Core Viewpoint - GreenPower Motor Company Inc. has announced its decision to voluntarily delist its common shares from the TSX Venture Exchange, effective November 14, 2025, to focus on strategic priorities and operational efficiencies [1][2]. Delisting Reasons - The delisting is influenced by consistently low trading volumes on the TSX Venture Exchange, with less than 2% of the trading volumes compared to NASDAQ for the nine months ended September 30, 2025 [6]. - The company aims to reduce regulatory and compliance costs, allowing for better allocation of resources towards growth initiatives [6]. - This decision aligns with the company's strategy to streamline operations and focus on markets that provide greater shareholder value [6]. Impact on Shareholders - Shareholders' ownership will not be affected by the delisting, as the company will maintain its NASDAQ listing, ensuring continued trading opportunities [2]. - The company will remain a reporting issuer under Canadian securities laws, ensuring transparency and compliance with regulatory requirements [2]. Commitment to Shareholders - GreenPower is dedicated to delivering long-term value to its shareholders, and the delisting reflects its commitment to optimizing operations and focusing on sustainable growth initiatives [4]. Next Steps - The company is collaborating with the Exchange to ensure a smooth transition, and shareholders are encouraged to consult their brokers or financial advisors regarding trading options and account adjustments [3]. Company Overview - GreenPower designs, builds, and distributes a range of all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, and cargo vans, with a focus on zero-emission solutions [5]. - The company was founded in Vancouver, Canada, and has primary operational facilities in southern California, having completed its U.S. IPO and NASDAQ listing in August 2020 [5].

Core Points - GreenPower Motor Company Inc. has received a determination letter from Nasdaq stating it has not regained compliance with listing rules and faces potential delisting [1][2] - The company was notified on February 27, 2025, that its common shares had closed below US$1 for 30 consecutive business days, leading to a compliance deadline of August 26, 2025 [2] - The company is not eligible for a second compliance period due to not meeting the US$5,000,000 minimum stockholders' equity requirement [2] - On August 15, 2025, the company was informed of non-compliance with the Equity Rule and must submit a compliance plan by September 29, 2025 [3] - The company intends to appeal the determination, which will temporarily stay the suspension of its shares pending a decision [4] - If delisted, the company expects its shares to trade on OTC Markets and TSX Venture Exchange [5] Company Overview - GreenPower designs, builds, and distributes all-electric medium and heavy-duty vehicles, including transit buses and cargo vans [6] - The company employs a clean-sheet design for its vehicles, focusing on zero emissions and ease of maintenance [6] - Founded in Vancouver, Canada, GreenPower has primary operational facilities in southern California [6]

Core Points - GreenPower Motor Company Inc. has announced the consolidation of its issued and outstanding common shares at a ratio of one new share for every ten currently outstanding shares, effective August 28, 2025 [1][2] - Following the consolidation, the total number of shares will decrease from 30,462,084 to approximately 3,046,229 shares, subject to rounding adjustments [2] - There will be no maximum number of authorized shares, and fractional shares will not be issued; instead, shareholders will be rounded up to the nearest whole number [2] Shareholder Instructions - Computershare Investor Services Inc. will send letters of transmittal to shareholders with instructions for exchanging pre-consolidation share certificates for post-consolidation certificates [4] - Shareholders are advised to send their share certificates along with the letter of transmittal to Computershare as per the provided instructions [4] Company Overview - GreenPower designs, builds, and distributes a range 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 battery-powered with zero emissions, integrating global suppliers for key components [5] - Founded in Vancouver, Canada, GreenPower has primary operational facilities in southern California and has been listed on the Toronto exchange since November 2015, completing its U.S. IPO and NASDAQ listing in August 2020 [5]

Core Points - GreenPower Motor Company Inc. plans to consolidate its common shares at a ratio of one new share for every ten currently outstanding shares [1][2] - The consolidation aims to comply with Nasdaq's minimum bid price requirement of $1 per share [2][6] - The number of outstanding shares will decrease from approximately 30,462,084 to about 3,046,208 post-consolidation [2] Company Compliance and Financial Status - The company received a notice from Nasdaq indicating non-compliance with the minimum stockholders' equity requirement of $2,500,000 [6][7] - GreenPower has until September 29, 2025, to submit a plan to regain compliance, with a potential extension until February 11, 2026, if accepted [7] - There is no immediate effect on the listing of the company's shares on the Nasdaq Capital Market [7] Shareholder Impact - No fractional shares will be issued; shareholders entitled to fractions will be rounded up to the nearest whole number [4] - The exercise price and number of shares for outstanding options, warrants, and convertible debentures will be proportionally adjusted following the consolidation [5] Company Overview - GreenPower designs and manufactures all-electric medium and heavy-duty vehicles, including transit buses and cargo vans [8] - The company was founded in Vancouver, Canada, and has operational facilities in southern California [8] - GreenPower has been listed on the Toronto exchange since November 2015 and completed its U.S. IPO and NASDAQ listing in August 2020 [8]

Core Points - GreenPower Motor Company Inc. has received a cease trade order from the British Columbia Securities Commission due to missing the June 30, 2025 filing deadline for its audited financial statements and related documents for the year ended March 31, 2025 [1][2] - As a result of the cease trade order, trading of the company's common shares on the TSX Venture Exchange has been halted, but trading on the Nasdaq stock exchange remains unaffected [2] - The company is actively working with its auditors to complete the necessary filings and plans to resume trading as soon as the cease trade order is revoked [2] Company Overview - GreenPower designs, builds, and distributes a range of all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, and cargo vans [3] - The company employs a clean-sheet design approach to manufacture vehicles that are purpose-built for battery power and zero emissions, integrating global suppliers for key components [3] - Founded in Vancouver, Canada, GreenPower has primary operational facilities in southern California and has been listed on the Toronto exchange since November 2015, completing its U.S. IPO and NASDAQ listing in August 2020 [3]