공시 • Feb 10
GreenPower Motor Company Inc., Annual General Meeting, Mar 27, 2026 GreenPower Motor Company Inc., Annual General Meeting, Mar 27, 2026. 공시 • Jan 31
GreenPower Motor Company Inc. announced that it has received $3.459 million in funding GreenPower Motor Company Inc. announced that it issued a Debenture at a price of $3,459,000 in the principal amount of $3,459,000 on January 30, 2026. The transaction includes participation from new lender Countryman Investments Ltd. The company will issue term loan with interest of 12% per annum, which Interest shall be payable in increments of three (3) months, payable in cash or Shares, at the option of the Acquiror, with the number of Shares to be determined at the closing price of the Shares on the day before the payment of Interest is due. The Debenture is secured behind the senior lenders. The principal amount of the Debenture is convertible, at the option of the Acquiror, into Shares at a conversion price of $0.99 per Share being equal to the closing price of the Shares on January 22, 2026, subject to adjustment in accordance with the terms of the Debenture. 공시 • Jan 08
GreenPower Motor Company Reaches an Agreement with the New Mexico Economic Development Department GreenPower Motor Company announced they have reached an agreement with the New Mexico Economic Development Department (EDD) to establish operations in Santa Teresa, NM. Internationally headquartered in Vancouver, Canada, with current operational facilities in southern California and West Virginia, GreenPower is a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space, and school bus sector. The company will receive a $5 million LEDA award from the state and $4.6 million in job training incentive funds (JTIP). The company also qualified for a $1.36 million Rural Jobs Tax Credit (RJTC) and $3.65 million as part of New Mexico's High-Wage Jobs Tax Credit program. Santa Teresa's Foreign Trade Zone designation was a key factor in the company's decision, offering streamlined customs and cost-effective trade that support efficient production and distribution of zero-emission vehicles across North America. The designation also provides access to the North American Development Bank, underscoring the project's cross-border economic and environmental impact. These incentives and programs enhance the company's ability to efficiently produce and distribute zero-emission vehicles, parts and inventory throughout North America and beyond, reinforcing New Mexico's role as a hub for green manufacturing and international commerce. 공시 • Nov 06
GreenPower Announces Voluntary Delisting from the TSXV GreenPower Motor Company Inc. ("GreenPower" or the "Company") announced its decision to voluntarily delist its common shares from the TSX Venture Exchange (the "Exchange"), effective the close of business on November 14, 2025. This decision has been made following a thorough review of the Company's strategic priorities and operational efficiencies.
Reasons for DelistingThe voluntary delisting is driven by the following considerations: Low Trading Volumes: The Company has observed consistently low trading volumes on the Exchange. For the nine months ended September 30, 2025, the trading of the Company's shares on the Exchange was less than 2% of the trading volumes on NASDAQ, which does not justify the costs and administrative requirements associated with a continued listing on the Exchange. Cost Efficiency: Delisting will allow the Company to reduce regulatory and compliance costs, enabling it to allocate resources more effectively toward growth initiatives. Streamlined Operations: This move aligns with the Company's broader strategy to simplify its operations and focus on markets that provide greater shareholder value. Impact on Shareholders: The Company assures shareholders that this decision will not affect their share ownership. The Company intends to maintain its NASDAQ exchange listing, offering shareholder's the ability to trade GreenPower shares. The Company will remain a reporting issuer under Canadian securities laws, ensuring continued transparency and compliance with regulatory requirements. New Risk • Sep 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$4.2m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-US$5.2m). Earnings have declined by 21% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$12.8m market cap). 공시 • Aug 30
GreenPower Announces Receipt of Determination Letter from Nasdaq GreenPower Motor Company Inc. announced that on August 27, 2025, the Company received a determination letter (the "Letter") from the staff of Nasdaq Listing Qualifications (the "Staff") stating that the Company has not regained compliance with Nasdaq Listing Rules 5550(a)(2) (the "Rule"). The Letter stated that, unless the Company requests an appeal of this determination no later than 4:00 p.m. (Eastern time) on September 3, 2025, the Staff has determined that the Company's common shares will be scheduled for delisting from The Nasdaq Capital Market and will be suspended at the opening of business on September 5, 2025, and a Form 25-NSE will be filed with the Securities and Exchange Commission which will remove the Company's common shares from listing and registration on The Nasdaq Stock Market. The Company is requesting a hearing to appeal this determination. The Letter also noted that on February 27, 2025, the Staff notified the Company that, for the previous 30 consecutive business days, the bid price of the Company's common shares had closed at less than USD 1 per share and, as a result, did not comply with the Rule and in accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was given 180 calendar days, or until August 26, 2025, to regain compliance with the Rule. The Letter stated that the Company is not eligible for a second 180 day period to comply with the Rule because the Company does not comply with the USD 5,000,000 minimum stockholders' equity initial listing requirements for The Nasdaq Capital Market. In addition, the Letter noted that, on August 15, 2025, Staff notified the Company that it did not comply with Nasdaq Listing Rule 5550(b) (the "Equity Rule"), and requested the Company submit a plan to regain compliance with the Equity Rule no later than September 29, 2025. The Letter further noted that pursuant to Nasdaq Listing Rule 5810(d)(2), this deficiency serves as a separate and additional criteria for delisting, and as such, the Staff will not entertain a plan of compliance and the Company should also address this concern before a Hearings Panel (the "Panel") if it appeals the Staff's determination. The Company intends to request a hearing before the Panel to appeal the Letter. A hearing request will stay the suspension of the Company's common shares and the filing of the Form 25-NSE pending the Panel's decision. The Company is diligently working to satisfy Nasdaq's requirements in a timely manner. If the Company's common shares cease to be listed for trading on The Nasdaq Capital Market, the Company would expect that its common shares would be traded in the United States on one of the three tiered marketplaces of the OTC Markets Group in addition to the TSX Venture Exchange in Canada. 