Welcome to our dedicated page for GreenPower Mtr Co SEC filings (Ticker: GP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for GreenPower Motor Company Inc. (NASDAQ: GP), a manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles. As a foreign private issuer, GreenPower files an annual report on Form 20-F and submits current reports on Form 6-K under the Securities Exchange Act of 1934.
GreenPower’s Form 6-K submissions include press releases, financial statements, management’s discussion and analysis, officer certifications and transaction documents. Examples referenced by the company include 6-K filings that attach quarterly financial statements and MD&A, press releases on financing arrangements, facility plans, preferred share financings and voluntary delisting from the TSX Venture Exchange. Certain exhibits to these 6-K reports are incorporated by reference into GreenPower’s shelf registration statement on Form F-3 and its registration statement on Form S-8.
Through this filings page, users can review how GreenPower reports on topics such as recapitalization efforts, credit facilities, preferred share issuances and other capital markets transactions. Filings also document operational developments, including production strategies for its all-electric school bus lineup and other corporate announcements that the company has furnished to the SEC.
Stock Titan enhances these filings with AI-powered summaries that highlight key points from lengthy documents, helping readers interpret Form 20-F disclosures, Form 6-K exhibits and related materials. Real-time updates from EDGAR ensure that new GreenPower filings appear promptly, while structured access to exhibits allows closer examination of financial statements, MD&A and transaction agreements. Users can also monitor how specific press releases and corporate events are reflected in the company’s regulatory record over time.
GreenPower Motor Company Inc. has exchanged related-party term loans into 1,200 Series B Convertible Preferred Shares, with a total purchase price of US$1,140,000 and a stated value of US$1,200,000. The new preferred shares carry a 9% annual dividend and are convertible into common shares at US$1.975 per share, at 105% of their stated amount, which will increase shareholders’ equity by replacing debt with equity-like securities. An insider-related party participated, and the transaction is treated as a related-party transaction under MI 61-101 but relies on exemptions from formal valuation and minority approval. After issuance of these preferred shares, Fraser Atkinson and related entities continue to beneficially hold 27.1% of the 5,029,321 outstanding common shares on a non-diluted basis, and could hold 66.1% on a partially diluted basis if all options, warrants, debentures and preferred shares were converted.
GreenPower Motor Company Inc. held its Annual General and Special Meeting, where shareholders elected all six management director nominees and re-approved the Company’s 2022 Equity Incentive Plan. Shareholders also appointed Davidson & Company LLP as auditors for the next fiscal year.
After the meeting, the board confirmed the senior leadership team: Fraser Atkinson as Chairman and Chief Executive Officer, Brendan Riley as President, and Michael Sieffert as Chief Financial Officer and Corporate Secretary. These actions maintain continuity in governance, compensation structure and external audit oversight.
GreenPower Motor Company Inc. has changed its independent auditor. BDO Canada LLP resigned at the Company’s request, effective March 3, 2026, and Davidson & Company LLP has been appointed as the new auditor. The change was reviewed and approved by GreenPower’s Audit Committee and Board of Directors.
BDO’s audit reports for the Company’s two most recently completed financial years did not contain modified opinions, and the Company states there have been no “reportable events” as defined under National Instrument 51-102. Both BDO, as former auditor, and Davidson, as incoming auditor, issued letters confirming their agreement with the information about their respective firms in the Notice of Change of Auditor.
GreenPower Motor Company Inc. completed a second tranche of its preferred share financing, issuing 926 Series A Convertible Preferred Shares in a private placement for gross proceeds of US$879,700. This tranche is part of a facility that allows issuance of up to US$18 million of these preferred shares to an institutional investor.
Each Series A Convertible Preferred Share can be converted into common shares using a formula based on 105% of its stated value and 125% of the NASDAQ closing price of GreenPower’s common shares on the day before issuance. GreenPower paid Digital Offering LLC a cash commission equal to 5% of the aggregate gross proceeds from this sale. The company positions this financing within its broader strategy as a manufacturer of all‑electric, zero‑emission medium and heavy‑duty vehicles serving cargo and delivery, shuttle and transit, and school bus markets.
GreenPower Motor Company Inc. registers up to 13,760,034 common shares for resale by a selling shareholder pursuant to this prospectus, consisting of shares issuable upon conversion of Series A Convertible Preferred Shares.
The prospectus states the resale covers (i) up to 10,616,680 common shares related to Convertible Preferred Shares issued on November 14, 2025 and to be issued within two days of effectiveness, and (ii) up to 3,143,354 common shares issuable upon conversion of additional Convertible Preferred Shares following effectiveness. The company will not receive any proceeds from sales by the selling shareholder. There were 5,029,291 common shares outstanding as of February 25, 2026, and the prospectus shows 18,789,325 common shares would be outstanding after the offering (pro forma basis).
GreenPower Motor Company Inc. registers for resale up to 13,760,034 common shares by a selling shareholder, representing shares issuable upon conversion of Series A Convertible Preferred Shares under a November 14, 2025 SPA. The offering is a resale only; the company will receive no proceeds. Shares outstanding were 5,029,291 as of February 17, 2026. The resale includes conversion limits that cap any holder at 4.99% ownership. The selling shareholder may sell at market, fixed or negotiated prices and by multiple distribution methods described herein.
GreenPower Motor Company Inc. reported sharply improved results for the three months ended December 31, 2025, driven by a one-time settlement rather than stronger core demand. Revenue was $8.5 million and net income was $4.2 million, compared with a loss of $4.7 million a year earlier.
The company recognized $6.86 million of previously deferred deposits from Workhorse Group after a settlement that released GreenPower from further obligations. Excluding this item, revenue was about $1.6 million with gross profit of roughly $0.46 million and a much smaller operating base of only six vehicle deliveries in the quarter.
Management has cut operating costs significantly, but the balance sheet remains strained. As of December 31, 2025, cash was $0.68 million, working capital was $5.8 million, the accumulated deficit was $100.9 million, and shareholders’ equity was a deficit of $3.2 million. The filing states there is material uncertainty that casts substantial doubt on the company’s ability to continue as a going concern.
After quarter-end, GreenPower refinanced its Bank of Montreal line of credit with new facilities from CIBC and $5 million in term loans from related-party family offices. It also converted about $7 million of related-party loans into convertible debentures and $2.85 million into Series B preferred shares, while issuing additional common shares and millions of warrants as financing bonuses.
GreenPower Motor Company Inc. describes steps it has taken to address a Nasdaq notice that it fell below the required $2.5 million stockholders' equity threshold under the Equity Rule. The company had reported a stockholders' deficit of $8,334,190 as of September 30, 2025.
Since then, GreenPower entered a Securities Purchase Agreement for up to $18 million of Series A Convertible Preferred Shares, closing an initial tranche for gross proceeds of $1,120,050. It retained customer deposits that will be recognized as $6,857,807 of revenue for the quarter ended December 31, 2025, completed $5 million in term loans, and arranged $5 million in facilities with CIBC.
The company also exchanged related party term loans with directors for $3,000,000 of Series B Convertible Preferred Shares and $7,000,000 of Convertible Debentures, of which it expects about $1,050,000 to be recorded as stockholders' equity. Based on these actions, GreenPower believes its stockholders' equity now exceeds $2.5 million and is awaiting Nasdaq's formal determination on renewed compliance.
GreenPower Motor Company Inc. reports that it has converted US$7,000,000 of principal and accrued interest on related-party loans into secured convertible debentures and additional related-party loans into 3,000 Series B Convertible Preferred Shares with an aggregate stated value of US$3,000,000. The debentures mature in three years, bear interest at 12% per annum, and are convertible into common shares at US$0.99 per share. The Series B Convertible Preferred Shares carry a 9% annual dividend and are convertible into common shares at 105% of their stated amount, or US$1.975 per share. Early warning disclosures show that, on a partially-diluted basis assuming exercise and conversion of all listed instruments, Fraser Atkinson could hold 64.09% and David Richardson 66.06% of the company’s shares.