Financing ·
Between April 1 and June 30, 2026, GreenPower Motor Company completed several equity transactions that increased…
GPGREENPOWER MOTOR Co Inc.
Between April 1 and June 30, 2026, GreenPower Motor Company completed several equity transactions that increased pro-forma shareholders' equity to $5,333,556. Key activities included the conversion of $1,643,214 in Series A preferred share liabilities into 1,494,423 common shares, the issuance of 256,410 common shares via warrant exercises for $200,000, and the conversion of $2,082,400 in related-party loans and debentures into Series B convertible preferred shares. On June 30, 2026, the company issued a third tranche of Series A convertible preferred shares for $1,425,000 and amended its existing purchase agreement to increase the total issuable facility to $20 million. The company maintains approximately $16.5 million in available funding through this facility. GreenPower Motor Company is an electric vehicle manufacturer.