Item 1 (Business) text was not provided. Based on the available financials, the company is a capital-intensive operating business with substantial property, plant and equipment and generated $46,660,320 of revenue in fiscal 2025 and a net loss of $21,596,628; core products/services, principal markets/customers, geographic footprint and headcount were not disclosed in the provided text.

# Company Name

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- Item 3 — Mine Safety Disclosures
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- Principal markets and customers
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Greenwave Technology Solutions, Inc. is a Delaware-incorporated environmental services company specializing in waste recycling, scrap yard operations, equipment sales, and property ownership.

# Greenwave Technology Solutions, Inc. - Company Summary

## Overview
Greenwave Technology Solutions, Inc. is a Delaware-incorporated company engaged in waste recycling, waste disposal, and related environmental services. The company has a significant focus on scrap yard operations, equipment sales, and property ownership related to its core business activities.

## Business Activities
- **Scrap Yard Operations:** The company owns and operates multiple scrap yards, including properties and licenses/permits associated with these yards.
- **Equipment Sales and Financing:** The Company sells and finances equipment, including shredders and downstream systems. It also purchases equipment from related parties, including trucks and vehicles used in hauling.
- **Property Ownership and Transactions:** The company has acquired multiple properties underlying its scrap yards, including parcels and associated licenses, through detailed sale agreements and promissory notes.
- **Related Party Transactions:** Extensive dealings with entities controlled by its Chief Executive Officer, Danny Meeks, including leases, equipment sales, property transactions, and service arrangements.
- **Customer Base and Revenue:** Specific details such as the number of customers, revenue figures, or income are not directly provided in the document; thus, cannot be summarized.
- **Employees:** The number of employees is not specified in the provided material.
- **Financials:** Exact revenue, net income, or other financial metrics are not included in the summary.

## Corporate Details
- **Executive Leadership:** The company is led by CEO and Chairman Danny Meeks, with other directors and officers involved in governance.
- **Shareholder Base:** Includes significant ownership held by Danny Meeks and an entity controlled by him, as well as other notable shareholders like Joseph Reda.
- **Stock and Equity Plans:** The Company has multiple stock incentive plans with thousands of shares reserved for issuance, including various stock options, warrants, and preferred stock.

## Governance
- **Board Composition:** The Board consists of three members, with two independent directors meeting Nasdaq independence standards.
- **Committees:** The Board has established Audit, Compensation, Nominating and Corporate Governance, and Sustainability Committees to oversee different aspects of corporate governance and risk management.
- **Risk Oversight:** The Board oversees operational risks and management strategies, with specific committees coordinating on areas like environmental and social governance.

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**Note:** Specific quantitative data such as number of customers, total revenue, profit margins, and employee count are not provided in the supplied document and therefore cannot be included in this summary.

Greenwave Technology Solutions, Inc. is a metal recycling company specializing in ferrous and nonferrous metals, operating facilities across Virginia, North Carolina, and Ohio.

# Greenwave Technology Solutions, Inc.

## Company background
Founded on April 26, 2013 as MassRoots, Inc., the company changed its name to Greenwave Technology Solutions, Inc. in October 2021 after selling its social media assets.

## Business transition
On September 30, 2021 the company acquired Empire Services, Inc. and moved into the scrap metal industry. It discontinued all social media operations in late 2021.

## Operations and products
Greenwave focuses on metal recycling, processing both ferrous and nonferrous materials:
- Ferrous: heavy melting steel, plate and structural steel, shredded scrap  
- Nonferrous: aluminum, copper, stainless steel, nickel, brass, titanium, lead, and precious metals recovered from catalytic converters

The company operates shredding facilities equipped with separation technology to maximize metal recovery.

## Facilities and expansion
Greenwave operates recycling facilities in Virginia, North Carolina, and Ohio. As part of its expansion, the company opened a metal recycling facility in Cleveland, Ohio in the second quarter of 2023.

## Workforce
The company employed 131 people as of April 15, 2024.

## Customers and revenue concentration
Customer revenue is concentrated among a small number of large customers:
- For the fiscal year ended December 31, 2023: the largest customer accounted for approximately 58.08% of revenue and the second-largest about 5.61%  
- For the fiscal year ended December 31, 2022: three large customers individually accounted for roughly 53%, 16%, and 13% of revenue

## Pricing and market dynamics
Pricing is set according to prevailing market rates and is influenced by market cycles, global demand, and government regulation. The company adjusts its purchasing prices in response to changes in scrap metal selling prices to maintain operational income stability.

## Revenue streams
Revenue comes from sales of processed ferrous and nonferrous scrap metals and catalytic converters. The company also provides recycling services to large corporations, industrial manufacturers, retail customers, and government organizations.

## Financial position
Greenwave has a limited operating history and has not historically been profitable. The business has faced going-concern considerations and financial instability tied to fluctuating scrap metal prices and broader economic cycles.

Greenwave Technology Solutions, Inc.

10-K / June 15, 2026

10-K / April 30, 2025

10-K / April 16, 2024

10-K / June 15, 2026

Company Name