GreenPower Motor gets 180 days to regain Nasdaq compliance

GP may be eligible for an additional 180 calendar days if it meets all other initial Nasdaq Capital Market standards and gives written notice of its intent to cure.

Rhea-AI Filing Summary

GreenPower Motor Company Inc. said Nasdaq notified it on October 15, 2026, that its common shares had closed below the $1-per-share minimum for 30 consecutive business days, putting the company out of compliance with Nasdaq Listing Rules. To regain compliance, the shares must close above $1 per share for at least 10 consecutive business days within 180 calendar days from the notice date.

If GreenPower does not regain compliance within that period, it may be eligible for an additional 180 calendar days if it meets all initial Nasdaq Capital Market listing standards other than the bid-price requirement and gives written notice of its intention to cure that requirement.

0 points · 0 major

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1 major · 1 point

How the balance works

Positive

• None.

Negative

• Major point30 consecutive business days below Nasdaq’s $1 minimum bid price.

Key Figures

Minimum closing bid price: $1 per Share Period below minimum bid price: 30 consecutive business days Required closing-price period: Minimum 10 consecutive business days +2 more

5 metrics

Minimum closing bid price $1 per Share Nasdaq minimum bid-price requirement

Period below minimum bid price 30 consecutive business days Basis for Nasdaq's notice of noncompliance

Required closing-price period Minimum 10 consecutive business days Shares must close above $1 per Share to regain compliance

Initial cure period 180 calendar days Period from the date of notice to regain compliance

Potential additional cure period Additional 180 calendar days May be available subject to other listing standards and written notice

Key Terms

Nasdaq Listing Rules, initial Listing Standards, bid price requirement

3 terms

Nasdaq Listing Rules regulatory

"out of compliance with Nasdaq Listing Rules"

Nasdaq listing rules are the rulebook a company must follow to have its shares traded on the Nasdaq stock exchange, covering entry requirements and ongoing standards for finances, corporate governance, public disclosure and reporting. For investors they matter because the rules create baseline checks — like a driver’s license and regular inspections for a car — that promote transparency, comparability and reduce the risk of fraud or sudden delisting.

initial Listing Standards regulatory

"meets all of the initial Listing Standards"

bid price requirement regulatory

"intention to cure the bid price requirement criteria"

A bid price requirement is a rule that specifies the minimum price a buyer must offer per share when making an official purchase proposal, tender offer, auction bid, or similar transaction. It matters to investors because it sets a floor for negotiations and valuation—like a reserve price in an auction—ensuring bids meet regulatory, contract or market standards and helping shareholders and markets judge whether an offer is fair or likely to succeed.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why did GP receive a Nasdaq compliance notice?

Nasdaq notified GreenPower on October 15, 2026, that its common shares closed below the $1-per-share minimum for 30 consecutive business days, putting the company out of compliance with Nasdaq Listing Rules.

How much time does GP have to regain Nasdaq compliance?

GreenPower has 180 calendar days from the notice date to meet the bid-price requirement by having its shares close above $1 per share for a minimum of 10 consecutive business days.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/16/2026 - 04:38 PM EDT Accepted by SEC EDGAR 10/16/2026 - 04:37 PM EDT Learn about SEC filing dates

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 Oct 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 Oct 16, 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:  Oct 16, 2026

Press Release

GreenPower Announces Receipt of Letter from NASDAQ

Vancouver, Canada, October 16, 2026 - GreenPower Motor Company Inc. (Nasdaq: GP) ("GreenPower" or the "Company"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, announces that on October 15, 2026 the Company received a notice from the Nasdaq stock exchange ("Nasdaq") that the closing price of the common shares of the Company (the "Shares") on Nasdaq has been below the minimum $1 per Share for the last 30 consecutive business days, and that the Company is therefore out of compliance with Nasdaq Listing Rules. If the Shares close above $1 per Share for a minimum of 10 consecutive business days within 180 calendar days from the date of notice then the Company will regain compliance. If the Shares do not regain compliance with the Nasdaq Listing Rules within 180 calendar days then the Company may be eligible for an additional 180 calendar days to regain compliance if it meets all of the initial Listing Standards for the Nasdaq Capital Market other than the bid price requirement and provides written notice of its intention to cure the bid price requirement criteria.

For further information contact:

Fraser Atkinson, CEO

(604)220-8048

Brendan Riley, President

(510) 910-3377

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 amounts are denominated in US dollars. All rights reserved.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 4.1 KB