$GP

GREENPOWER MOTOR Co INC.

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GreenPower Motor Company Inc.: GreenPower Announces Completion of Fourth Tranche of Preferred Share Financing

GreenPower Motor Company (NASDAQ: GP) said it completed the fourth tranche of a preferred share financing, issuing 1,500 Series A Convertible Preferred Shares in a private placement for gross proceeds of US$1.425 million. Shares convert into common stock at a rate tied to stated value plus 125% of the prior day’s NASDAQ closing price. A 5% placement fee applies.

GP logs lowest H1 profit in at least 4yrs

Grameenphone Ltd reported lower H1 revenue and profit than a year earlier while declaring a 105% interim cash dividend. Q2 2026 revenue fell 3% YoY to Tk 3,982 crore and net profit fell about 14% to Tk 758 crore. H1 revenue slipped 2.49% to Tk 7,739 crore and profit fell 6% to Tk 1,420 crore, despite subscriber growth to 8.63 crore.

GP net profit strengthens in Q2 despite revenue decline

Grameenphone (GP) reported Q2 2026 net profit after tax of Taka 759 crore despite a 3% YoY revenue decline. Revenues were Taka 3,982 crore, EPS Taka 5.6, NPAT margin 19.1% and EBITDA margin 58.0%. The company said capex (excl. license/lease) was Taka 545 crore, with 8.63 crore subscribers and 5.27 crore active internet users. The board declared an interim dividend of Taka 10.50 per share.

GP sentiment & insider activity

Over the past 7 days, alphai's AI scored 1 news story mentioning GP (GREENPOWER MOTOR Co INC.). Coverage has been balanced: 0 bullish, 1 neutral, and 0 bearish.

Recent GP coverage spans financial news, earnings and regulation.

What's driving GP

  • The financing adds near-term cash but is dilutive/convertible, with conversion tied to a premium to the prior day’s GP close.

    finanznachrichten.de · Aug 18, 2026

  • Lower H1 earnings but a large interim dividend suggests management prioritizes shareholder returns despite weaker top-line and profit.

    thedailystar.net · Jul 15, 2026

  • Profitability held up despite a YoY revenue decline, with a dividend declared and cash-flow/debt-free claims supporting near-term sentiment.

    bssnews.net · Jul 15, 2026

  • Revocation reduces regulatory overhang from the prior cease trade order, but the company still must complete U.S. filings by July 31.

    finanznachrichten.de · Jul 10, 2026

  • The CTO raises compliance/filing risk and potential liquidity/eligibility concerns, but the company explicitly says Nasdaq trading continues and the CTO will be revoked after filings.

    finanznachrichten.de · Jul 7, 2026

alphai scores every news story that mentions GP with an AI model for sentiment and relevance, and aggregates insider trades from GREENPOWER MOTOR Co INC.'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $GP

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GreenPower Motor Company Inc.: GreenPower Announces Completion of Fourth Tranche of Preferred Share Financing

GreenPower Motor Company (NASDAQ: GP) said it completed the fourth tranche of a preferred share financing, issuing 1,500 Series A Convertible Preferred Shares in a private placement for gross proceeds of US$1.425 million. Shares convert into common stock at a rate tied to stated value plus 125% of the prior day’s NASDAQ closing price. A 5% placement fee applies.

GP logs lowest H1 profit in at least 4yrs

Grameenphone Ltd reported lower H1 revenue and profit than a year earlier while declaring a 105% interim cash dividend. Q2 2026 revenue fell 3% YoY to Tk 3,982 crore and net profit fell about 14% to Tk 758 crore. H1 revenue slipped 2.49% to Tk 7,739 crore and profit fell 6% to Tk 1,420 crore, despite subscriber growth to 8.63 crore.

$GPMed

GP net profit strengthens in Q2 despite revenue decline

Grameenphone (GP) reported Q2 2026 net profit after tax of Taka 759 crore despite a 3% YoY revenue decline. Revenues were Taka 3,982 crore, EPS Taka 5.6, NPAT margin 19.1% and EBITDA margin 58.0%. The company said capex (excl. license/lease) was Taka 545 crore, with 8.63 crore subscribers and 5.27 crore active internet users. The board declared an interim dividend of Taka 10.50 per share.

GreenPower Motor Company Inc.: GreenPower Announces Delay with Annual Filings for Canadian Securities Purposes with No Impact to Trading on Nasdaq

GreenPower Motor Company Inc. (NASDAQ: GP) said the British Columbia Securities Commission issued a cease trade order on July 6, 2026 after the company missed Canada’s June 29, 2026 deadline for audited annual filings for the year ended March 31, 2026. The company cited delays finalizing documents; Nasdaq trading is not affected. U.S. filings are due July 31, 2026.

GreenPower Motor Company Inc.: GreenPower Announces Completion of Transactions During Quarter that Increase Shareholder's Equity by Approximately $3.8 Million

GreenPower Motor Company Inc. (NASDAQ: GP) said it completed related-party transactions in the quarter ended June 30, 2026 that are expected to increase shareholder equity by about $3.8M. It exchanged ~$2.1M of loans/convertible debentures into 2,192 Series B preferred shares, converted Series A preferred into ~1.5M common shares, issued common shares for accrued interest (~$0.4M), and related-party warrant exercises for ~$0.2M.

GreenPower Motor Company Inc.: GreenPower Announces Completion of Third Tranche of Preferred Share Financing

GreenPower Motor Company (NASDAQ: GP) said it completed the third tranche of a preferred-share financing on June 30, 2026, issuing 1,500 Series A Convertible Preferred Shares for gross proceeds of $1.425M. The company and investor amended the agreement to increase the stated value issuable by $2M. Conversion terms reference stated value plus amounts and 125% of prior-day NASDAQ close.

$GPLow

GreenPower Announces Resignation of Sebastian Giordano; Transition to Advisory Role

GreenPower Motor Company Inc. announced that Sebastian Giordano has resigned from its Board of Directors, effective May 1, 2026. Mr. Giordano will transition to an advisory role, providing strategic guidance to the company. CEO Fraser Atkinson thanked Giordano for his contributions and expressed satisfaction that his expertise will continue to benefit GreenPower's growth.

$GPMed

GreenPower Motor regains compliance with Nasdaq listing requirements

GreenPower Motor Company Inc. has regained compliance with Nasdaq's listing requirements after undertaking several financial transactions, including equity offerings and securing term loans. Despite this, the company will remain under a Panel monitor for one year and has a "WEAK" financial health rating according to InvestingPro. GreenPower designs and manufactures all-electric medium and heavy-duty vehicles and is scheduled to report earnings soon.

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