Greenwave Technology Solutions, Inc. Preparing for Massive Demand Influx Amid 25% Tariffs on Steel and Aluminum Without Exceptions or Exemptions
Greenwave Technology Solutions' Response to Tariffs: The company is preparing for increased demand for its domestically-sourced scrap metal products due to President Trump's announcement of a 25% tariff on steel and aluminum imports without exceptions, which is expected to drive prices higher.
Strategic Positioning and Growth: Greenwave anticipates significant revenue growth and profit margin expansion in fiscal year 2025, supported by its operations across Virginia, North Carolina, and Ohio, as well as investments in infrastructure and technology.
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Greenwave Appoints New Chief Financial Officer
- Executive Appointment: Greenwave Technology Solutions appointed Chelsea Pullano as Chief Financial Officer effective February 5, 2026, aiming to enhance financial management and strategic support, thereby improving overall operational efficiency.
- Collaboration Agreement: This appointment is linked to the scope of work agreement signed with MACK Financial Solutions on January 2, 2026, under which MACK will provide professional services for financial reporting and SEC compliance, ensuring transparency and regulatory adherence.
- Extensive Experience: Pullano brings extensive financial expertise, having served as CFO of Creatd, Inc. and co-founding MACK, which is expected to provide strategic financial oversight and executive support to Greenwave.
- Expansion Plans: Greenwave plans to aggressively expand its operations in Virginia, North Carolina, and Ohio by acquiring independent, profitable scrap yards, thereby enhancing its competitive position in the market.
Greenwave Receives Staff Determination Letter from Nasdaq and Plans to Request a Hearing for Continued Listing
Company's Compliance Issues: Greenwave Technology Solutions received a Staff Determination Letter from Nasdaq due to non-compliance with the Filing Rule, as it failed to file its Quarterly Reports for multiple periods by the required deadlines.
Potential Suspension of Trading: The company's securities may be suspended from trading on Nasdaq starting November 28, 2025, unless it appeals the determination by November 25, 2025.
Appeal Process: Greenwave intends to request a hearing to appeal the Staff's determination, which would temporarily stay the suspension of its securities for at least 15 days.
Company Overview: Greenwave operates 13 metal recycling facilities and plans to expand by acquiring profitable scrap yards, emphasizing the environmental benefits of recycling steel.
Stock Splits Scheduled for This Week (August 25 to August 29) – Keep Your Investments Active
Upcoming Stock Splits: Several companies are set to execute reverse stock splits between August 25 and August 29, aimed at increasing share prices and meeting Nasdaq compliance requirements.
Company Examples: Notable companies include Graphjet Technology (1-for-60), Foresight Autonomous Holdings (1-for-7), and Greenwave Technology Solutions (1-for-110), all implementing reverse splits to enhance their market standing.
Market Implications: Reverse stock splits can signal strategic shifts for companies, potentially attracting more retail investors and improving compliance with exchange listing standards.
Additional Companies: Other firms like SU Group Holdings, Quhuo Limited, and Americas Gold and Silver Corp are also undertaking similar actions to consolidate shares and strengthen their capital structures.
EpicQuest Education Shares Surge Over 81%; Check Out 20 Stocks Making Moves in Premarket Trading
EpicQuest Education Group Performance: EpicQuest Education Group International Ltd (EEIQ) saw a significant rise in shares, climbing 81.5% to $0.98 after reporting first-half fiscal results with revenues of $5.37 million, a 29.1% increase from the previous year.
Other Notable Gainers: Several other stocks experienced notable pre-market gains, including Cycurion Inc (CYCU) up 66.8%, Azitra Inc (AZTR) up 44%, and Educational Development Corp (EDUC) up 16.3%.
Stocks Declining in Pre-Market: Conversely, Aptorum Group Limited (APM) fell 38.1%, Aethlon Medical, Inc. (AEMD) dropped 17.8%, and OceanPal Inc. (OP) declined 16.3% in pre-market trading.
Market Overview: The overall market showed mixed results with various companies experiencing fluctuations in stock prices following recent announcements and earnings reports.
Nordson Shares Rise Over 5%; Check Out 20 Stocks Making Moves in Premarket Trading
Nordson Corporation Performance: Nordson Corporation's shares rose 5.4% in pre-market trading after reporting third-quarter revenue of $741.51 million, exceeding analyst expectations of $722.57 million, with adjusted earnings per share at $2.73.
Other Gainers: Aethlon Medical saw a significant increase of 68.2%, while Tharimmune and Brazil Potash also reported substantial gains of 53.8% and 35.8%, respectively, due to positive announcements regarding stock offerings and agreements.
Notable Losers: ModivCare's shares plummeted 41.1% following its Chapter 11 filing for restructuring, while Coty Inc. fell 21.4% despite reporting higher-than-expected revenue but missing earnings estimates.
Market Overview: The pre-market trading session showed a mix of gains and losses among various stocks, reflecting reactions to recent financial results and corporate announcements.
Greenwave CEO Danny Meeks to be Interviewed on Good Morning America to Discuss Tariffs on Steel and Aluminum Imports Today
Tariffs on Steel and Aluminum: Tariffs on all foreign steel and aluminum imports are now in effect without exceptions, expected to remain due to national security concerns, while Greenwave Technology Solutions is poised for revenue growth from increased demand for scrap metal linked to President Trump's shipbuilding initiative.
Greenwave's Operations and Future Prospects: Greenwave operates 13 recycling facilities across Virginia, North Carolina, and Ohio, supplying domestically-sourced metals to major industry players, and anticipates further revenue growth with forthcoming copper tariffs.
Greenwave Appoints New Chief Financial Officer
- Executive Appointment: Greenwave Technology Solutions appointed Chelsea Pullano as Chief Financial Officer effective February 5, 2026, aiming to enhance financial management and strategic support, thereby improving overall operational efficiency.
- Collaboration Agreement: This appointment is linked to the scope of work agreement signed with MACK Financial Solutions on January 2, 2026, under which MACK will provide professional services for financial reporting and SEC compliance, ensuring transparency and regulatory adherence.
- Extensive Experience: Pullano brings extensive financial expertise, having served as CFO of Creatd, Inc. and co-founding MACK, which is expected to provide strategic financial oversight and executive support to Greenwave.
- Expansion Plans: Greenwave plans to aggressively expand its operations in Virginia, North Carolina, and Ohio by acquiring independent, profitable scrap yards, thereby enhancing its competitive position in the market.
Greenwave Receives Staff Determination Letter from Nasdaq and Plans to Request a Hearing for Continued Listing
Company's Compliance Issues: Greenwave Technology Solutions received a Staff Determination Letter from Nasdaq due to non-compliance with the Filing Rule, as it failed to file its Quarterly Reports for multiple periods by the required deadlines.
Potential Suspension of Trading: The company's securities may be suspended from trading on Nasdaq starting November 28, 2025, unless it appeals the determination by November 25, 2025.
Appeal Process: Greenwave intends to request a hearing to appeal the Staff's determination, which would temporarily stay the suspension of its securities for at least 15 days.
Company Overview: Greenwave operates 13 metal recycling facilities and plans to expand by acquiring profitable scrap yards, emphasizing the environmental benefits of recycling steel.
Stock Splits Scheduled for This Week (August 25 to August 29) – Keep Your Investments Active
Upcoming Stock Splits: Several companies are set to execute reverse stock splits between August 25 and August 29, aimed at increasing share prices and meeting Nasdaq compliance requirements.
Company Examples: Notable companies include Graphjet Technology (1-for-60), Foresight Autonomous Holdings (1-for-7), and Greenwave Technology Solutions (1-for-110), all implementing reverse splits to enhance their market standing.
Market Implications: Reverse stock splits can signal strategic shifts for companies, potentially attracting more retail investors and improving compliance with exchange listing standards.
Additional Companies: Other firms like SU Group Holdings, Quhuo Limited, and Americas Gold and Silver Corp are also undertaking similar actions to consolidate shares and strengthen their capital structures.
EpicQuest Education Shares Surge Over 81%; Check Out 20 Stocks Making Moves in Premarket Trading
EpicQuest Education Group Performance: EpicQuest Education Group International Ltd (EEIQ) saw a significant rise in shares, climbing 81.5% to $0.98 after reporting first-half fiscal results with revenues of $5.37 million, a 29.1% increase from the previous year.
Other Notable Gainers: Several other stocks experienced notable pre-market gains, including Cycurion Inc (CYCU) up 66.8%, Azitra Inc (AZTR) up 44%, and Educational Development Corp (EDUC) up 16.3%.
Stocks Declining in Pre-Market: Conversely, Aptorum Group Limited (APM) fell 38.1%, Aethlon Medical, Inc. (AEMD) dropped 17.8%, and OceanPal Inc. (OP) declined 16.3% in pre-market trading.
Market Overview: The overall market showed mixed results with various companies experiencing fluctuations in stock prices following recent announcements and earnings reports.
Nordson Shares Rise Over 5%; Check Out 20 Stocks Making Moves in Premarket Trading
Nordson Corporation Performance: Nordson Corporation's shares rose 5.4% in pre-market trading after reporting third-quarter revenue of $741.51 million, exceeding analyst expectations of $722.57 million, with adjusted earnings per share at $2.73.
Other Gainers: Aethlon Medical saw a significant increase of 68.2%, while Tharimmune and Brazil Potash also reported substantial gains of 53.8% and 35.8%, respectively, due to positive announcements regarding stock offerings and agreements.
Notable Losers: ModivCare's shares plummeted 41.1% following its Chapter 11 filing for restructuring, while Coty Inc. fell 21.4% despite reporting higher-than-expected revenue but missing earnings estimates.
Market Overview: The pre-market trading session showed a mix of gains and losses among various stocks, reflecting reactions to recent financial results and corporate announcements.
Greenwave CEO Danny Meeks to be Interviewed on Good Morning America to Discuss Tariffs on Steel and Aluminum Imports Today
Tariffs on Steel and Aluminum: Tariffs on all foreign steel and aluminum imports are now in effect without exceptions, expected to remain due to national security concerns, while Greenwave Technology Solutions is poised for revenue growth from increased demand for scrap metal linked to President Trump's shipbuilding initiative.
Greenwave's Operations and Future Prospects: Greenwave operates 13 recycling facilities across Virginia, North Carolina, and Ohio, supplying domestically-sourced metals to major industry players, and anticipates further revenue growth with forthcoming copper tariffs.
