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GreenPower Establishes ATM Equity Program
GPGreenPower Motor Co(GP) Prnewswire·2025-03-07 22:19

Core Points - GreenPower Motor Company has entered into a sales agreement with Roth Capital Partners to establish an at-the-market equity program allowing the issuance of up to US$850,000 of common shares [1] - The proceeds from the sales will be used for the production of all-electric vehicles, including BEAST school buses and EV Star commercial vehicles, as well as for product development and general corporate purposes [1] - The ATM Program is conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission [3] Company Overview - GreenPower designs, builds, and distributes a full suite of all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, and cargo vans [5] - The company employs a clean-sheet design approach to manufacture vehicles that are purpose-built to be battery-powered with zero emissions [5] - GreenPower was founded in Vancouver, Canada, and has primary operational facilities in southern California [5]