Greenwave Appoints Outsourced CFO and Engages Financial Solutions Firm Amidst Going Concern Warning

summarizeSummary

Greenwave Technology Solutions appointed Chelsea Pullano as CFO, effective February 5, 2026, as part of an agreement to outsource financial and SEC reporting services to MACK Financial Solutions, LLC, a firm co-founded by Ms. Pullano.

check_boxKey Events

• New Chief Financial Officer Appointed

  Chelsea Pullano was appointed as Chief Financial Officer of Greenwave Technology Solutions, Inc., effective February 5, 2026.

• Interim CFO Resignation

  Danny Meeks resigned from his role as interim Chief Financial Officer in connection with Ms. Pullano's appointment.

• Outsourced Financial Services Agreement

  The company entered into a scope of work agreement with MACK Financial Solutions, LLC, co-founded by Ms. Pullano, to provide professional services including oversight of bookkeeping, financial reporting, and SEC reporting duties.

• Monthly Compensation for Services

  MACK Financial Solutions will receive $7,500 per month for CFO Services and $12,500 per month for MACK Services, totaling $20,000 monthly.

auto_awesomeAnalysis

Greenwave Technology Solutions, a micro-cap company, has appointed Chelsea Pullano as its new Chief Financial Officer, effective February 5, 2026. This appointment is part of a broader agreement with MACK Financial Solutions, LLC, an accounting and advisory firm co-founded by Ms. Pullano, to provide comprehensive outsourced financial and SEC reporting services. This strategic move, occurring on the same day the company reported substantial doubt about its ability to continue as a going concern in its recent 10-Q, signals a critical effort to strengthen financial oversight and compliance. The engagement of an experienced CFO and a specialized firm is a positive step towards addressing the company's severe financial challenges and improving its reporting quality, which is essential for investor confidence, especially while the stock trades near its 52-week low.