Form 4: Greenwave Technology Solutions CEO Acquires 200 Million Shares Through Exchange Agreement

Sentiment:

SEC Form 4


Danny Meeks, CEO of Greenwave Technology Solutions, acquired 200 million shares of common stock through an exchange agreement involving Series D Preferred Stock.

Summary

  • On May 10, 2024, Greenwave Technology Solutions entered into an exchange agreement with DWM Properties LLC, an entity wholly-owned by CEO Danny Meeks.
  • Under the agreement, 1,000 shares of Series D Preferred Stock held by DWM Properties LLC were exchanged for 200,000,000 shares of Greenwave Technology Solutions' common stock.
  • Following the transaction, Danny Meeks beneficially owns a total of 266,252,068 shares, including shares held directly and indirectly through DWM Properties LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a change in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.

Key Dates

DateDescription
05/10/2024Date of the exchange agreement between Greenwave Technology Solutions and DWM Properties LLC.
05/14/2024Date of signature of the SEC Form 4 filing by Danny Meeks.

Keywords

Greenwave Technology Solutions, Danny Meeks, DWM Properties LLC, Common Stock, Series D Preferred Stock, Exchange Agreement, Beneficial Ownership, GWAV

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