Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GWAV | Common Stock | Other | $10M | +200M | +301.88% | $0.05 | 266M | May 10, 2024 | By DWM Properties LLC | F1, F2 |
Id | Content |
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F1 | On May 10, 2024, the Company entered into an exchange agreement (the "Exchange Agreement") with DWM Properties LLC (the "Holder"), an entity wholly-owned by the Reporting Person, pursuant to which the Company and Holder agreed to exchange 1,000 shares of the Company's Series D Preferred Stock held by the Holder for 200,000,000 shares of the Company's Common Stock. |
F2 | The Reporting Person holds 4,398,169 shares of the Company's Common Stock, which consists of (i) 3,575,703 shares of Common Stock and (ii) 822,466 shares of Common Stock underlying warrants. The Holder, an entity wholly-owned by the Reporting Person, holds 261,853,899 shares of Common Stock. |