Eco Wave Power Global AB

Eco Wave Power Global AB is engaged in the research, development, and manufacture of technology for turning ocean and sea waves into electricity. Its projects include Jaffa Port and Gibraltar wave energy power station. The company was founded by Inna Braverman and David Leb in 2011 and is headquartered in Tel Aviv, Israel.

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STOCKHOLM , July 6, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company"), a leading, publicly traded onshore wave energy company, is pleased to announce that its intention to set up a share repurchase program to repurchase American Depositary Shares corresponding to up to 10 percent of the total number of shares in the Company, which is the maximum amount permitted by the Swedish Law, was approved by Eco Wave Power's shareholders at the 2023 Annual General Meeting (the "AGM"). The AGM resolved on an authorization for the board of directors to resolve on purchases of the Company's own shares in accordance with the following main terms: Share repurchases may be made only on the Nasdaq Capital Market or any other regulated market.

Eco Wave Power's Share Repurchase Program is Approved by the Company's Shareholders At the 2023 Annual General Meeting

STOCKHOLM , June 30, 2023 /PRNewswire/ -- Today, on June 30, 2023, the annual general meeting of Eco Wave Power Global AB (publ) ("Eco Wave Power" or the "Company") was held. Below is a summary of the resolutions passed at the annual general meeting (all in accordance with the proposals presented in the notice to attend the meeting kept available at the Company's website www.ecowavepower.com ).

Bulletin from the Annual General Meeting of Eco Wave Power Global AB (publ)

STOCKHOLM , June 29, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company"), a leading, publicly traded onshore wave energy company, announces its intention to set up a share repurchase program to repurchase American Depositary Shares corresponding to up to 10 percent of the total number of shares in the Company, which is the maximum amount permitted by the Swedish Law. "We believe that the program will allow our leadership to have a greater scope to act and the opportunity to improve the Company's capital structure, driving greater shareholder value and improving the investment value of our company," said Eco Wave Power's Founder and CEO Inna Braverman.

Eco Wave Power Announces Plans for Share Repurchase Program

Eco Wave Power Global (NASDAQ: WAVE ) stock is on the rise Thursday despite a lack of news concerning the wave energy company. There are no new press releases from Eco Wave Power Global that explain why its shares are climbing higher today.

Why Is Eco Wave Power Global (WAVE) Stock Up 58% Today?

Once installed, the landmark project will be Taiwan's first onshore wave energy power station TEL AVIV, Israel , June 22, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company"), a leading, publicly traded onshore wave energy technology company announced today that it signed a Memorandum of Understanding with Lian Tat Company ("LTC"), a leading maritime engineering company, to bring Eco Wave Power's wave energy technology to Taiwan. According to the terms of the agreement, Eco Wave Power and Lian Tat Company will enter into negotiations regarding the establishment of a Joint Venture company to develop wave energy projects in Taiwan.

Eco Wave Power and Lian Tat Company Sign MoU to Bring Wave Energy to Taiwan

SACRAMENTO, Calif. , June 20, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company") commends the California State Senate for unanimously passing California Senate Bill 605 - Wave and Tidal Energy ("SB 605").

California Senate Approves Wave and Tidal Renewable Energy Bill

STOCKHOLM , June 7, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) ("Eco Wave Power" or the "Company") (Nasdaq: WAVE), a leading, publicly traded onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity, today published its Swedish statutory annual report for the fiscal year ended December 31, 2022 ("Annual Report 2022"). Annual Report 2022 is attached to this press release and available at https://www.ecowavepower.com/investor-relations/financial-reports/.

Eco Wave Power Global AB (publ) Published Annual Report 2022

STOCKHOLM , May 31, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) ("Eco Wave Power" or the "Company") (Nasdaq: WAVE), a leading, publicly traded onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity, today provided a corporate update and reported its financial results as of and for the three months ended March 31, 2023. Management Commentary Operations ·  First Onshore Wave Energy Technology at the Port of Los Angeles in the United States On January 12, 2023, Eco Wave Power's cutting-edge wave energy technology was unveiled in the United States for the first time in the Company's history, which we believe is the first-ever onshore wave energy station to be showcased in the United States.

Eco Wave Power Presents Continued Operational Progress and Reports First Quarter 2023 Financial Results

STOCKHOLM , May 31, 2023 /PRNewswire/ --  Eco Wave Power Global AB (publ) (Nasdaq: WAVE) - The shareholders of Eco Wave Power Global AB (publ), reg. no. 559202-9499 (the "Company" or "EcoWave"), are hereby given notice to attend the annual general meeting at 10:00 a.m.

Notice to attend the Annual General Meeting in Eco Wave Power Global AB (publ)

VIENNA , May 15, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company") is pleased to update that the Company's Founder and CEO Inna Braverman will speak at the Austrian World Summit, an international conference that brings together policymakers, business leaders, and environmental experts to discuss the world's most pressing environmental issues, on May 16 and 17, 2023.  On the 16th, at 2:15 PM CET, Braverman will present as part of "Matchmaking - We have the Power to Connect Panel", and on the 17th, Braverman will join former California Governor Arnold Schwarzenegger onstage for a roundtable discussion, where she will offer perspectives on climate change, the energy crisis, and the untapped potential of wave energy.

Eco Wave Power will Present its Innovative Technology during the Austrian Annual World Summit Hosted by Former Governor of California- Arnold Schwarzenegger

The collaboration agreement between the two companies is for the Design of Eco Wave Power's Innovative wave energy technology for the Port of Heraklion, Greece TEL AVIV, Israel , May 11, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company"), is pleased to announce that it has entered into an agreement for the design of the Company's pioneering technology in the Port of Heraklion, in Crete, Greece, with Rogan Associates SA ("Rogan Associates"). Rogan Associates – a leading consulting engineering firm in port and waterfront development in Southeast Europe which was founded in 1977 – has vast experience in marine-related projects and in sea transportation, including port operation and management, coastal engineering, maritime and harbour works, regional and urban analysis and planning, as well as port systems development at regional, national and international level.

Eco Wave Power and Rogan Associates Partner to Bring Wave Energy Technology to Greece

WASHINGTON , May 8, 2023 /PRNewswire/ -- On Friday, May 5 th, 2023, Inna Braverman, Founder and CEO of Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), spoke on "Women at the Heart of Climate Solutions" panel, and met with former US Secretary of State Hillary Clinton at the 2nd annual Vital Voices Festival in DC late last week. During the event, Braverman updated Sec.

Eco Wave Power CEO Inna Braverman Spoke at the Annual Vital Voices Festival and Updated Former Secretary of State Hillary Clinton on the Progress of Wave Energy Bills in New Jersey and California

SACRAMENTO, Calif. , May 1, 2023 /PRNewswire/ -- Inna Braverman, Founder and CEO of Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company"), submitted written testimony in support of California Senate Bill 605 - Wave and Tidal Energy -proposed by California State Senator Steve Padilla.

Eco Wave Power Submits Testimony in Support of Wave Energy Legislation in California, Which Passes Unanimously in California's Senate Energy Committee and the Natural Resources and Water Committee

STOCKHOLM , April 27, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company"), today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the U.S. Securities and Exchange Commission (the "SEC"). The annual report, which contains Eco Wave Power's audited consolidated financial statements, can be accessed on the SEC website at http://www.sec.gov as well as via the Company's website at SEC Filings.

Eco Wave Power Files Annual Report on Form 20-F for the Year Ended December 31, 2022

LOS ANGELES , April 25, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company") hosted former California Governor Arnold Schwarzenegger for a tour of the Company's power station at AltaSea in the Port of Los Angeles this past Friday, April 21, 2023. The power station, unveiled earlier this year, is believed to be the nation's first-ever onshore wave energy installation, and is expected to be fully operational in the coming months.

Former California Governor Arnold Schwarzenegger Meets Eco Wave Power's CEO Inna Braverman and Tours Nation's First-Ever Onshore Wave Energy Location in Los Angeles

NEW YORK, April 18, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company") announced today the opening of a U.S. subsidiary, under the name Eco Wave Power U.S. The Company plans to also establish a corporate office in New York City, which will be Eco Wave Power's first office in the United States. The subsidiary will serve as a North American base for Eco Wave Power's executives and team.

Eco Wave Power to Open First North American Subsidiary in New York City; Expands Presence in the United States

TEL AVIV, Israel , April 6, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company") is pleased to announce that Inna Braverman, Founder and CEO of Eco Wave Power, won the prestigious award for women who achieved a scientific or high-tech related breakthrough, by the Israeli Manufacturers Association ("IMA") and Israel High-Tech Association ("IHA"). The award ceremony took place during the Women CEO Summit at the Israeli Stock Exchange, with 300 leading women from the Israeli hi-tech industry in attendance.

Inna Braverman, CEO of Eco Wave Power, Wins the Prestigious Award for Women Who Achieved a Breakthrough in the High Tech Industry, by The Israeli Manufacturers Association and Hi-Tech Association

TEL AVIV, Israel , April 3, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company") is pleased to announce it (through its EWP-EDF One subsidiary) has entered into an official Power Purchase Agreement with the Israeli National Electric Company ("IEC"), based on the official Feed-in Tariff ("FIT") which was set for the Company's newly-installed wave energy project ("EWP-EDF One Project") at the Port of Jaffa in Tel Aviv, Israel, by Israel's Electric Authority (IEA). With the Power Purchase Agreement in place, a private examiner has successfully approved  the technology's grid synchronization, in accordance with the accepted grid connection standards.

History in Israel: National Electric Company and Eco Wave Power Enter into Country's First-Ever Wave Energy Power Purchase Agreement

T he California legislative initiative is the second bill introduced in the U.S. focused on exploring and implementing wave energy technology, showing the growing awareness to the significant potential of wave energy in the United States LOS ANGELES , March 30, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company") applauds the introduction of California Senate Bill 605 – Wave and Tidal Energy – by California State Senator Steve Padilla of Chula Vista. The bill aims to promote and facilitate the development and growth of wave energy in the state, which will help California reach its ambitious clean energy goals.

Historic Wave Energy Legislation Initiative Takes a Significant Step Forward in California

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LOS ANGELES , Jan. 26, 2023 /PRNewswire/ -- During a press conference held at AltaSea at the Port of Los Angeles on the 12th of January, 2023, Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company") unveiled its disruptive wave energy technology for the first time in the United States. The demonstration of the technology is believed to be the first-ever onshore wave energy station showcased in the United States.

Joined by Philanthropist Melanie Lundquist and Impact Investor Kat Taylor, Inna Braverman CEO of Eco Wave Power Unveiled United States' First Onshore Wave Energy Technology at the Port of Los Angeles

This event happens at a time in which weather-related disasters throughout California are causing loss of lives and extensive damages, demonstrating the urgent need for alternative energy technologies to help answer climate crisis LOS ANGELES , Jan. 11, 2023 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company") will unveil its disruptive technology for the first time during an AltaSea Event on the 12th of January 2023. The press conference will also feature the grand opening and ribbon-cutting of an office and commercial loan hub of Beneficial State Bank ("BSB"), which is supportive of blue economy related technologies.

Eco Wave Power to unveil its first US based wave energy power station, showcasing its innovative technology during a high-profile news conference on January 12 at AltaSea at the Port of Los Angeles

A Historic Moment for the United States' Clean Energy Movement as Eco Wave Power's first wave energy-generating system reaches another milestone, moving one step closer to providing clean, renewable energy to the grid from California's constant ocean waves. LOS ANGELES , Dec. 14, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company") announced today that the energy conversion unit, formerly deployed in Gibraltar, has officially arrived at its new home, AltaSea at the Port of Los Angeles, United States, where it will be installed as a pilot station in the coming months.

Eco Wave Power's Wave Energy Conversion Unit Arrives at AltaSea at the Port of Los Angeles

STOCKHOLM , Dec. 12, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company") is pleased to announce that it has won the Timón de Innovación Award (the "Innovation Award"), granted by the Port Authority of the Balearic Islands (APB) in collaboration with Gaceta Náutica, a publication focused on ports in the Balearic Islands, for the Company's planned innovative wave energy project at Port Adriano in Spain. The annual award recognizes the best technological advancements and ideas at APB's ports in the past year, using originality, viability, and problem-solving capabilities as its main criteria.

Eco Wave Power wins the Prestigious Innovation Award by the Port Authority of the Balearic Islands for its Planned Wave Energy Installation at Port Adriano, Spain

Estimated $150 million project in Ordu, Turkey would be the world's largest onshore wave power station. STOCKHOLM , Dec. 8, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company") announced today that it has entered into an agreement with OREN Ordu Enerji ("Ordu Energji"), a fully owned subsidiary of Ordu Municipality, for the potential construction of an up to 77-megawatt (MW) wave energy installation in Ordu, Turkey – the largest agreement in the Company's history.

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