GreenPower Completes Second Tranche of Series A Convertible Preferred Share Private Placement

Reuters03-03

GreenPower Completes Second Tranche of Series A Convertible Preferred Share Private Placement

GreenPower Motor Company Inc. said it completed a second tranche of its Series A Convertible Preferred Share financing, issuing 926 preferred shares in a private placement for gross proceeds of US$879,700 under a previously announced facility for up to US$18 million. The company said the preferred shares are convertible into common shares based on a formula tied to the stated value and the prior day’s NASDAQ closing price, and it will pay Digital Offering LLC a 5% cash placement fee on proceeds raised.

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 Newsfile (Ref. ID: 202603021942NEWSFILECNPR____20260302_286057_1) on March 03, 2026, and is solely responsible for the information contained therein.

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