NASDAQGreenPower Announces Plans to List its shares on NASDAQ
VANCOUVER, British Columbia, April 05, 2019 (GLOBE NEWSWIRE) -- GreenPower Motor Company Inc. (TSXV: GPV) (OTCQX: GPVRF) (“GreenPower” or the “Company”) is pleased to announce that it has filed an application to commence with its plan to list GreenPower’s common shares on the NASDAQ Capital Market (“NASDAQ”).
By up-listing to NASDAQ, the Company believes that it will gain new exposure and access to a larger base of retail and institutional investors in the United States and internationally. NASDAQ is the world’s pre-eminent exchange for technology companies, including emerging markets such as the electric vehicle sector, which is expected to be a great fit for GreenPower. Management believes that the up-listing will bring significant value to the Company.
The listing of the Company’s common shares on NASDAQ remains subject to the approval of that exchange and the satisfaction of all applicable listing requirements. The Company will provide updates on its progress as it moves toward this goal.
“We’re very excited to be taking steps to be the first EV Designer, Manufacturer and Distributor of a suite of heavy duty all-electric buses to trade on NASDAQ,” stated Fraser Atkinson, Chairman of GreenPower. “Becoming listed on NASDAQ will support the Company’s aggressive growth plans, extend our sales channels for our products, expand the Company’s access to capital, provide liquidity to shareholders and broaden the exposure of the Company to the investment community.”
For further information contact:
Fraser Atkinson
Chairman
(604) 220-8048
Brendan Riley
President
(510) 910-3377