Greenwave technology solutions, inc. (nasdaq:gwav) issues chairman's letter

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 shareholders, i am pleased to report greenwave will enter 2025 in the strongest strategic and financial position in the history of the company.
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