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.
GreenPower Motor Company Inc. filings document a foreign issuer that manufactures and distributes all-electric commercial vehicles while reporting through Form 6-K current reports. Its disclosures include interim financial statements, management discussion and analysis, management certifications, material change reports and press-release exhibits incorporated by reference into registration statements.
The filing record covers operating results, cash flow, equity and deficit changes, Series A and Series B convertible preferred shares, common shares, warrants, related-party loan exchanges, term loans and revolving credit facilities. Governance disclosures address annual meeting results, the equity incentive plan, auditor changes, board and officer changes, and Nasdaq equity-rule compliance matters.
GreenPower Motor Company Inc. reports that the British Columbia Securities Commission issued a cease trade order on July 6, 2026 because the company missed the June 29, 2026 Canadian deadline to file its audited financial statements and related annual disclosures for the year ended March 31, 2026. These documents, referred to as the Annual Filings, include the financial statements, management’s discussion and analysis, certifications and annual information form. Trading of GreenPower’s shares on Nasdaq under the ticker GP is not affected, and U.S. filings remain due by July 31, 2026. The company states it is working with its auditors to complete the Annual Filings, after which the cease trade order will be revoked.
GreenPower Motor Company Inc. reported completing several balance sheet transactions in the quarter ended June 30, 2026 that are expected to increase shareholder's equity by approximately $3.8 million. These actions largely convert existing obligations owed to related parties into preferred or common equity.
The company exchanged about $1.6 million of related party convertible debentures and $0.5 million of related party loans into 2,192 Series B Convertible Preferred Shares with a stated value of $1,000 per share and a 9% annual dividend, convertible into common shares at US$1.975 per share. GreenPower also converted 1,351 Series A Convertible Preferred Shares, recorded as a $1.6 million liability as of March 31, 2026, into approximately 1.5 million common shares, moving this amount into shareholder's equity.
In addition, the company issued 257,638 common shares at $1.44 per share to settle about $0.4 million of accrued interest owed to related parties on convertible debentures, and a related party exercised 256,410 warrants at $0.78 per share for gross proceeds of $0.2 million, receiving 256,410 common shares. All of these are classified as related party transactions under MI 61-101 but are exempt from formal valuation and minority approval requirements under specified sections.
GreenPower Motor Company Inc. completed the third tranche of its Series A Convertible Preferred Share financing. On June 30, 2026, the company issued 1,500 Series A Convertible Preferred Shares in a private placement for gross proceeds of US$1,425,000 to an institutional investor under a November 14, 2025 Securities Purchase Agreement. The parties also amended the agreement to increase the aggregate stated value of Series A Convertible Preferred Shares issuable by US$2 million, expanding the capacity of the financing facility. Each preferred share is convertible into common shares based on a formula tied to 105% of stated value and 125% of the NASDAQ closing price before issuance, which could lead to future equity dilution. GreenPower will pay Digital Offering LLC a cash placement fee equal to 5% of the cash proceeds raised in this offering.
GreenPower Motor Company Inc. reported a board change, announcing that director Sebastian Giordano resigned from the Board of Directors effective May 1, 2026. He will remain involved with the company in a new advisory role, supporting a smooth transition and offering strategic guidance on key initiatives.
GreenPower Motor Company Inc. exchanged related-party term loans into equity by issuing 1,200 Series B Convertible Preferred Shares with a stated value of US$1,000 each, for a total stated value of US$1,200,000 and purchase price of US$1,140,000.
The 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 can increase shareholder equity and shift debt owed to entities controlled by CEO Fraser Atkinson into convertible equity.
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.