UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
On July 19, 2024, Greenwave Technology Solutions, Inc., a Delaware corporation (the “Company”) held a special meeting of stockholders (the “Special Meeting”), and a quorum for the transaction of business was present in person or represented by proxy. As of May 20, 2024, the record date for the Special Meeting, 865,628,790 shares of common stock, par value $0.001 per share of the Company (the “Common Stock”) were issued and outstanding. The holders of Common Stock voted on the following proposals, which are described in more detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on June 3, 2024. The voting results reported below are final.
Proposal 1
Proposal 1 was to approve the adoption of an amendment to the Company’s Amended and Restated By-laws to decrease the number of shares of Common Stock needed to establish a quorum for meetings of stockholders. This proposal was approved based upon the voting results set forth below.
| For | Against | Abstained | Broker Non-Votes | |||
| 485,420,601 | 63,099,341 | 2,004,437 | 1 |
Proposal 2
Proposal 2 was to approve an amendment to the Company’s 2024 Equity Incentive Plan to increase the number of shares of the Company’s Common Stock available and reserved for issuance thereunder to 3,000,000, subject to certain conditions. This proposal was approved based upon the voting results set forth below.
| For | Against | Abstained | Broker Non-Votes | |||
| 386,931,241 | 20,512,961 | 38,682,324 | 104,397,854 |
Proposal 3
Proposal 3 was to approve the issuance of warrants to purchase up to an aggregate of 3,104,382 shares of Common Stock, and the issuance of the shares of Common Stock issuable upon the exercise of such warrants, in accordance with Nasdaq Listing Rule 5635(d). This proposal was approved based upon the voting results set forth below.
| For | Against | Abstained | Broker Non-Votes | |||
| 349,896,717 | 18,998,552 | 77,231,257 | 104,397,854 |
Proposal 4
The proposal to approve an adjournment of the Special Meeting, if necessary or advisable, to solicit additional proxies if there were not sufficient votes in favor of the foregoing proposals was withdrawn because the Company’s stockholders approved and adopted each of the foregoing proposals, as noted above.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
The following exhibit is furnished as part of this Current Report on Form 8-K:
| Exhibit No. | Description | |
| 3.1 | Amendment No. 1 to Amended and Restated Bylaws of the Registrant. | |
| 10.1 | Amendment No. 1 to the Greenwave Technology Solutions, Inc. 2024 Equity Incentive Plan | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| GREENWAVE TECHNOLOGY SOLUTIONS, INC. | ||
| July 19, 2024 | By: | /s/ Danny Meeks |
| Name: | Danny Meeks | |
| Title: | Chief Executive Officer | |