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GreenPower (NASDAQ: GP) faces Canadian cease trade order over delayed annual filings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • Cease trade order issued in Canada due to late annual filings, indicating a securities compliance lapse and creating a trading restriction in that jurisdiction until audited financial statements and related disclosures for the year ended March 31, 2026 are completed and filed.

Insights

Cease trade order reflects filing delay but leaves Nasdaq trading unaffected.

The cease trade order from the British Columbia Securities Commission stems from GreenPower missing Canada’s June 29, 2026 deadline for its Annual Filings for the year ended March 31, 2026. This is a compliance issue focused on Canadian securities requirements.

Trading in GreenPower shares on Nasdaq under ticker GP continues, and U.S. filings are due by July 31, 2026. The company indicates it is working with auditors to finalize the Annual Filings so the cease trade order can be revoked.

The situation highlights filing-process execution risk and reliance on timely audit completion. The ultimate significance will depend on how quickly the Annual Filings are completed and whether subsequent disclosures in those filings reveal any additional concerns.

Canadian filing deadline June 29, 2026 Deadline for Annual Filings under Canadian securities rules
Cease trade order date July 6, 2026 Date British Columbia Securities Commission issued CTO
Year-end for Annual Filings March 31, 2026 Fiscal year covered by delayed audited filings
U.S. filings due date July 31, 2026 Deadline for related U.S. filings
cease trade order regulatory
"the British Columbia Securities Commission has issued a cease trade order dated July 6, 2026"
A cease trade order is an official directive from a stock exchange or regulator that temporarily stops buying and selling a company’s shares, usually because key information is missing, unclear, or suspected to be misleading. It matters to investors because the freeze acts like a pause button on a stock—preventing trades while issues are investigated so people aren’t exposed to sudden, unpriced risks or volatility until accurate information is available.
Annual Filings regulatory
"for the year ended March 31, 2026 (collectively, the “Annual Filings”)"
management’s discussion and analysis financial
"its audited financial statements, management’s discussion and analysis, related certifications"
Management’s discussion and analysis (MD&A) is a narrative section of a company’s financial filing where executives explain the recent financial results, underlying causes of those results, trends they see, and material risks and uncertainties in everyday language. Investors rely on it like a company’s report card with the manager’s comments—helping interpret raw numbers, judge future prospects and cash needs, and spot warnings or opportunities that the financial statements alone may not reveal.
annual information form regulatory
"related certifications and annual information form for the year ended March 31, 2026"
A company's annual information form is a comprehensive regulatory filing that lays out its business description, key assets, risks, legal matters and other background details shareholders need to understand the company’s operations. Think of it as a detailed owner’s manual or dossier that supplements financial statements, helping investors do deeper homework on how the business works and what could affect its future performance.
foreign private issuer regulatory
"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
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FAQ

Why did GreenPower Motor Company Inc. (GP) receive a cease trade order in July 2026?
GreenPower received a cease trade order because it missed Canada’s June 29, 2026 deadline for its Annual Filings. These include audited financial statements, MD&A, certifications and an annual information form for the year ended March 31, 2026.

Does the Canadian cease trade order affect GreenPower (GP) trading on Nasdaq?
The cease trade order does not affect GreenPower’s trading on Nasdaq. The company states that trading of its shares under ticker GP on the Nasdaq exchange continues while the order applies to Canadian securities law requirements.

What filings did GreenPower (GP) delay for the year ended March 31, 2026?
GreenPower delayed its Canadian Annual Filings for the year ended March 31, 2026. These consist of audited financial statements, management’s discussion and analysis, related officer certifications and the annual information form required under Canadian securities rules.

When are GreenPower’s (GP) U.S. filings due for the March 31, 2026 year-end?
GreenPower’s U.S. filings tied to the March 31, 2026 year-end are due by July 31, 2026. The company notes that these U.S. disclosure deadlines are separate from the missed Canadian filing deadline that triggered the cease trade order.

How does GreenPower (GP) plan to have the cease trade order revoked?
GreenPower plans to work with its auditors to complete the required Annual Filings as quickly as possible. Once the audited financial statements, MD&A, certifications and annual information form are filed, the cease trade order is expected to be revoked.

What types of vehicles does GreenPower Motor Company Inc. (GP) produce?
GreenPower designs and builds all-electric medium and heavy-duty vehicles. Its lineup includes high-floor and low-floor transit buses, school buses, shuttles, a cargo van, and a cab and chassis platform built around purpose-designed zero-emission battery powertrains.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2026

Commission File Number 001-39476

GreenPower Motor Company Inc.

(Translation of registrant's name into English)

#240 - 209 Carrall Street, Vancouver, British Columbia  V6B 2J2

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.    Form 20-F  [X]  Form 40-F  [  ]

SUBMITTED HEREWITH

99.1 Press Release dated July 7, 2026

- 2 -

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

GreenPower Motor Company Inc.

             /s/ Michael Sieffert                                  

Michael Sieffert, Chief Financial Officer

Date:  July 7, 2026


Press Release

GreenPower Announces Delay with Annual Filings for Canadian
Securities Purposes with No Impact to Trading on Nasdaq

Vancouver, British Columbia - July 7, 2026 – GreenPower Motor Company Inc. (NASDAQ: GP) (“GreenPower”), announces that the British Columbia Securities Commission has issued a cease trade order dated July 6, 2026 (the “CTO”) in connection with the Company missing the  Canadian filing deadline of June 29, 2026 for its audited financial statements, management’s discussion and analysis, related certifications and annual information form for the year ended March 31, 2026 (collectively, the “Annual Filings”).  GreenPower has experienced unforeseen delays in finalizing the Annual Filings.

Trading of the Company's shares under the ticker GP on the Nasdaq stock exchange is not impacted by the CTO. U.S. filings are due by July 31, 2026.

The Company is diligently working with its auditors to complete the Annual Filings as quickly as possible. After completing the filings, the CTO will be revoked.

For further information contact

Fraser Atkinson, CEO

(604) 220-8048

Michael Sieffert, CFO

(604) 563-4144

About GreenPower Motor Company Inc.

GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van and a cab and chassis.  GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components. This OEM platform allows GreenPower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. For further information go to  www.greenpowermotor.com.

©2026 GreenPower Motor Company Inc. All rights reserved.

Source: View Original Filing on SEC EDGAR

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