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GreenPower Announces Delay with Annual Filings

1. GreenPower received a cease trade order from British Columbia Securities Commission. 2. The order resulted from missing the June 30, 2025 filing deadline. 3. Trading is halted on the TSX Venture Exchange but not on NASDAQ. 4. The company is working to complete its audited financial statements. 5. Share resumption depends on the revocation of the cease trade order.

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FAQ

Why Bearish?

Cease trade orders typically instill investor uncertainty. Historical examples show similar events led to significant stock price declines for other companies.

How important is it?

The cease trade order affects trading sentiment and may lead to panic selling. Monitoring the situation is crucial for investors.

Why Short Term?

The immediate impact is noticeable, particularly due to halted trading. Once the filings are submitted, recovery can be expected.

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TSXV: GPVNASDAQ: GP
, /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), announces that the British Columbia Securities Commission has issued a cease trade order dated July 10, 2025 (the "CTO") in connection with the Company missing the June 30, 2025 filing deadline for its audited financial statements, management's discussion and analysis, related certifications and annual information form for the year ended March 31, 2025 (collectively, the "Annual Filings"). GreenPower has experienced unforeseen delays in finalizing the Annual Filings.  As a consequence of the CTO, trading of the Company's common shares on the TSX Venture Exchange has been halted. The Company is diligently working with its auditors to complete the Annual Filings as quickly as possible.  After completing the filings, the CTO will be revoked and the Company will coordinate with the TSX Venture Exchange for a resumption of trading as expeditiously as possible once the CTO has been revoked. Trading of the Company's shares under the ticker GP on the Nasdaq stock exchange is not impacted by the CTO. For further information contact Fraser Atkinson, CEO(604) 220-8048 Michael Sieffert, CFO(604) 563-4144 About GreenPower Motor Company Inc. 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 to www.greenpowermotor.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  ©2025 GreenPower Motor Company Inc. All rights reserved. SOURCE GreenPower Motor Company WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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