Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) shares are trading higher Tuesday following the company's announcement that it acquired real estate for seven of its core metal recycling facilities, a move expected to enhance its financial and strategic position. Here’s what you need to know.
What To Know: The acquisition was completed through a purchase from the company’s CEO Danny Meeks. The strategic initiative is expected to eliminate $1.7 million in annual rent expenses, substantially improve Greenwave’s cash flow and reduce operating costs, ...