04:34 PM EDT, 08/20/2025 (MT Newswires) -- Greenwave Technology Solutions ( GWAV ) said it will hold a 1-for-110 reverse split of its stock, effective at 5 pm ET on Friday, to regain compliance with the Nasdaq's minimum bid price listing requirement.

Shares will begin trading on a split-adjusted basis at market open on Aug. 25, according to a statement late Wednesday.

The split will reduce Greenwave's common shares to 570,858 from nearly 62.8 million, it said.