQnEACFLz3P...
Effective URL: https://finance.yahoo.com/news/greenwave-technology-solutions-inc-nasdaq-091500042.html
Submission: On December 18 via api from BE — Scanned from US
Effective URL: https://finance.yahoo.com/news/greenwave-technology-solutions-inc-nasdaq-091500042.html
Submission: On December 18 via api from BE — Scanned from US
Form analysis
2 forms found in the DOMName: ybar_mod_searchbox_s — GET https://finance.yahoo.com/lookup/
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<div class="_yb_y302oj _yb_lvw4pc"><button type="submit" id="ybar-search" class="rapid-noclick-resp _yb_tx6v2w finsrch-btn" aria-label="Search" value="Search"
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</svg></button></div> <input type="hidden" name="fr" value="finance" data-rapid_p="283"> <input type="hidden" name="fr2" value="p:finvsrp,m:sb" data-savalue="p:finvsrp,m:sa" data-modalsb="p:fin,m:sb,v:modal" data-modalsa="p:fin,m:sa,v:modal"
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<div class="finsrch-rslt finsrch-custom-rst finsrch-show-recomlst finsrch-show-ftr hidden modules-module_greenSrchRslt__Iemde modules-module_noDisplay__0NU79">
<div class="modules-module_resultsWrapper__YGfQD">
<div class="modules-module_resultsContainerRedesign__yG1rH" data-id="search-assist-input-sugglst"></div>
<footer data-id="search-assist-footer" class="modules-module_noDisplay__0NU79">
<p class="modules-module_tipMessage__ZQFev">Tip: Try a valid symbol or a specific company name for relevant results</p>
</footer>
</div>
<div data-id="search-assist-input-recomlst">
<div class="modules-module_sectionHeaderNoBrdr__j5DP2 ">
<h3 class="modules-module_sectionHeaderTitleLight__NrKIv">Trending Tickers</h3>
</div>
<ul role="listbox" class="modules-module_recPillList__VH0mw">
<li role="option" title="NUKK" tabindex="0" data-type="recommend" data-id="result-recommend-0" data-test="srch-trd-sym" data-index="0" data-pindex="0" class="modules-module_recLinkItem__eEOpb modules-module_selectedBackground__6dnU7">
<div class="modules-module_recPillContainer__jDQx1">
<div class="modules-module_recPillDefaultLogo__QoEuV">N</div><span class="modules-module_recPillSymbol__mxoJP">NUKK</span>
<div class="modules-module_recPriceContainer__fM8pf"><fin-streamer data-symbol="NUKK" data-field="regularMarketPrice" data-trend="none" data-pricehint="2" value="11.88" active="">
<span>11.88</span>
</fin-streamer></div>
<div class="modules-module_recPercentContainer__0wUk2 modules-module_positive__gnzPV percentChangeWrapper">(<fin-streamer class="percentChange modules-module_arrows__x4-uX" data-symbol="NUKK" data-field="regularMarketChangePercent"
data-trend="txt" data-pricehint="2" value="754.6763" data-tstyle="default" active="">
<span class="modules-module_arrows__x4-uX">+754.68%</span>
</fin-streamer>)</div>
</div>
</li>
<li role="option" title="TEVA" tabindex="0" data-type="recommend" data-id="result-recommend-1" data-test="srch-trd-sym" data-index="1" data-pindex="1" class="modules-module_recLinkItem__eEOpb">
<div class="modules-module_recPillContainer__jDQx1">
<div class="modules-module_recPillDefaultLogo__QoEuV">T</div><span class="modules-module_recPillSymbol__mxoJP">TEVA</span>
<div class="modules-module_recPriceContainer__fM8pf"><fin-streamer data-symbol="TEVA" data-field="regularMarketPrice" data-trend="none" data-pricehint="2" value="20.88" active="">
<span>20.88</span>
</fin-streamer></div>
<div class="modules-module_recPercentContainer__0wUk2 modules-module_positive__gnzPV percentChangeWrapper">(<fin-streamer class="percentChange modules-module_arrows__x4-uX" data-symbol="TEVA" data-field="regularMarketChangePercent"
data-trend="txt" data-pricehint="2" value="26.4688" data-tstyle="default" active="">
<span class="modules-module_arrows__x4-uX">+26.47%</span>
</fin-streamer>)</div>
</div>
</li>
<li role="option" title="PFE" tabindex="0" data-type="recommend" data-id="result-recommend-2" data-test="srch-trd-sym" data-index="2" data-pindex="2" class="modules-module_recLinkItem__eEOpb">
<div class="modules-module_recPillContainer__jDQx1">
<div class="modules-module_recPillDefaultLogo__QoEuV">P</div><span class="modules-module_recPillSymbol__mxoJP">PFE</span>
<div class="modules-module_recPriceContainer__fM8pf"><fin-streamer data-symbol="PFE" data-field="regularMarketPrice" data-trend="none" data-pricehint="2" value="26.43" active="">
<span>26.43</span>
</fin-streamer></div>
<div class="modules-module_recPercentContainer__0wUk2 modules-module_positive__gnzPV percentChangeWrapper">(<fin-streamer class="percentChange modules-module_arrows__x4-uX" data-symbol="PFE" data-field="regularMarketChangePercent"
data-trend="txt" data-pricehint="2" value="4.67327" data-tstyle="default" active="">
<span class="modules-module_arrows__x4-uX">+4.67%</span>
</fin-streamer>)</div>
</div>
</li>
<li role="option" title="QUBT" tabindex="0" data-type="recommend" data-id="result-recommend-3" data-test="srch-trd-sym" data-index="3" data-pindex="3" class="modules-module_recLinkItem__eEOpb">
<div class="modules-module_recPillContainer__jDQx1">
<div class="modules-module_recPillDefaultLogo__QoEuV">Q</div><span class="modules-module_recPillSymbol__mxoJP">QUBT</span>
<div class="modules-module_recPriceContainer__fM8pf"><fin-streamer data-symbol="QUBT" data-field="regularMarketPrice" data-trend="none" data-pricehint="2" value="16.79" active="">
<span>16.79</span>
</fin-streamer></div>
<div class="modules-module_recPercentContainer__0wUk2 modules-module_positive__gnzPV percentChangeWrapper">(<fin-streamer class="percentChange modules-module_arrows__x4-uX" data-symbol="QUBT" data-field="regularMarketChangePercent"
data-trend="txt" data-pricehint="2" value="51.534306" data-tstyle="default" active="">
<span class="modules-module_arrows__x4-uX">+51.53%</span>
</fin-streamer>)</div>
</div>
</li>
<li role="option" title="RGTI" tabindex="0" data-type="recommend" data-id="result-recommend-4" data-test="srch-trd-sym" data-index="4" data-pindex="4" class="modules-module_recLinkItem__eEOpb">
<div class="modules-module_recPillContainer__jDQx1">
<div class="modules-module_recPillDefaultLogo__QoEuV">R</div><span class="modules-module_recPillSymbol__mxoJP">RGTI</span>
<div class="modules-module_recPriceContainer__fM8pf"><fin-streamer data-symbol="RGTI" data-field="regularMarketPrice" data-trend="none" data-pricehint="2" value="11.13" active="">
<span>11.13</span>
</fin-streamer></div>
<div class="modules-module_recPercentContainer__0wUk2 modules-module_positive__gnzPV percentChangeWrapper">(<fin-streamer class="percentChange modules-module_arrows__x4-uX" data-symbol="RGTI" data-field="regularMarketChangePercent"
data-trend="txt" data-pricehint="2" value="32.028465" data-tstyle="default" active="">
<span class="modules-module_arrows__x4-uX">+32.03%</span>
</fin-streamer>)</div>
</div>
</li>
</ul>
</div>
</div>
</form>
<form data-finsrch="quote" role="search" class="dock-srch yf-cs8l6v" fininit="">
<div class="icon fin-icon tertiary-icn sz-x-large tw-absolute !tw-inline-flex tw-top-3 tw-left-3 yf-4e31vg"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 24 24">
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<path
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</svg></button>
<div class="finsrch-rslt finsrch-custom-rst finsrch-show-recomlst yf-cs8l6v finsrch-show-ftr modules-module_noDisplay__0NU79">
<div class="modules-module_resultsWrapper__YGfQD">
<div class="modules-module_resultsContainerRedesign__yG1rH" data-id="search-assist-input-sugglst"></div>
<footer data-id="search-assist-footer" class="modules-module_noDisplay__0NU79">
<p class="modules-module_tipMessage__ZQFev">Tip: Try a valid symbol or a specific company name for relevant results</p>
</footer>
</div>
<div data-id="search-assist-input-recomlst">
<div class="modules-module_sectionHeaderNoBrdr__j5DP2 ">
<h3 class="modules-module_sectionHeaderTitleLight__NrKIv">Trending Tickers</h3>
</div>
<ul role="listbox" class="modules-module_list__hi5kT">
<li role="option" title="Nukkleus Inc." tabindex="0" data-type="recommend" data-id="result-recommend-0" data-test="srch-trd-sym" data-index="0" data-pindex="0"
class="modules-module_linkItemLgNeoGreenLg__X88Wg modules-module_quoteItem__W8hI- modules-module_selectedBackground__6dnU7">
<div class="modules-module_quoteLeftCol__yV9LA modules-module_Ell__N1WPm modules-module_IbBox__NPYId">
<div class="modules-module_quoteCompanyInfo__ULJ7V modules-module_Ell__N1WPm">
<div class="modules-module_quoteSymbol__BGsyF">NUKK</div>
<div class="modules-module_quoteCompanyName__JVZCM modules-module_Ell__N1WPm">Nukkleus Inc.</div>
</div>
</div>
<div class="modules-module_quoteRightCol__iH6f-">
<div class="undefined"><span>Equity</span><span class="modules-module_quoteTypeExchange__omxiA">NGM</span></div>
</div>
</li>
<li role="option" title="Teva Pharmaceutical Industries Limited" tabindex="0" data-type="recommend" data-id="result-recommend-1" data-test="srch-trd-sym" data-index="1" data-pindex="1"
class="modules-module_linkItemLgNeoGreenLg__X88Wg modules-module_quoteItem__W8hI- ">
<div class="modules-module_quoteLeftCol__yV9LA modules-module_Ell__N1WPm modules-module_IbBox__NPYId">
<div class="modules-module_quoteCompanyInfo__ULJ7V modules-module_Ell__N1WPm">
<div class="modules-module_quoteSymbol__BGsyF">TEVA</div>
<div class="modules-module_quoteCompanyName__JVZCM modules-module_Ell__N1WPm">Teva Pharmaceutical Industries Limited</div>
</div>
</div>
<div class="modules-module_quoteRightCol__iH6f-">
<div class="undefined"><span>Equity</span><span class="modules-module_quoteTypeExchange__omxiA">NYQ</span></div>
</div>
</li>
<li role="option" title="Pfizer Inc." tabindex="0" data-type="recommend" data-id="result-recommend-2" data-test="srch-trd-sym" data-index="2" data-pindex="2" class="modules-module_linkItemLgNeoGreenLg__X88Wg modules-module_quoteItem__W8hI- ">
<div class="modules-module_quoteLeftCol__yV9LA modules-module_Ell__N1WPm modules-module_IbBox__NPYId">
<div class="modules-module_quoteCompanyInfo__ULJ7V modules-module_Ell__N1WPm">
<div class="modules-module_quoteSymbol__BGsyF">PFE</div>
<div class="modules-module_quoteCompanyName__JVZCM modules-module_Ell__N1WPm">Pfizer Inc.</div>
</div>
</div>
<div class="modules-module_quoteRightCol__iH6f-">
<div class="undefined"><span>Equity</span><span class="modules-module_quoteTypeExchange__omxiA">NYQ</span></div>
</div>
</li>
<li role="option" title="Quantum Computing Inc." tabindex="0" data-type="recommend" data-id="result-recommend-3" data-test="srch-trd-sym" data-index="3" data-pindex="3"
class="modules-module_linkItemLgNeoGreenLg__X88Wg modules-module_quoteItem__W8hI- ">
<div class="modules-module_quoteLeftCol__yV9LA modules-module_Ell__N1WPm modules-module_IbBox__NPYId">
<div class="modules-module_quoteCompanyInfo__ULJ7V modules-module_Ell__N1WPm">
<div class="modules-module_quoteSymbol__BGsyF">QUBT</div>
<div class="modules-module_quoteCompanyName__JVZCM modules-module_Ell__N1WPm">Quantum Computing Inc.</div>
</div>
</div>
<div class="modules-module_quoteRightCol__iH6f-">
<div class="undefined"><span>Equity</span><span class="modules-module_quoteTypeExchange__omxiA">NCM</span></div>
</div>
</li>
<li role="option" title="Rigetti Computing, Inc." tabindex="0" data-type="recommend" data-id="result-recommend-4" data-test="srch-trd-sym" data-index="4" data-pindex="4"
class="modules-module_linkItemLgNeoGreenLg__X88Wg modules-module_quoteItem__W8hI- ">
<div class="modules-module_quoteLeftCol__yV9LA modules-module_Ell__N1WPm modules-module_IbBox__NPYId">
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<div class="modules-module_quoteSymbol__BGsyF">RGTI</div>
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(Nasdaq:GWAV) Issues Chairman's Letter PR Newswire Tue, December 17, 2024 at 4:15 AM EST 9 min read 1 IN THIS ARTICLE: GWAV -8.66% KEY QUESTIONS WHAT ARE THE KEY DRIVERS OF REVENUE AND CASH FLOW GROWTH FOR GREENWAVE TECHNOLOGY SOLUTIONS, INC.? Greenwave continues to prioritize government contracts as a key driver of revenue and cash flow growth, having secured contracts with Core Tree Care, Inc., the Army Corps of Engineers, and multiple contracts for critical regional infrastructure projects. Was this helpful? Yes No WHAT MAKES GREENWAVE TECHNOLOGY SOLUTIONS, INC. A UNIQUE AND COMPELLING OPPORTUNITY FOR INVESTORS? Greenwave's extensive footprint, grandfathered licenses, and relationships with key suppliers offer a unique and compelling opportunity for the Company and shareholders. The Company is also executing on all fronts, with a strong balance sheet, optimal trade conditions, and numerous upcoming catalysts. Was this helpful? Yes No WHAT ARE THE UPCOMING GROWTH CATALYSTS FOR GREENWAVE TECHNOLOGY SOLUTIONS, INC.? Greenwave is set to benefit from the 2025 opening of Nucor Corporation's state-of-the-art steelmaking facility in Lexington, North Carolina, which will significantly increase regional demand for recycled steel. Additionally, the Company expects to benefit from surging regional infrastructure demand, domestic market shift, and sustainability leadership. Was this helpful? Yes No WHAT IS THE CURRENT FINANCIAL POSITION OF GREENWAVE TECHNOLOGY SOLUTIONS, INC.? Greenwave is entering 2025 in the strongest strategic and financial position in the history of the Company, with a sound balance sheet, having grown current assets by 635%, decreased total liabilities by 64%, and increased shareholders' equity by 55,728,419. Was this helpful? Yes No WHAT IS THE OUTLOOK FOR THE SCRAP METAL INDUSTRY AND HOW IS GREENWAVE TECHNOLOGY SOLUTIONS, INC. POSITIONED WITHIN IT? The scrap metal industry is rapidly consolidating, and Greenwave is well-positioned to benefit from this trend, with a portfolio of highly coveted operational licenses and relationships with key suppliers. The Company provides subsidiaries of Nucor Corporation, Cleveland-Cliffs, Inc., Sims Limited, Georgia-Pacific, and several other steel producers with a reliable supply of mill-ready shred. Was this helpful? Yes No Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Insiders made open market purchases of more than 500,000 GWAV shares in December 2024 Company has increased shareholders' equity by approximately $51 million in 2024 Greenwave continues to prioritize government contracts as a key driver of revenue and cash flow growth The Company recently purchased the real estate for seven of its core facilities, reducing annual rent expenses by approximately $1.7 million Numerous upcoming catalysts expected to benefit Greenwave -- including the opening of Nucor Corporation's state-of-the-art Lexington, NC steelmaking facility with a staggering 430,000-ton annual processing capacity(1) CHESAPEAKE, Va., Dec. 17, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), a leading metal recycler in Virginia, North Carolina, and Ohio, released today the following letter to shareholders from Danny Meeks, Chairman and Chief Executive Officer: Greenwave significantly strengthened its balance sheet from December 31, 2023 (audited) to September 30, 2024 (unaudited). Greenwave Shareholders, I am pleased to report Greenwave will enter 2025 in the strongest strategic and financial position in the history of the Company. Three areas of focus highlight Greenwave's excellent – and improving – fundamental business: (i) a very strong balance sheet, (ii) increasingly favorable US trade policies focused on boosting demand for domestic scrap metal, and (iii) upcoming Company milestones and catalysts that are expected to be transformative for Greenwave's fundamental business. A Sound Balance Sheet During the first nine months of 2024, Greenwave de-risked operations – significantly growing Company assets while reducing or eliminating certain liabilities. From December 31, 2023 to September 30, 2024, Greenwave: * Grew current assets by 635%, from $2,689,761 to $19,767,085. * Decreased total liabilities by 64%, from $50,865,997 to $18,301,138. * Increased shareholders' equity by $55,728,419, from a ($4,454,148) deficit to $51,274,271. Government Contracts Driving Growth Greenwave continues to prioritize government contracts as a key driver of revenue and cash flow growth. Recently, the Company secured: * A contract expected to generate $15–$35 million in revenue with Core Tree Care, Inc., related to a prime contract with the Army Corps of Engineers as part of the Hurricane Helene recovery efforts, through March 31, 2026. * An exclusive government contract for the recycling of 550,000 pounds of non-ferrous metal, estimated to boost Q4 2024 and Q1 2025 revenues by approximately $2 million. * Multiple contracts for critical regional infrastructure projects such as the Hampton Roads Bridge Tunnel expansion, agreements with numerous municipalities to recycle abandoned cars, and fulfillment of several contracts awarded by the U.S. Federal Government. Story Continues Strategically located near Naval Station Norfolk, the world's largest naval base, and the Port of Virginia, Greenwave taps into an abundant supply of prime scrap metal from defense contractors, shipyards, and logistics operations. Upcoming Growth Catalysts We believe Greenwave is set to benefit from the 2025 opening of Nucor Corporation's state-of-the-art steelmaking facility in Lexington, North Carolina(1). The facility's staggering 430,000-ton annual processing capacity, consisting of nearly 100% recycled materials, will significantly increase regional demand for recycled steel(1). A Leading North Carolina Scrap Metal Supplier Greenwave stands as one of North Carolina's largest suppliers of recycled steel, operating five metal recycling facilities and an industry-leading American Pulverizer 60x85. The Company has a proven track record of supporting Nucor's operations, supplying its Hertford mill with steel for critical applications, including bridges, heavy equipment, and warships vital to American national security interests, including the $13 billion USS Gerald Ford aircraft carrier(2). Key Growth Drivers and Market Opportunities * Surging Regional Infrastructure Demand: Supported by recent federal investment, the South Atlantic Region is experiencing an unprecedented surge in construction projects, driving demand for recycled metals(3). * Domestic Market Shift: Greenwave projects 75% of revenue will stem from domestic sales in 2025, up from 41% over the previous four years, as President-elect Trump's anticipated tariffs and trade policies reshape global steel market dynamics. This transition is expected to result in very significant revenue growth and margin expansion. * Sustainability Leadership: Operating 13 strategically located recycling facilities, Greenwave aligns with the growing emphasis on sustainable, domestically sourced ferrous and non-ferrous metals. The leading U.S. steel producers aim for more than 97% of their raw material to be composed of recycled metals (1)(4). Positioning for a Strategic Transaction Greenwave recently acquired the real estate for seven of its core facilities – thus reducing the Company's annual rent expenses by approximately $1.7 million, enhancing cashflow and positioning the Company for potential high-value strategic transactions. Unmatched Competitive Edge in the Metal Recycling Industry Greenwave holds a portfolio of highly coveted operational licenses for the Company's metal recycling facilities. These licenses, often protected by grandfathered municipal codes, provide significant barriers to entry to competitors in Greenwave's tightly regulated markets. Key highlights include: * Norfolk, VA Facility: Positioned near the largest U.S. Naval Base, Greenwave's Norfolk facility benefits from a steady influx of prime scrap metal and holds one of the only Virginia Department of Motor Vehicles automotive recycler/demolisher licenses in the city. * Virginia Beach, VA Facility: Greenwave operates the sole metal recycling facility in the state's largest city, Virginia Beach, strategically located near NAS Oceana and the region's thriving industrial core. * Portsmouth, VA Facility: A cost-effective hub for domestic and international shipments due to its proximity to the Port of Virginia, the Company's Portsmouth facility holds a license protected by grandfathered regulations. Twenty-year Relationship with Sims Metal Greenwave generated $20.7 and $18.0 million in revenue from Sims Metal, the world's largest scrap metal company, in 2023 and 2022, respectively, underscoring market confidence. Peer Benchmarking Supports Valuation Upside Steelmakers are leading a wave of consolidation, securing the supply of raw materials to feed a projected increase of 16 million tons of annual capacity in the coming years(5). * Sims Metal acquired Baltimore Scrap Corp. for $220 million in August 2023. Baltimore Scrap operates 17 yards, four shredders, and processes 600,000 metric tons of scrap each year(6). * Nucor acquired the assets of Garden Street Iron & Metal, including one feeder and one shredder yard, in 2023. The terms of the acquisition were not disclosed(7). * Cleveland-Cliffs acquired Ferrous Processing and Trading Co. for $775 million in 2021. FPT is a leading U.S. processor, buyer, seller, and recycler of scrap metals(8). * Steel Dynamics completed the acquisition of Roca Acero for $90 million in October 2022. Roca Acero's operations include five scrap processing facilities in Northern and central Mexico, with an annual processing capacity of approximately 850,000 gross tons(9). Recent Insider Buying Over the past two weeks, during an open trading window, several of our officers and directors purchased significant numbers of Greenwave shares on the open market: * Greenwave's Chairman and CEO, Danny Meeks, purchased 377,002 shares of common stock at $0.66/share. * Independent Director Jason Adelman, an experienced investment banker, small cap investor and a graduate of the University of Pennsylvania and Cornell Law School, purchased 100,000 shares of common stock at $0.66/share. * Audit Committee Chair Henry Sicignano III, a former CEO of Nasdaq-listed company and double-Harvard graduate (both undergraduate and MBA), purchased 100,000 shares of common stock at $0.659/share. A Unique and Compelling Opportunity In my twenty years working in the scrap metal industry, I have never been more bullish about the future prospects of our business. Greenwave is entering FY 2025 in an incredibly strong financial position, with optimal trade conditions, and numerous upcoming catalysts that are expected to be truly transformative for the Company. The scrap metal industry is rapidly consolidating. We believe Greenwave's extensive footprint, grandfathered licenses, and relationships with key suppliers offer a unique and compelling opportunity for our company and shareholders. Greenwave currently provides subsidiaries of Nucor Corporation, Cleveland-Cliffs, Inc., Sims Limited, Georgia-Pacific, and several other steel producers, with a reliable supply of mill-ready shred, sourced from thousands of corporations, municipalities, and individuals in Virginia, North Carolina, and Ohio. Indeed, Greenwave is executing on all fronts and I am grateful for your continued support. We look forward to updating you on our progress and on important industry developments in the coming days and weeks. In the meantime, the people of Greenwave wish you and your families a happy holiday season… and a healthy, prosperous New Year. Sincerely, Danny Meeks Chairman and Chief Executive Officer Greenwave Technology Solutions, Inc. (1) https://assets.ctfassets.net/aax1cfbwhqog/1B2AplzfIpH2aiSws0qoNf/db895286e45c8b18e21b1f7e2496ea8d/NSLexington_Event_Fact_Sheet_4.6.22.pdf (2) https://ncchamber.com/2024/02/07/nucor-steel-hertford-galvanizes-community-north-carolina-manufacturing/ (3) https://www.industryweek.com/leadership/growth-strategies/article/21238679/nucor-to-build-new-350-million-micro-mill-in-north-carolina (4) https://www.clevelandcliffs.com/sustainability/environment (5) https://ionanalytics.com/insights/mergermarket/trash-to-treasure/ (6) Sims Limited / 2024 Annual Report / Note 24 - Business Acquisitions and Disposals / (a) Baltimore Scrap Corporation / Page 124 (Link) (7) https://www.recyclingtoday.com/news/river-metals-recycling-acquires-garden-street-iron-metal-ohio-yards/ (8) https://www.clevelandcliffs.com/news/news-releases/detail/533/cleveland-cliffs-enters-the-scrap-business-and-announces (9) https://www.bglco.com/insights/scrap-metal-ma-market-update/ About Greenwave – One of the Mid Atlantic's Leading Metal Recyclers As an operator of 13 metal recycling facilities, Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) supplies leading steel mills and industrial conglomerates with ferrous and non-ferrous metal. With steel being one of the most recycled materials worldwide, Greenwave supplies the raw metal utilized in critical infrastructure projects and U.S. warships vital to American national security interests. Headquartered in Chesapeake, VA, the Company has 167 employees with metal recycling operations across Virginia, North Carolina, and Ohio. For detailed financials and updates, visit www.GWAV.com. Forward-looking Statements This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements about its revenue growth, opening of additional locations, margin expansion and cashflow projections. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, the Company can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company's control), assumptions and other factors that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for the Company's common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the SEC. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Greenwave Technology Solutions (PRNewsfoto/Greenwave Technology Solutions) Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/greenwave-technology-solutions-inc-nasdaqgwav-issues-chairmans-letter-302333295.html SOURCE Greenwave Technology Solutions View Comments (1) Terms and Privacy Policy Privacy Dashboard -------------------------------------------------------------------------------- * -------------------------------------------------------------------------------- * -------------------------------------------------------------------------------- * -------------------------------------------------------------------------------- * -------------------------------------------------------------------------------- * -------------------------------------------------------------------------------- * -------------------------------------------------------------------------------- * -------------------------------------------------------------------------------- RECOMMENDED STORIES Copyright © 2024 Yahoo. 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