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$Greenwave Technology Solutions (GWAV.US)$ is someone kind e...

$Greenwave Technology Solutions(GWAV.US)$ is someone kind enough to explain the new filing amendment announced few minutes ago? thanks a heap
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  • Sean Parker : yeah I'm also confused by what it means..

  • 71780680 : this explains it...I'm have to read it a couple more times
    uner share holder I see a lot of not liking to disclose  things[undefined][undefined]

    https://www.sec.gov/info/smallbus/secg/formdguide

  • Ray Sh : If I am not wrong it looks like they are selling $14,934,250USD stock to cover some cost of operation to people in charge. That is my understanding, please correct me if it is not true.

  • Airbags Ray Sh : that's what I got out of it also. but I don't 100% understand the form so can't say I'm right also

  • Airbags : An SEC Form D itself is not inherently good or bad for shareholders. It's a filing made by a company to the SEC to notify them of an offering of securities that is exempt from registration. This means the company doesn't have to go through the full registration process with the SEC, which can be expensive and time-consuming.
    There are both advantages and disadvantages for shareholders to consider:
    Advantages
    * The company may be able to raise capital more quickly and cheaply by using an exemption.
    * The exemption may allow the company to sell securities to a wider range of investors, including non-accredited investors.
    Disadvantages
    * Shareholders may have less information about the offering because the company is not required to register it with the SEC.
    * The offering may be more illiquid, meaning it may be difficult to sell the securities.
    Ultimately, whether an SEC Form D is good for shareholders depends on the specific circumstances of the offering. Shareholders should carefully consider the information in the Form D and other factors before investing.

  • Airbags Airbags : that's from google bard not my brain ha ha

  • NickSaSa : amendment to the previous offering figures.....not new offerings!!

  • Ray Sh : thanks for info

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