Greenwave eliminates all convertible debt

Final conversion of $18 million in convertible debt occurred today greenwave eliminated an additional $17.2 million in debt held by chairman company now has no convertible debt or preferred shares outstanding greenwave bolsters balance sheet with $21.8 million in cash chesapeake, va. , may 22, 2024 /prnewswire/ -- greenwave technology solutions, inc. ("greenwave" or the "company") (nasdaq: gwav), an operator of metal recycling facilities in virginia, north carolina, and ohio, today announced that it has retired all of its convertible debt and preferred shares.
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