Greenwave Technology Solutions, Inc. (GWAV) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
GWAV currently has 830K outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 599.87% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 1 stock split (positive for accessibility) and 1 reverse split (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Mar 06, 2026 |
10-Q filing | 0.8M shares outstanding |
830K | 0 |
| Nov 19, 2025 |
10-Q filing | 0.8M shares outstanding |
830K | 0 |
| Aug 22, 2025 |
Stock Split
8-K filing: Stock split 1-for-110 | Outstanding: 57,169,509 → 519,670 |
520K | 0 |
| Apr 15, 2025 |
10-K filing | 57.2M shares outstanding |
57M | 0 |
| Feb 11, 2025 |
8-K filing: Greenwave Technology Solutions, Inc. entered into a securities purchase agreement to sell 21,100,000 shares of common stock in a registered direct offering and accompanying warrants in a concurrent private placement for gross proceeds of approximately $7 million. ($7.0M proceeds) |
22M | 31M |
| Jan 13, 2025 |
8-K filing: Greenwave Technology Solutions, Inc. executed a registered direct offering of 7,544,323 shares of common stock and concurrent private placement of warrants, and also exchanged existing warrants for 5,327,401 shares of common stock. ($4.0M proceeds) |
22M | 31M |
| Dec 02, 2024 |
8-K filing: Greenwave Technology Solutions, Inc. issued 450,000 shares of Series A-1 Preferred Stock to DWM Properties LLC, KPAJ, LLC, and Oceana Salvage Properties, L.L.C. at an aggregate valuation of $3,300,084 as part of a purchase agreement for certain premises. ($3.3M proceeds) |
22M | 31M |
| Nov 18, 2024 |
8-K filing: Greenwave Technology Solutions, Inc. filed a Certificate of Designations, Preferences and Rights of Series A-1 Preferred Stock, authorizing the issuance of 450,000 shares of preferred stock. |
22M | 31M |
| Nov 15, 2024 |
10-Q filing | 22.4M shares outstanding |
22M | 31M |
| Aug 19, 2024 |
10-Q filing | 20.2M shares outstanding |
20M | 33M |
| Jul 19, 2024 |
S-3 filing: This S-3 filing relates to the resale of common stock and shares issuable upon exercise of warrants by selling stockholders. |
4.3M | 49M |
| Jun 11, 2024 |
8-K filing: Greenwave Technology Solutions, Inc. entered into a securities purchase agreement to sell 5,044,885 shares of common stock and accompanying warrants for gross proceeds of approximately $15.3 million. ($15.3M proceeds) |
4.3M | 0 |
| May 31, 2024 |
Stock Split
8-K filing: Stock split 1-for-150 | Outstanding: 639,663,407 → 4,264,422 |
4.3M | 0 |
| May 20, 2024 |
10-Q filing | 639.7M shares outstanding |
640M | 0 |
| May 16, 2024 |
8-K filing: The Company exchanged 1,000 shares of Series D Preferred Stock for 200,000,000 shares of common stock with DWM Properties LLC. |
44M | 110M |
| Apr 22, 2024 |
8-K filing: Greenwave Technology Solutions, Inc. executed a registered direct offering and concurrent private placement, selling 45,058,612 shares of common stock and accompanying warrants, and also exchanged a secured promissory note for 61,853,899 shares of common stock. ($5.26M proceeds) |
44M | 110M |
| Apr 16, 2024 |
10-K filing | 44.1M shares outstanding |
44M | 110M |
| Apr 01, 2024 |
8-K filing: Greenwave Technology Solutions, Inc. issued shares through warrant exercises and convertible debt conversions, and entered into an exchange agreement for Series D Convertible Preferred Stock. ($14.88M proceeds) |
17M | 140M |
| Mar 18, 2024 |
8-K filing: Greenwave Technology Solutions, Inc. extended warrant exercise inducement offer letters to holders of existing warrants, potentially resulting in the issuance of up to 32,295,704 shares of common stock and approximately $3,294,161 in gross proceeds if all existing warrants are exercised. ($3.29M proceeds) |
17M | 140M |
| Nov 14, 2023 |
10-Q filing | 16.6M shares outstanding |
17M | 140M |
| Aug 31, 2023 |
S-3 filing: This prospectus relates to the resale, from time to time, by the selling stockholders named herein of up to: (i) an aggregate of 114,795,915 shares of our common stock issuable upon the conversion of a new series of senior secured convertible notes; (ii) an aggregate of 4,420,460 shares of our common stock issuable upon exercise of certain outstanding warrants issued in connection with the Senior Notes; and (iii) an aggregate of 5,022,332 shares of our common stock issuable upon exercise of certain outstanding warrants issued in a private placement conducted on August 21, 2023 concurrently with a registered direct offering. |
120M | 28M |
| Aug 22, 2023 |
8-K filing: Greenwave Technology Solutions, Inc. sold 2,511,166 shares of common stock and accompanying warrants in a registered direct offering for gross proceeds of $3,189,181. ($3.19M proceeds) |
11M | 17M |
| Aug 14, 2023 |
10-Q filing | 11.3M shares outstanding |
11M | 17M |
| Aug 03, 2023 |
8-K filing: Greenwave Technology Solutions, Inc. completed a private placement, selling senior secured convertible notes and warrants to institutional investors for approximately $15,000,000, consisting of cash and exchanged debt. Also, Danny Meeks exchanged Series Z Preferred Stock for 1,013,500 shares of Common Stock. |
11M | 17M |
| May 15, 2023 |
10-Q filing | 11.2M shares outstanding |
11M | 17M |
| Apr 18, 2023 |
S-3 filing: Greenwave Technology Solutions, Inc. files an S-3 to offer and sell up to an aggregate amount of $100,000,000 of any combination of common stock, preferred stock, and debt securities. |
11M | 17M |
| Mar 31, 2023 |
10-K filing | 11.3M shares outstanding |
11M | 17M |
| Dec 30, 2022 |
S-1 filing: The company issued multiple convertible promissory notes and warrants, some of which were converted into shares of common stock or preferred stock. The company also settled some notes for cash or preferred stock. |
11M | 17M |
| Nov 14, 2022 |
10-Q filing | 10.7M shares outstanding |
11M | 17M |
| Sep 16, 2022 |
8-K filing: Greenwave Technology Solutions, Inc. issued warrants to purchase 2,726,043 shares of common stock in exchange for waiving certain liquidated damages, and agreed to reduce the exercise price of existing warrants from $7.52 to $5.50. |
10M | 18M |
| Aug 10, 2022 |
10-Q filing | 10.2M shares outstanding |
10M | 18M |
| Aug 01, 2022 |
S-3 filing: Greenwave Technology Solutions, Inc. files an S-3 to offer and sell up to $100,000,000 in common stock, preferred stock, and debt securities. |
10M | 18M |
| May 16, 2022 |
10-Q filing | 3.3M shares outstanding |
3.3M | 140K |
| Apr 18, 2022 |
S-1/A filing: This SEC filing discusses convertible notes payable, and related transactions, including issuances, conversions, and settlements of these notes. |
3.3M | 140K |
| Apr 14, 2022 |
10-K filing | 3.3M shares outstanding |
3.3M | 2.4M |
| Feb 28, 2022 |
Stock Split
8-K filing: Stock split 1-for-300 | Outstanding: 994,871,337 → 3,312,921 |
3.3M | 2.5M |
| Dec 20, 2021 |
S-1 filing: This prospectus relates to the resale of common stock issuable upon conversion of convertible notes and exercise of warrants issued pursuant to a November 2021 private placement. |
990M | 750M |
| Dec 06, 2021 |
8-K filing: MassRoots, Inc. closed a private placement on November 30, 2021, selling approximately $37.7 million in senior secured convertible notes and warrants to institutional investors. ($37.7M proceeds) |
990M | 0 |
| Nov 22, 2021 |
10-Q filing | 994.9M shares outstanding |
990M | 0 |
| Oct 06, 2021 |
8-K filing: MassRoots, Inc. entered into a merger agreement with Empire Merger Corp., Empire Services, Inc., and Danny Meeks to acquire Empire, resulting in the issuance of 495,000,000 shares of MassRoots common stock to the Stockholder of Empire. |
500M | 0 |
| Aug 23, 2021 |
10-Q filing | 499.9M shares outstanding |
500M | 0 |
| Jun 25, 2021 |
10-Q filing | 499.9M shares outstanding |
500M | 0 |
| Apr 16, 2021 |
10-K filing | 498.2M shares outstanding |
500M | 0 |
| Apr 02, 2021 |
8-K filing: MassRoots, Inc. sold and issued 3.75 shares of Series X Convertible Preferred Stock to an accredited investor for $75,000, closing on March 15, 2021. Each share of Series X Preferred Stock is convertible into 10,000,000 shares of common stock, subject to certain adjustments and limitations. ($0.08M proceeds) |
490M | 0 |
| Feb 23, 2021 |
8-K filing: MassRoots, Inc. sold and issued 6.25 shares of Series X Convertible Preferred Stock for $125,000 in aggregate proceeds between February 16, 2021 and February 22, 2021. ($0.13M proceeds) |
490M | 0 |
| Dec 30, 2020 |
8-K filing: MassRoots, Inc. sold and issued 12.75 shares of Series X Convertible Preferred Stock for $255,000 in gross proceeds. ($0.26M proceeds) |
490M | 0 |
| Dec 29, 2020 |
8-K filing: The Company entered into a Letter of Intent to acquire Herbfluence's technology platform and related assets in exchange for 12.5 shares of newly-created Series Z preferred stock with a stated value of $20,000 per share; the transaction is not yet complete and subject to due diligence and definitive agreements. |
490M | 0 |
| Dec 18, 2020 |
10-Q filing | 493.7M shares outstanding |
490M | 0 |
| Sep 04, 2020 |
10-Q filing | 384.3M shares outstanding |
380M | 0 |
| Sep 04, 2020 |
10-Q filing | 493.7M shares outstanding |
490M | 0 |
| Jul 16, 2020 |
10-K filing | 168.7M shares outstanding |
170M | 0 |
| Feb 26, 2020 |
10-Q filing | 168.7M shares outstanding |
170M | 0 |