Welcome to our dedicated page for GreenPower Mtr Co news (Ticker: GP), a resource for investors and traders seeking the latest updates and insights on GreenPower Mtr Co stock.
GreenPower Motor Co Inc (GP) delivers all-electric commercial vehicles designed for transit agencies, schools, and fleet operators. This news hub provides official updates on financial performance, product innovations, and strategic developments directly from the company and trusted sources.
Track GP's progress in electrifying transportation through earnings announcements, regulatory filings, and partnership disclosures. Investors will find timely reports on production milestones, technology advancements in battery management systems, and expansions within North America's zero-emission vehicle market.
Key updates include quarterly financial results, new vehicle certifications, supply chain developments, and emissions credit transactions. Content is curated to help stakeholders assess GP's position in the evolving electric school bus and commercial EV sectors without speculative commentary.
Bookmark this page for streamlined access to GreenPower's latest press releases and market-moving announcements. Check back regularly for authoritative updates on the company's role in advancing sustainable heavy-duty transportation solutions.
GreenPower Motor Company (NASDAQ: GP) has announced a delay in filing its annual financial statements and related documents for the year ended March 31, 2025. The British Columbia Securities Commission has issued a cease trade order (CTO) on July 10, 2025, resulting in the halting of the company's shares on the TSX Venture Exchange.
While trading on the Nasdaq stock exchange remains unaffected, the company is working with its auditors to complete the required Annual Filings, which include audited financial statements, management's discussion and analysis, certifications, and annual information form. Trading on TSX Venture Exchange will resume once the CTO is revoked following the completion of these filings.
GreenPower Motor Company (NASDAQ: GP) has closed the fifth tranche of its secured term loan offering, raising US$250,000 from companies controlled by its CEO and a Director. The loans, bearing a 12% annual interest rate with a two-year term, are secured by the company's assets and subordinated to senior debt.
As part of the transaction, the company issued 304,878 share purchase warrants at an exercise price of US$0.41 per share and 60,975 bonus shares to the lenders. Additionally, GreenPower reported selling 216,007 common shares at an average price of US$0.45 through its at-the-market equity offering program, generating net proceeds of US$95,025.
GreenPower Motor Company (NASDAQ: GP) has closed the fourth tranche of its secured term loan offering for $200,000. The loan agreements were made with companies controlled by the CEO and a Director. The loans will bear 12% annual interest with a two-year term and are secured with a general security agreement on company assets.
As part of the deal, the company issued 263,157 share purchase warrants at an exercise price of $0.38 per share and 52,631 bonus shares to the lenders. The proceeds will be used for production costs, supplier payments, payroll, and working capital.
GreenPower Motor Company (NASDAQ: GP), a manufacturer of zero-emission electric vehicles, has announced the fourth tranche of its secured term loan offering for US$200,000 from companies associated with the CEO and a Director. The funds will be used for production costs, supplier payments, payroll, and working capital.
As part of the loan agreement, the company will issue non-transferable share purchase warrants and bonus shares to one of the lenders. The warrants will allow the purchase of common shares at market price for a 24-month period, while bonus shares will be calculated at 20% of the principal amount divided by market price.
GreenPower Motor Company (NASDAQ: GP) held its Annual General and Special Meeting where shareholders elected all six management-nominated directors: Mark Achtemichuk, Fraser Atkinson, Malcolm Clay, Sebastian Giordano, David Richardson, and Brendan Riley. The shareholders also approved the company's 2022 Equity Incentive Plan and reappointed BDO Canada LLP as auditors.
Following the meeting, the board appointed key officers: Fraser Atkinson as Chairman and CEO, Brendan Riley as President, and Michael Sieffert as CFO and Corporate Secretary. GreenPower specializes in manufacturing all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, and cargo vans, with zero emissions.
GreenPower Motor Company (Nasdaq: GP) has closed the first tranche of its secured term loan offering, raising US$500,000 from companies controlled by its CEO and a Director. The loan, which carries a 12% annual interest rate and a two-year term, is secured by the company's assets and subordinated to senior debt. As part of the deal, the company issued 1,086,956 share purchase warrants to each lender, exercisable at US$0.46 per share over 24 months. The proceeds will be used for production costs, supplier payments, payroll, and working capital.
GreenPower Motor Company (Nasdaq: GP) has announced a term loan offering of up to $2 million to support its operations. The loan will bear a 12% annual interest rate with a two-year term and will be secured by company assets. The first tranche of $500,000 is expected to come from companies associated with the CEO and a Director. The loan proceeds will be used for production costs, supplier payments, payroll, and working capital.
As an incentive, the company will issue non-transferable share purchase warrants to lenders, with the number determined by dividing the loan amount by the market price. Future tranches may include bonus warrants or shares up to 20% of the loan amount. The transaction is subject to regulatory approvals and includes a four-month statutory hold period for issued securities.
FAQ
What is the current stock price of GreenPower Mtr Co (GP)?
What is the market cap of GreenPower Mtr Co (GP)?
