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GP
GreenPower Motor Company Inc. Common Shares
GP
Mkt Cap
$3.4M
Volume
2.43M
Next Earnings
November 10th
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GP
GP
GP
GreenPower Motor Company Inc. Common Shares
GP
News
·
GreenPower Regains Compliance with Nasdaq's Equity Requirement
Mkt Cap
$676,428
Volume
2.43M
Next Earnings
November 10th
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GreenPower Regains Compliance with Nasdaq's Equity Requirement
GreenPower Motor Company (NASDAQ:GP) has regained compliance with Nasdaq Listing Rule 5550(b)(1) following a series of capital-raising transactions including an $18 million Series A Convertible Preferred Shares offering, $5 million in term loans, and a new banking relationship with CIBC. The company will remain subject to a Panel monitor for one year.
Benzinga · Feb 16, 2026
GreenPower Announces US$10 Million Financing and US$2.95 Million in Standby Letter of Credit Facilities
GreenPower Motor Company Inc. (NASDAQ:GP) announced it has received credit approval from CIBC for $5 million in financing facilities, including a $3 million revolving line of credit and $2 million term loan. The company also closed $5 million in term loans from two family offices and received approval for up to $2.95 million in standby letter of credit facilities. The financing will be used to repay existing debt and accelerate production of all-electric vehicles to fulfill customer orders.
Benzinga · Jan 9, 2026
GreenPower Announces Voluntary Delisting from the TSXV
GreenPower Motor Company is voluntarily delisting from the TSX Venture Exchange due to low trading volumes, high compliance costs, and a strategic focus on streamlining operations while maintaining its NASDAQ listing.
Benzinga · Nov 5, 2025
GreenPower Announces Receipt of Determination Letter from Nasdaq
GreenPower Motor Company received a Nasdaq determination letter indicating potential delisting due to non-compliance with listing rules, including stock price and equity requirements. The company plans to appeal the decision and request a hearing.
Benzinga · Aug 29, 2025
GreenPower Announces Effective Date of Share Consolidation
GreenPower Motor Company will consolidate its shares on a 10-to-1 basis, reducing outstanding shares from 30,462,084 to approximately 3,046,229, effective August 28, 2025.
Benzinga · Aug 25, 2025
GreenPower Closes Fourth Tranche of Term Loan Offering
GreenPower Motor Company has closed the fourth tranche of a secured term loan offering for $200,000, with loans from companies controlled by its CEO and a Director. The proceeds will be used for production costs, supplier payments, payroll, and working capital.
Benzinga · Jun 28, 2025
GreenPower Announces Fourth Tranche of Term Loan
GreenPower Motor Company announced a fourth tranche of secured term loan for $200,000, to be used for production costs, supplier payments, payroll, and working capital. The loan will be from companies associated with the CEO and a Director, with accompanying share purchase warrants and bonus shares.
Benzinga · Jun 26, 2025
GreenPower Closes Third Tranche of Term Loan Offering
GreenPower Motor Company announced the closing of the third tranche of its previously announced secured term loan offering for an aggregate principal amount of U.S. $300,000. The loans are secured with a general security agreement on the company's assets and will bear interest of 12% per annum.
Benzinga · Jun 8, 2025
GreenPower Closes Second Tranche of Term Loan Offering
GreenPower Motor Company announced the closing of the second tranche of its previously announced secured term loan offering for an aggregate principal amount of U.S. $500,000. The loans are secured with a general security agreement on the company's assets and will bear interest of 12% per annum.
Benzinga · May 28, 2025
GreenPower Announces Second Tranche of Term Loan
GreenPower Motor Company Inc. announced the second tranche of its previously announced secured term loan offering for an aggregate principal amount of U.S. $500,000. The company plans to use the proceeds towards production costs, supplier payments, payroll, and working capital.
Benzinga · May 28, 2025
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