STOCK TITAN

GreenPower Motor 1-for-5 reverse split approved

Upon implementation, exercise prices and share counts for outstanding options, warrants and convertible debentures will be proportionally adjusted.

(High)

Sentiment and the balance of points

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Form Type
6-K

Rhea-AI Filing Summary

GreenPower Motor Company Inc. (GP) says the Nasdaq Stock Exchange approved a consolidation of one new common share for every five currently outstanding shares, effective at the opening of the market on October 19, 2026. The company's symbol will remain GP.

GreenPower reports 10,503,546 common shares issued and outstanding currently and expects 2,100,710 issued and outstanding upon effectiveness, subject to adjustments for rounding. No fractional post-consolidation shares will be issued: holders otherwise entitled to a fraction will be rounded up to the nearest whole share, with no cash consideration. Exercise prices and share counts for outstanding options, warrants and convertible debentures will be proportionally adjusted upon implementation.

Insights

Analyzing...

Share consolidation ratio One new common share for every five currently outstanding common shares Consolidation effective October 19, 2026
Common shares issued and outstanding before consolidation 10,503,546 shares Reported as currently issued and outstanding
Common shares issued and outstanding after consolidation 2,100,710 shares, subject to adjustments for rounding Upon the consolidation becoming effective
Consolidation financial
"the basis of one new Share for every five currently outstanding Shares"
Consolidation is a period when a stock’s price moves within a relatively narrow range, reflecting a balance between buyers and sellers after a prior rise or fall. It matters to investors because it often signals a pause before the next meaningful move — like a coiled spring — and helps with timing trades, setting risk limits and deciding whether momentum will resume upward or reverse downward.
fractional Post-consolidated Shares technical
"No fractional Post-consolidated Shares will be issued"
letters of transmittal technical
"Computershare will mail letters of transmittal to the shareholders"
A letter of transmittal is a written form shareholders use to send their stock certificates or electronic holdings to the party buying the shares in a tender offer, merger, or buyout and to claim the promised payment or new securities. Think of it like a return form and receipt combined: it gives clear instructions, confirms ownership, and ensures an investor gets the correct payment or replacement shares, so missing or incorrect paperwork can delay or jeopardize receiving value.
convertible debentures financial
"conversion of outstanding convertible debentures"
Convertible debentures are loans a company issues that pay interest like a bond but can be swapped later for the company’s shares at a set price. For investors they act like a safety-net plus a shortcut: you get regular interest payments while retaining the option to join ownership if the share price rises, which offers upside potential but can dilute existing shareholders if conversion occurs.
Split Ratio 1-for-5 reverse split
Effective Date October 19, 2026
Shares Before Split 10,503,546
Shares After Split 2,100,710
Share Count As Of October 15, 2026

FAQ

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

When does GP's share consolidation take effect?

GP's share consolidation becomes effective at the opening of the market on October 19, 2026. The Nasdaq Stock Exchange approved one new common share for every five currently outstanding common shares, and the company's symbol will remain GP.

How many GP shares will be outstanding after the consolidation?

GreenPower reports 10,503,546 common shares issued and outstanding currently. Upon the consolidation taking effect, it expects 2,100,710 shares issued and outstanding, subject to adjustments for rounding.

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

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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 15, 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:  October 15, 2026



 Press Release

GreenPower Announces Effective Date of Share Consolidation

Vancouver, British Columbia, October 15, 2026 - GreenPower Motor Company Inc. (Nasdaq: GP) ("GreenPower") announces that, further to its News Release of October 5, 2026, the Nasdaq Stock Exchange has approved the consolidation of its issued and outstanding common shares (the "Shares") on the basis of one new Share (a "Post-consolidated Share") for every five currently outstanding Shares (the "Consolidation").  The Consolidation will become effective at the opening of the market on October 19, 2026.  The Company's symbol shall remain as "GP" on the Nasdaq Stock Exchange. 

Currently, a total of 10,503,546 Shares are issued and outstanding. Accordingly, upon the Consolidation becoming effective, a total of 2,100,710 Shares, subject to adjustments for rounding, will be issued and outstanding. There is no maximum number of authorized Shares. No fractional Post-consolidated Shares will be issued as a result of the Consolidation. Shareholders who would otherwise be entitled to receive a fraction of a Post-consolidated Share will be rounded up to the nearest whole number of Post-consolidated Shares and no cash consideration will be paid in respect of fractional shares.

The exercise price and number of Shares of the Company, issuable upon the exercise of outstanding options, warrants and conversion of outstanding convertible debentures, will be proportionally adjusted upon the implementation of the proposed Consolidation in accordance with the terms thereof.

Computershare Investor Services Inc. ("Computershare") will mail letters of transmittal to the shareholders providing instructions on exchanging pre-Consolidation share certificates for post-Consolidation share certificates. Shareholders are encouraged to send their share certificates, together with their letter of transmittal, to Computershare in accordance with the instructions in the letter of transmittal.

For further information contact:

Fraser Atkinson, CEO

(604) 220-8048

Michael Sieffert, CFO

(604) 563-4144

Brendan Riley, President

(510) 910-3377


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.


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