Greenwave technology solutions announces $3.2 million registered direct offering priced above market

Company to use funds for expansion and accretive acquisitions chesapeake, va. , aug. 21, 2023 /prnewswire/ -- greenwave technology solutions, inc. ("greenwave" or the "company") (nasdaq: gwav), a leading operator of metal recycling facilities in virginia, north carolina and cleveland, ohio, is pleased to announce that it has entered into a definitive agreement with certain institutional and accredited investors for the purchase and sale of 2,511,166 shares of common stock in a registered direct offering priced at $1.27 per share and accompanying warrant, resulting in gross proceeds to the company of $3.2 million, before deducting the placement agent's fees and other offering expenses payable by the company.
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