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PRESS RELEASES

We believe consistent, honest communication with our shareholders is critical to our success.

April 1, 2024

Greenwave Technology Solutions Strengthens Balance Sheet by Approximately $14.87 Million

Company Believes it Has Regained Compliance with Nasdaq’s Shareholder Equity Requirement

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Greenwave Technology Solutions Regains Compliance with Nasdaq Market Value of Listed Securities Requirement

April 4, 2024

Nasdaq Grants Company 180 Day Extension to Regain Compliance with $1.00 Minimum Bid Price Requirement

Greenwave Technology Solutions Strengthens Balance Sheet by Approximately $14.87 Million

April 1, 2024

Company Believes it Has Regained Compliance with Nasdaq’s Shareholder Equity Requirement

Greenwave Technology Solutions’ Scrap App Launches A.I. Features to Scale and Grow into New Markets

March 26, 2024

Greenwave is One of the First Companies to Utilize Artificial Intelligence in the $42.3 Billion U.S. Scrap Metal Industry

Greenwave Technology Solutions’ Second Shredder Currently Being Connected to Power Grid by Dominion Energy Ahead of Schedule

March 25, 2024

The second shredder is expected to boost annual revenues by approximately $4.8 million, with significant increase to gross profit

Greenwave Technology Solutions' Scrap App Expands to Richmond, VA Market as it Continues to Capture Market Share

March 4, 2024

ScrapApp.com is Now Serving the Richmond Metropolitan Area – the Third Largest in the Commonwealth of Virginia – Enabling People to Get Paid for their End-of-Life Vehicles

Greenwave Technology Solutions’ Second Shredder Scheduled to Be Connected to Power Grid by April 9, 2024

February 15, 2024

Second shredder is expected to double Greenwave’s ferrous metal processing capacity

Greenwave Technology Solutions Releases Shareholder Update

February 13, 2024

Company on track to generate record revenues in FY 2024

Greenwave Technology Solutions’ Scrap App Continues Capturing Market Share

January 24, 2024

Greenwave Generated Over $200,000 in Revenue from Cars Purchased through Scrap App During its First 130 Days

Company is Developing Artificial Intelligence to Optimize Pricing and Automate Systems to Create Efficiencies as it Continues to Capture Market Share

Greenwave Technology Solutions Receives License from Ohio Bureau of Motor Services

January 24, 2024

Greenwave’s Subsidiary, Empire Metals, is Now Licensed to Purchase Scrap Cars in the State of Ohio
 
Company’s Scrap Car Buying Platform, ScrapApp.com, Continues to Rapidly Scale

Greenwave Technology Solutions Generates More than $9 Million Revenue in Q4 2023

January 22, 2024

Company Grows Revenues More than 10% Over Q3 2023

Greenwave Expects to Significantly Grow Revenues in FY 2024

Greenwave Technology Solutions Commences Operation of Metal Baler, Wire Stripper, and Sheers at Non-Ferrous Processing Facility

January 19, 2024

Equipment Expected to Grow Revenues by Tens of Thousands of Dollars per Month with Signficant Margins

Greenwave Technology Solutions' Scrap App Expands to Second Market as it Continues to Capture Market Share

December 23, 2023

Greenwave Generated Over $100,000 in Revenue from Cars Purchased through Scrap App During its First 90 Days

Greenwave Technology Solutions Announces its Shear Baler is Now Fully Operational at its Cleveland Facility

Sept 26, 2023

Newly installed equipment to significantly increase facility’s metal recycling production capacity and ramp up revenue

Greenwave Technology Solutions Launches Scrap App with AI Pricing Engine in Development 

Sept 14, 2023

Greenwave intends to develop Scrap App into the leading technology platform for the $41.4 billion scrap metal industry

Greenwave Technology Solutions to be Featured on Benzinga All Access at 11:00am EDT on August 30, 2023

August 29, 2023

Topics are expected to include upcoming catalysts including recently announced systems that increase capabilities to drive the company towards $50 million annual revenues 

Greenwave Technology Solutions’ Copper Extraction System Expected to Commence Operations in September 2023

August 29, 2023

New infrastructure and technology coming online to significantly increase processing capacity, resulting in increased annual revenues

Greenwave Technology Solutions Regains Compliance with Nasdaq Listing Standards

August 24, 2023

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.

Greenwave Technology Solutions, Inc. Shareholder Update

August 3, 2023

Company’s downstream processing system has commenced operations and is on track to generate in excess of $1,000,000 per month in revenue with 80%+ margins by the end of 2023.

Greenwave Technology Solutions Reports Third Highest Quarterly Revenues in Company History

August 15, 2023

Greenwave generated $1.23 million in positive cashflows from operations during the six months ended June 30, 2023, a new record for the Company.

Greenwave Appoints Henry Sicignano III and Jason Adelman to Board of Directors

August 10, 2023

"Greenwave strikes me as the single most compelling investment opportunity in the $41.4 billion scrap metal industry." - Henry Sicignano III

Greenwave Secures Property for Metal Recycling Facility in Cleveland, Ohio

February 15, 2023

Greenwave is pleased to announce that it has secured the property formerly occupied by JBI Scrap Processors on East 55th Street in Cleveland, Ohio to open a scrap metal recycling facility.

Greenwave Expects Optimal Market Conditions in 2023

January 30, 2023

Greeenwave is pleased to share that it expects optimal market conditions for scrap metal recycling throughout 2023 and for the foreseeable future, with prices for many of the Company's products near record highs.

Greenwave Secures New Customers to Increase Margins

January 26, 2023

Greenwave is pleased to announce that over the past several months, it has established relationships with leading international and domestic steel mills to secure the best possible prices for each type of metal it processes.

Greenwave CEO Danny Meeks Waives Quarterly Bonuses for Fiscal Year 2023

January 20, 2023

Greenwave’s Chief Executive Officer Danny Meeks has agreed to waive his quarterly bonuses due under his employment agreement for fiscal year 2023. This waiver is expected to reduce operating expenses and improve free cash flow by approximately $1 million.

Greenwave Operating Metal Processing Facility in Chesapeake, VA

January 13, 2023

Greenwave expects its profit margins on the metal processed through its Chesapeake facility will increase by 20-25% as a result of the Company preparing metal for steel mills, stripping wire and non-ferrous metals, and cutting metals to the proper size for shipping both international and domestic

Greenwave’s Norfolk Facility Obtains Automotive Recycler License from Virginia Department of Motor Vehicles

January 11, 2023

The Company’s Norfolk facility – its highest volume yard – now has the ability to purchase scrap cars directly from customers

Greenwave Opens 12th Metal Recycling Facility in Fairmont, NC and Announces Results of its Annual Meeting of Shareholders

December 1, 2022

Greenwave’s shareholders overwhelmingly approved each of proposed corporate actions and elected the Company’s existing board of directors by a wide margin.

Greenwave to Present at Dawson James Small Cap Growth Conference Today at 11:30am ET

October 12, 2022

Greenwave's Chairman and Chief Executive Officer, Danny Meeks, will be presenting at the Dawson James 7th Annual Small Cap Growth Conference this morning, October 12, 2022, at 11:30am ET.

Greenwave Appoints Ashley Sickles as Chief Financial Officer

September 19, 2022

The Company is on track to open two additional metal recycling facilities, as well as completing the installation of its second automotive shredder to double its metal processing capacity, in the fourth quarter of 2022

Greenwave to Withdraw Registration Statement on Form S-3

August 25, 2022

Simultaneous with its NASDAQ listing on July 22, 2022, all of the Company’s convertible debt converted into shares of common stock at a conversion price of $6.02 per share

Greenwave Reports Record Q2 2022 Revenues and Cashflows from Operations and Announces it Will Open Two New Metal Recycling Facilities Following Listing on Nasdaq

August 10, 2022

Company to Ring Nasdaq Opening Bell on August 10, 2022. The Company filed its Quarterly Report on Form 10-Q for the Second Quarter of 2022, reporting record revenues of $10.70 million and cashflows from operations of $566,238 for the 6 months ended June 30, 2022

Greenwave to Begin Trading on NASDAQ at Market Open on Friday, July 22, 2022

July 21, 2022

The Company operates 11 metal recycling facilities in Virginia and North Carolina, generating record revenues of $10.70 million during the quarter ended June 30, 2022, and is positioned for rapid expansion

Greenwave Generates Record Revenues of $10.70 Million in Q2 2022, an Increase of 56% over Empire’s Q2 2021 Revenues

July 5, 2022

The Company generated $10.70 million in revenue in the second quarter of 2022 and generated positive cashflows from operations for the six months ending June 30, 2022

Greenwave Generates Record Revenues in Excess of $10 Million in Q2 2022

June 27, 2022

The Company has generated revenues in excess of $10 million during the second quarter of 2022 and expects to generate positive cashflows from operations for the six months ending June 30, 2022

Greenwave Gearing Up for Significant Expansion

June 21, 2022

The installation of the Company’s second automotive shredder and downstream system are on track to be completed in Q3 2022, which is expected to double its processing capacity and expand its profit margins

Greenwave Expects Q2 2022 Revenues to Grow by 40% over Empire’s Q2 2021 Revenues

June 7, 2022

The Company expects revenues for the second quarter of 2022 to grow by 40% over Empire’s second quarter 2021 revenues and to generate positive cashflows from operations for the six months ending June 30, 2022

Greenwave Reports Record Revenues of $9.92 Million in Q1 2022

May 16, 2022

The Company generated positive cashflows from operating activities and eliminated $44 million in derivative liabilities during the first quarter of 2022

Greenwave Appoints Three Independent Directors

April 20, 2022

The Company expects to submit its application to uplist to a national exchange imminently

Greenwave Generates Revenues of $9.7 Million in Q1 2022

April 18, 2022

The Company is currently installing an additional automotive shredder and downstream system which is expected to double its processing capacity

Greenwave to Begin Trading Under Ticker “GWAV”

March 25, 2022

The Company has generated record revenue in the first quarter of 2022 and is preparing its formal application to uplist to a national exchange

Greenwave Experiences Margin Growth as Commodities Prices Surge to Record Highs

March 8, 2022

Prices for copper and steel – two of Empire’s main products – have increased significantly in 2022, driven by increased demand and inflationary pressures

Greenwave Outlines Growth Plans for 2022

March 7, 2022

Company plans to focus on acquiring profitable metal scrap yards in localities where the number of licenses is capped

Greenwave To Begin Trading Under Ticker “GWAV” On March 28, 2022

March 3, 2022

Company on track to meet all stated NASDAQ listing requirements in March 2022

Greenwave Installing Second Automotive Shredder and Downstream Processing System

February 28, 2022

New Machinery Expected to More Than Double Revenue Generating Capacity

Greenwave Technology Solutions to Effect Share Consolidation to Meet Nasdaq Share Price Listing Requirement

February 25, 2022

The effective date of the Consolidation is February 28, 2022. Trading of the Common Shares on a post-Consolidation basis will commence on or about February 28, 2022.

Greenwave Technology Solutions Issues 2022 Chairman’s Letter

January 13, 2022

Fully-funded after closing a $37.7 million offering, Greenwave intends to rapidly expand its footprint of metal recycling facilities, aggressively grow its revenues, and create significant shareholder value this year

Greenwave’s Subsidiary, Empire Services, Generated $19.6 Million in Revenue during First Nine Months of 2021

December 20, 2021

Empire has more than doubled its 2020 revenue in 2021 and expects to further grow its revenues and cashflows generated from operating activities in 2022

Greenwave To Open its 12th Metal Recycling Facility in Fairmont, NC

December 8, 2021

The Company has secured the licenses and permits to open its Fairmont, NC facility on or about January 12, 2022 and is expected to immediately contribute to its revenue growth

Greenwave Announces $37.7 Million Private Placement

December 1, 2021

Company has redeemed all of its Series X and Y preferred shares, retired outstanding debt prior to this offering, and will utilize additional proceeds to accelerate revenue growth

Greenwave Technology Solutions Divests All Social Media Assets

November 1, 2021

Greenwave has no exposure to the cannabis industry and is focused exclusively on expanding its footprint of metal recycling facilities

Greenwave Technology Solutions Issues Chairman’s Letter

October 18, 2021

Company plans to aggressively roll-up metal recycling facilities, expand its Board of Directors, and apply for a listing on the NASDAQ or NYSE.

MassRoots Announces Plan to Adopt New Corporate Name “Greenwave Technology Solutions, Inc.”

October 12, 2021

New Corporate Name Emphasizes Focus on Environmental Technology

Empire Acquires Virginia Beach Metal Recycling Facility

October 6, 2021

Located in Virginia’s largest city, the Company expects its 11th metal recycling facility will be one of its busiest locations in both revenue and recycling volume

MassRoots, Inc. To Present At Dawson James Securities 6th Annual Small Cap Growth Conference

October 4, 2021

MassRoots recently closed its acquisition of Empire Services, Inc. in a transaction valued at approximately $23.6 million.

MassRoots Closes Acquisition of Empire Services, Inc.

October 1, 2021

As a result of the Empire acquisition, MassRoots has shifted its business focus and plans to apply to uplist to a national exchange in the coming weeks

MassRoots Issues Update on its Planned Acquisition of Empire Services, Inc., Which is Continuing its Expansion

July 6, 2021

MassRoots, Inc. recently entered into a Letter of Intent to acquire Empire Services, Inc., which is expected to result in MassRoots generating significant revenues and positive cashflows from operations

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