SCHEDULE: Anson Funds Discloses 4.9% Stake in Greenwave Tech

Anson Funds Management LP and its affiliates have disclosed a 4.9% beneficial ownership stake in Greenwave Technology Solutions, Inc., totaling 3,212,670 shares.

Summary

• Anson Funds Management LP, Anson Management GP LLC, Mr. Tony Moore, Anson Advisors Inc., Mr. Amin Nathoo, and Mr. Moez Kassam collectively reported beneficial ownership of 3,212,670 shares of Greenwave Technology Solutions, Inc. Common Stock.
• This ownership represents 4.9% of the outstanding class of Common Stock.
• The calculation of the percentage is based on 61,169,509 shares of Common Stock issued and outstanding as of April 30, 2025, plus the 3,212,670 shares receivable upon exercise of warrants held by the reporting persons.
• The shares include Common Stock underlying outstanding warrants, which contain a beneficial ownership limitation preventing exercise if it would result in ownership exceeding 4.99% of the outstanding Common Stock.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 6

Explanation: The filing is a routine disclosure of beneficial ownership, indicating a significant, but passive, stake by an institutional investor. While not inherently positive or negative, it suggests a degree of confidence from the investor in the company's prospects, which can be viewed favorably.

Positives

• Increased institutional ownership by Anson Funds and its affiliates may signal confidence in Greenwave Technology Solutions, Inc.

Negatives

• NA

Risks

• The beneficial ownership limitation on warrants means that the reporting persons cannot increase their stake beyond 4.99% through warrant exercise, potentially limiting their influence or further investment via this mechanism.

Future Outlook

NA

Industry Context

This filing indicates a significant passive investment by a group of investment entities and individuals in Greenwave Technology Solutions, Inc., a company involved in the scrap metal recycling industry. Such disclosures are common for institutional investors taking a passive stake below the 5% threshold that would trigger a Schedule 13D filing, which implies an intent to influence or control the company.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake may be viewed positively, potentially increasing investor confidence and liquidity.
• Company Management: Awareness of a new significant shareholder, though passive, may influence strategic considerations.

Key Dates

Keywords

Greenwave Technology Solutions, Anson Funds, Beneficial Ownership, Schedule 13G, Common Stock, Warrants, Institutional Investor, Scrap Metal Recycling