$GP

GreenPower Motor Company (GP) converted $1.99M in convertible debentures into 2,105 Series B convertible preferred shares. The company also issued 219,932 common shares for accrued interest and 140,640 common shares for dividends. The conversion aims to improve shareholders' equity and meet Nasdaq's requirements. Insiders, including Fraser Atkinson, received shares and preferred shares, increasing their ownership stake.

GreenPower Motor (GP) received a Nasdaq delisting warning for falling below the $1 per share minimum bid price for 30 consecutive days. The company has 180 days to regain compliance by maintaining a price above $1 for 10 consecutive days, with a possible 180-day extension if certain conditions are met.

GreenPower Motor Company (NASDAQ: GP) will consolidate its shares on October 19, 2026, with 1 new share for every 5 outstanding shares. The total shares will reduce from 10,503,546 to 2,100,710. The ticker symbol 'GP' remains unchanged. Shareholders will receive instructions from Computershare to exchange certificates.

GreenPower Motor Company (NASDAQ: GP) secured a strategic partner with over $2.5 billion for electric mobility projects, planning 50 all-electric shuttle buses. The buses will be assembled in Mexico, utilizing GreenPower's New Mexico facility for preparation. The partnership aims to expand GreenPower's market beyond the U.S. and Canada, with the EV Star Cab & Chassis being the core platform. The vehicle has a range of up to 150 miles and a carrying capacity of 7,000 pounds.

GreenPower Motor Company (NASDAQ:GP) signed a letter of intent with Invisible Urban Charging to develop integrated electric-fleet solutions. The agreement combines GreenPower's EV platforms with IUC's charging infrastructure and capital solutions. IUC has secured $2.5 billion for its electric mobility program. The partnership will evaluate fleet telematics, route optimization, and financing solutions.

GreenPower Motor Company (NASDAQ:GP) plans a 1-for-5 reverse stock split to comply with Nasdaq's $1 minimum share price rule. The move would reduce outstanding shares from 10.5 million to 2.1 million, pending Nasdaq approval. The company designs and manufactures electric vehicles. Shareholders with fractional shares will be rounded up, and outstanding options, warrants, and convertible debentures will be proportionally adjusted.

GreenPower Motor Company Inc. (GP) converted Series B preferred shares into common shares. The conversions involved entities controlled by CEO Fraser Atkinson, increasing his ownership to 28.6% of outstanding shares. The transactions were exempt from certain regulatory requirements and filed as insider trading reports.

GreenPower Motor Company (GP) delivered its first EV Star Passenger Vans to The Hive, a New Mexico day care center. The three zero-emission vehicles, with a 150-mile range, will be used for child transportation. This marks GreenPower's first commercial delivery in New Mexico, expanding its electric vehicle fleet applications.

GreenPower Motor Company Inc. (GP) begins year two of its New Mexico pilot project, deploying Type D BEAST all-electric school buses. The buses, certified by New Mexico, will serve multiple school districts, building on the success of the Type A Nano BEASTs in year one. The company addressed infrastructure and heating issues from the first year, integrating improvements into the current models.

GreenPower Motor, an electric bus manufacturer, faces litigation and workforce reductions in West Virginia. The company, traded on NASDAQ, relocated operations to California and plans a new facility in New Mexico. Former employees allege broken promises, unpaid bills, and sexual harassment, with some awarded default judgments. The NHTSA investigates compliance issues with the company's buses, including brake and battery problems.