GreenPower Regains Compliance with Nasdaq's Equity Requirement

NodeGuardian · 2026-02-27T08:30:33+00:00

GreenPower Motor Company Inc. has regained Nasdaq compliance after an $18 million equity offering, $5 million in loans, and converting $10 million in related-party loans. It will stay under monitoring for a year while trading as "GP."

NodeGuardian

2026-02-27 08:30:33

Abstract generation in progress

GreenPower Motor Company Inc. (Nasdaq: GP) announced it has regained compliance with Nasdaq Listing Rule 5550(b)(1), the “Equity Rule,” as confirmed by Nasdaq. This compliance follows a series of financial transactions, including an $18 million equity offering, $5 million in term loans, and the conversion of $10 million in related-party loans. The company will remain under Nasdaq’s Panel monitor for one year, but its common stock will continue to trade under the ticker symbol “GP.”

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