PRESS RELEASES

We believe consistent, honest communication with our shareholders is critical to our success.

August 25, 2022

Greenwave to Withdraw Registration Statement on Form S-3

Simultaneous with its NASDAQ listing on July 22, 2022, all of the Company’s convertible debt converted into shares of common stock at a conversion price of $6.02 per share

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Greenwave Appoints Ashley Sickles as Chief Financial Officer

September 19, 2022

The Company is on track to open two additional metal recycling facilities, as well as completing the installation of its second automotive shredder to double its metal processing capacity, in the fourth quarter of 2022

Greenwave to Withdraw Registration Statement on Form S-3

August 25, 2022

Simultaneous with its NASDAQ listing on July 22, 2022, all of the Company’s convertible debt converted into shares of common stock at a conversion price of $6.02 per share

Greenwave Reports Record Q2 2022 Revenues and Cashflows from Operations and Announces it Will Open Two New Metal Recycling Facilities Following Listing on Nasdaq

August 10, 2022

Company to Ring Nasdaq Opening Bell on August 10, 2022. The Company filed its Quarterly Report on Form 10-Q for the Second Quarter of 2022, reporting record revenues of $10.70 million and cashflows from operations of $566,238 for the 6 months ended June 30, 2022

Greenwave to Begin Trading on NASDAQ at Market Open on Friday, July 22, 2022

July 21, 2022

The Company operates 11 metal recycling facilities in Virginia and North Carolina, generating record revenues of $10.70 million during the quarter ended June 30, 2022, and is positioned for rapid expansion

Greenwave Generates Record Revenues of $10.70 Million in Q2 2022, an Increase of 56% over Empire’s Q2 2021 Revenues

July 5, 2022

The Company generated $10.70 million in revenue in the second quarter of 2022 and generated positive cashflows from operations for the six months ending June 30, 2022

Greenwave Generates Record Revenues in Excess of $10 Million in Q2 2022

June 27, 2022

The Company has generated revenues in excess of $10 million during the second quarter of 2022 and expects to generate positive cashflows from operations for the six months ending June 30, 2022

Greenwave Gearing Up for Significant Expansion

June 21, 2022

The installation of the Company’s second automotive shredder and downstream system are on track to be completed in Q3 2022, which is expected to double its processing capacity and expand its profit margins

Greenwave Expects Q2 2022 Revenues to Grow by 40% over Empire’s Q2 2021 Revenues

June 7, 2022

The Company expects revenues for the second quarter of 2022 to grow by 40% over Empire’s second quarter 2021 revenues and to generate positive cashflows from operations for the six months ending June 30, 2022

Greenwave Reports Record Revenues of $9.92 Million in Q1 2022

May 16, 2022

The Company generated positive cashflows from operating activities and eliminated $44 million in derivative liabilities during the first quarter of 2022

Greenwave Appoints Three Independent Directors

April 20, 2022

The Company expects to submit its application to uplist to a national exchange imminently

Greenwave Generates Revenues of $9.7 Million in Q1 2022

April 18, 2022

The Company is currently installing an additional automotive shredder and downstream system which is expected to double its processing capacity

Greenwave to Begin Trading Under Ticker “GWAV”

March 25, 2022

The Company has generated record revenue in the first quarter of 2022 and is preparing its formal application to uplist to a national exchange

Greenwave Experiences Margin Growth as Commodities Prices Surge to Record Highs

March 8, 2022

Prices for copper and steel – two of Empire’s main products – have increased significantly in 2022, driven by increased demand and inflationary pressures

Greenwave Outlines Growth Plans for 2022

March 7, 2022

Company plans to focus on acquiring profitable metal scrap yards in localities where the number of licenses is capped

Greenwave To Begin Trading Under Ticker “GWAV” On March 28, 2022

March 3, 2022

Company on track to meet all stated NASDAQ listing requirements in March 2022

Greenwave Installing Second Automotive Shredder and Downstream Processing System

February 28, 2022

New Machinery Expected to More Than Double Revenue Generating Capacity

Greenwave Technology Solutions to Effect Share Consolidation to Meet Nasdaq Share Price Listing Requirement

February 25, 2022

The effective date of the Consolidation is February 28, 2022. Trading of the Common Shares on a post-Consolidation basis will commence on or about February 28, 2022.

Greenwave Technology Solutions Issues 2022 Chairman’s Letter

January 13, 2022

Fully-funded after closing a $37.7 million offering, Greenwave intends to rapidly expand its footprint of metal recycling facilities, aggressively grow its revenues, and create significant shareholder value this year

Greenwave’s Subsidiary, Empire Services, Generated $19.6 Million in Revenue during First Nine Months of 2021

December 20, 2021

Empire has more than doubled its 2020 revenue in 2021 and expects to further grow its revenues and cashflows generated from operating activities in 2022

Greenwave To Open its 12th Metal Recycling Facility in Fairmont, NC

December 8, 2021

The Company has secured the licenses and permits to open its Fairmont, NC facility on or about January 12, 2022 and is expected to immediately contribute to its revenue growth

Greenwave Announces $37.7 Million Private Placement

December 1, 2021

Company has redeemed all of its Series X and Y preferred shares, retired outstanding debt prior to this offering, and will utilize additional proceeds to accelerate revenue growth

Greenwave Technology Solutions Divests All Social Media Assets

November 1, 2021

Greenwave has no exposure to the cannabis industry and is focused exclusively on expanding its footprint of metal recycling facilities

Greenwave Technology Solutions Issues Chairman’s Letter

October 18, 2021

Company plans to aggressively roll-up metal recycling facilities, expand its Board of Directors, and apply for a listing on the NASDAQ or NYSE.

MassRoots Announces Plan to Adopt New Corporate Name “Greenwave Technology Solutions, Inc.”

October 12, 2021

New Corporate Name Emphasizes Focus on Environmental Technology

Empire Acquires Virginia Beach Metal Recycling Facility

October 6, 2021

Located in Virginia’s largest city, the Company expects its 11th metal recycling facility will be one of its busiest locations in both revenue and recycling volume

MassRoots, Inc. To Present At Dawson James Securities 6th Annual Small Cap Growth Conference

October 4, 2021

MassRoots recently closed its acquisition of Empire Services, Inc. in a transaction valued at approximately $23.6 million.

MassRoots Closes Acquisition of Empire Services, Inc.

October 1, 2021

As a result of the Empire acquisition, MassRoots has shifted its business focus and plans to apply to uplist to a national exchange in the coming weeks

MassRoots Issues Update on its Planned Acquisition of Empire Services, Inc., Which is Continuing its Expansion

July 6, 2021

MassRoots, Inc. recently entered into a Letter of Intent to acquire Empire Services, Inc., which is expected to result in MassRoots generating significant revenues and positive cashflows from operations