GreenPower Converts $7 Million in Loans Into Convertible Debentures

Reuters01-30

GreenPower Converts $7 Million in Loans Into Convertible Debentures

GreenPower Motor Company Inc., a manufacturer of all-electric medium and heavy-duty vehicles, has announced the conversion of $7 million in outstanding loans and accrued interest with certain related parties into secured convertible debentures. Additionally, $3 million in loans were converted into Series B Convertible Preferred Shares. The company stated that these transactions strengthen its capital structure and support its growth in the zero-emission vehicle sector. GreenPower emphasized that the move reinforces its financial stability as it pursues new manufacturing opportunities, including recent developments in New Mexico.

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: 0001062993-26-000472), on January 29, 2026, and is solely responsible for the information contained therein.

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GreenPower emphasized that the move reinforces its financial stability as it pursues new manufacturing opportunities, including recent developments in New Mexico.\n      \n\n\nDisclaimer: 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. 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