Research analysts who have asked questions during GREENPOWER MOTOR Co earnings calls.
Recent press releases and 8-K filings for GP.
GreenPower Motor Company Announces Issuance of Convertible Debentures and Series B Convertible Preferred Shares
GP
Debt Issuance
Convertible Preferred Issuance
- GreenPower Motor Company Inc. announced the conversion of US$7,000,000 of outstanding loans into convertible debentures with a 12% annual interest rate and a conversion price of US$0.99 per share.
- The company also converted loans into 3,000 Series B convertible preferred shares with a stated value of US$3,000,000, bearing a 9% annual dividend rate and convertible at US$1.975 per share.
- CEO Fraser Atkinson stated these transactions strengthen the company's capital structure and support new manufacturing opportunities.
- Following these conversions, CEO Fraser Atkinson's potential ownership, on a partially-diluted basis, would be 64.09%, and David Richardson's would be 66.06%.
Jan 29, 2026, 5:10 PM
GreenPower Motor Company Inc. Closes CIBC Financing Facilities
GP
Debt Issuance
Executive Compensation
- GreenPower Motor Company Inc. (GP) announced the closing of US$5 million in financing facilities from CIBC on January 14, 2026.
- The financing package includes a US$3 million revolving line of credit and a US$2 million term loan with a three-year term.
- Two directors of the Company provided joint and several personal guarantees of up to US$5 million to support the CIBC financing facilities.
- As an incentive for providing personal guarantees, one director received 2,016,129 non-transferable share purchase warrants exercisable at US$1.24 per Share, and another director received 403,225 Shares.
- A portion of the net proceeds was used to repay and close the Company's existing operating line of credit, with the remainder allocated for general corporate purposes.
Jan 14, 2026, 2:05 PM
GreenPower Announces Closing of CIBC Financing Facilities
GP
Debt Issuance
Executive Compensation
- GreenPower Motor Company Inc. closed US$5 million in financing facilities from CIBC, which includes a US$3 million revolving line of credit and a US$2 million three-year term loan.
- Two company directors provided personal guarantees for up to US$5 million, receiving 2,016,129 non-transferable share purchase warrants (exercise price US$1.24 per share) and 403,225 Shares as compensation.
- A portion of the financing proceeds was used to repay and close the Company's existing operating line of credit, with the remainder allocated for general corporate purposes.
Jan 14, 2026, 2:00 PM
GreenPower Motor Company Inc. to open New Mexico manufacturing facility with $14.6 million in state incentives
GP
New Projects/Investments
Hiring
- GreenPower Motor Company Inc. announced plans to open a new manufacturing facility in Santa Teresa, New Mexico, citing the state's electric vehicle ecosystem, Foreign Trade Zone designation, and financial incentives.
- The state of New Mexico has committed a total of $14.6 million in financial incentives for the facility, comprising a $5 million LEDA award, $4.6 million in job training incentive funds, $1.36 million in Rural Jobs Tax Credit, and $3.65 million in High-Wage Jobs Tax Credit.
- This new facility is projected to create 340 permanent jobs in Santa Teresa over the next decade.
- GreenPower anticipates setting up operations at the facility in Q1 2026 and taking possession of the manufacturing plant on June 1, 2026.
Jan 9, 2026, 2:01 PM
GreenPower Secures New Mexico Incentives for Manufacturing Facility
GP
New Projects/Investments
Hiring
- GreenPower Motor Company will establish a new manufacturing facility in Santa Teresa, New Mexico, citing the state's electric vehicle ecosystem, Foreign Trade Zone designation, and financial incentives as key factors.
- The state of New Mexico has committed a total of $14.6 million in financial incentives for the facility, including a $5 million LEDA award, $4.6 million in job training incentive funds, $1.36 million in Rural Jobs Tax Credit, and $3.65 million from the High-Wage Jobs Tax Credit program.
- This new facility is projected to create 340 permanent jobs in Santa Teresa over the next decade.
- GreenPower anticipates setting up operations in Q1 2026 and taking possession of the manufacturing plant on June 1, 2026.
Jan 9, 2026, 2:00 PM
GreenPower Motor Company Inc. Secures US$10 Million in Financing
GP
Debt Issuance
New Projects/Investments
- GreenPower Motor Company Inc. announced US$10 million in financing, comprising $5 million in credit facilities approved by CIBC and $5 million in term loans closed with two family offices.
- The CIBC credit facilities include a $3 million revolving line of credit and a $2 million term loan, alongside credit approval for a $450,000 letter of credit and a facility of up to $2.5 million.
- A portion of the net proceeds will be used to repay the existing operating line of credit, with the remainder allocated for general corporate purposes to accelerate production of all-electric vehicles and fulfill existing customer orders.
- In connection with the family office loans, GreenPower agreed to issue 3,205,128 non-transferable share purchase warrants and 641,025 Shares to one of the family offices.
Jan 9, 2026, 12:52 AM
GreenPower Secures $10 Million in Financing and $2.95 Million in Standby Letter of Credit Facilities
GP
Debt Issuance
New Projects/Investments
- GreenPower Motor Company Inc. (GP) has received credit approval from CIBC for $5 million in financing facilities, consisting of a $3 million revolving line of credit and a $2 million term loan with a three-year term.
- The company also secured credit approval from CIBC for a $450,000 letter of credit and a letter of credit facility of up to $2.5 million.
- Additionally, GreenPower closed $5 million in term loans from two family offices.
- These financings are intended to recapitalize the company and accelerate production of all-electric vehicles to fulfill existing customer orders.
Jan 9, 2026, 12:25 AM
GreenPower Motor Company to Establish New EV Manufacturing Facility and US Headquarters in New Mexico
GP
New Projects/Investments
Hiring
- GreenPower Motor Company announced an agreement to establish a 135,000 sq. ft. advanced EV manufacturing facility in Santa Teresa, New Mexico, which will also serve as its North American operations base and US corporate headquarters.
- This strategic expansion is projected to generate over $200 million in economic impact for New Mexico over the next decade and create more than 340 jobs.
- The company will receive state incentives totaling $14.61 million, including a $5 million LEDA award, $4.6 million in job training incentive funds, a $1.36 million Rural Jobs Tax Credit, and $3.65 million from the High-Wage Jobs Tax Credit program.
- Santa Teresa's Foreign Trade Zone designation was a key factor in the decision, offering streamlined customs and cost-effective trade for efficient production and distribution of zero-emission vehicles.
Jan 8, 2026, 2:01 PM
GreenPower Motor Company to establish new EV manufacturing facility in New Mexico
GP
New Projects/Investments
Hiring
- GreenPower Motor Company (NASDAQ: GP) has reached an agreement with the New Mexico Economic Development Department to establish its North American operations and US corporate headquarters in a new 135,000 sq. ft. facility in Santa Teresa, New Mexico.
- This strategic move is estimated to create more than 340 jobs and generate over $200 million in economic impact for New Mexico over the next decade.
- The company will receive significant financial incentives, including a $5 million LEDA award, $4.6 million in job training incentive funds, a $1.36 million Rural Jobs Tax Credit, and $3.65 million from the High-Wage Jobs Tax Credit program.
- Santa Teresa's Foreign Trade Zone designation was a key factor in the decision, offering streamlined customs and cost-effective trade for efficient production and distribution of zero-emission vehicles.
Jan 8, 2026, 2:00 PM
GreenPower Announces EV Star Products Eligible for California HVIP Incentives
GP
New Projects/Investments
- The California Clean Truck and Bus Voucher Incentive Project (HVIP) reopened on December 16, 2025, making over $140 million in incentives available.
- GreenPower Motor Company's EV Star line of products is eligible for up to $130,000 in incentives under the HVIP program.
- Small business fleets, defined as private operators with 20 or fewer medium and heavy-duty vehicles and less than $15 million in annual revenue, are eligible for up to $130,000 per Class 4 zero-emission commercial vehicle.
- $20 million is available under the Innovative Small E-Fleet (ISEF) program to support flexible pathways for smaller operators to adopt zero-emission vehicles.
Dec 16, 2025, 1:30 PM
Quarterly earnings call transcripts for GREENPOWER MOTOR Co.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more