Greenwave Technology Solutions prices Series B preferred private placement at USD 5.24 conversion price

PUBT · 2d ago
Greenwave Technology Solutions prices Series B preferred private placement at USD 5.24 conversion price
  • Greenwave Technology Solutions closed a private placement of Series B Convertible Preferred Stock on Sept. 9, 2026.
  • Company authorized 3,750 shares of Series B, stated value USD 1,000 per share, convertible into common stock.
  • Initial conversion price set at USD 5.24 per common share, subject to customary anti-dilution adjustments.
  • Conversions capped to prevent any holder from exceeding 4.99% beneficial ownership of common stock.
  • Sale relied on Securities Act exemptions under Section 4(a)(2) and/or Rule 506 of Regulation D.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenwave Technology Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-042431), on September 11, 2026, and is solely responsible for the information contained therein.