GreenPower issues 1,500 preferred shares in private placement for US$ 1.43 million

Reuters2026/08/18 13:27

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GreenPower Motor Company issued a fourth tranche of 1,500 Series A Convertible Preferred Shares in a private placement.
Gross proceeds totaled US$1.43 million under a Securities Purchase Agreement dated Nov. 14, 2025, amended June 30, 2026.
Preferred shares can convert into common shares using 105% of stated value divided by 125% of the prior day’s NASDAQ close.
Digital Offering LLC will receive a 5% cash placement fee on offering proceeds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GreenPower Motor Company Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-26-004477), on August 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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GreenPower issues 1,500 preferred shares in private placement for US$ 1.43 million

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