Home / Going-concern warnings / Greenwave Technology Solutions, Inc.

5/5Greenwave Technology Solutions, Inc. (GWAV): Going-concern doubt

Filed 2026-06-15 · Form 10-K · Accession 0001493152-26-028562 nano

Market data

Price before filing: $3.46 (2026-06-12 close, split/dividend-adjusted)
Market cap at flag: $2.9M (2026-06-15) · Latest: $2.1M (2026-10-16)

What happened next

WindowGWAVSPYvs SPY
30 days-15.3%+2.0%-17.3%2026-07-15
90 days-8.1%+2.8%-10.9%2026-09-14
180 dayspendingpendinguntil 2026-12-12

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"NOTE 2 – GOING CONCERN AND MANAGEMENT'S LIQUIDITY PLANS As of December 31, 2025, the Company had cash of $ 935,763 and a working capital deficit (current liabilities in excess of current assets) of $ ( 18,339,586 ) . During the year ended December 31, 2025, the net cash used in operating activities was $ ( 5,975,441 ) . The accumulated deficit as of December 31, 2025 was $ ( 520,910,428 ) . These conditions raise..."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-K (period 2025-12-31)

Why this score: also within 90 days: Late annual report (NT 10-K), Late quarterly report (NT 10-Q)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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