Greenpower gone red GreenPower Motor Company Inc.(NASDAQ: GP) (TSXV: GPV)("GreenPower"), announces that the British Columbia Securities Commission has issued a cease trade order dated July 6, 2023 (the "CTO") in connection with the Company missing the June 29, 2023 filing deadline for its audited financial statements, management's discussion and analysis and related certifications for the year ended March 31, 2023 (collectively, the "Annual Filings"). GreenPower has experienced unforeseen delays in finalizing the Annual Filings.
GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van and a cab and chassis. GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components.
This OEM platform allows GreenPower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements.
GreenPower was founded in Vancouver, Canada with primary operational facilities in southern California. Listed on the Toronto exchange since November 2015, GreenPower completed its U.S. IPO and NASDAQ listing in August 2020. For further information go towww.greenpowermotor.com.