Monitor for Nasdaq approval and the effective date of the consolidation. The stock's ability to sustain a $1+ post-consolidation price is uncertain given the underlying business fundamentals; further operational updates or capital raises may follow.
Price Chart
Executive Summary
GreenPower Motor Company announced a proposed 1-for-5 reverse share consolidation to regain compliance with Nasdaq's $1 minimum bid price requirement. The consolidation would reduce outstanding shares from ~10.5M to ~2.1M and is subject to Nasdaq approval. This is a routine delisting-avoidance measure that signals the stock has been trading below $1, reflecting ongoing financial distress.
Key Facts
- GreenPower proposes a 1-for-5 reverse share consolidation to regain compliance with Nasdaq's $1 minimum bid price rule.
- Outstanding shares would decrease from 10,503,546 to approximately 2,100,709.
- The consolidation is subject to Nasdaq approval; no name or ticker change is planned.
- No fractional shares will be issued; fractional entitlements will be rounded up to the nearest whole share.
- Exercise prices and conversion terms for options, warrants, and convertible debentures will be proportionally adjusted.
Financial Impact
No financial figures provided beyond share count reduction; the consolidation itself does not change market cap or enterprise value.
Risk Factors
- Nasdaq may not approve the consolidation, leading to potential delisting.
- Post-consolidation price may still fail to maintain $1, risking continued non-compliance.
- Reverse splits often carry negative signaling and can precede further dilution or operational challenges.
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001062993-26-005185 |
| Document: form6k.htm | 0001062993-26-005185 |
| Document: 0001062993-26-005185-index-headers.html | 0001062993-26-005185 |
| Document: 0001062993-26-005185-index.html | 0001062993-26-005185 |
| Document: 0001062993-26-005185.txt | 0001062993-26-005185 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 9d ago | 6-K | $1.46 | awaiting T+60 | — | $1.47 (−0.34%) |
Oct 16, 2026 9d ago | 6-K | $1.46 | awaiting T+60 | — | $1.47 (−0.34%) |
Oct 15, 2026 11d ago | 6-K | $0.3485 | awaiting T+60 | — | $1.47 (+320.37%) |
Oct 13, 2026 13d ago | 6-K | $0.3234 | awaiting T+60 | — | $1.47 (+353.00%) |
Oct 9, 2026 17d ago | 6-K | $0.3760 | awaiting T+60 | — | $1.47 (+289.63%) |
Oct 5, 2026 20d ago | 6-K | $1.92 | awaiting T+60 | — | $1.47 (+23.70%) |
Sep 18, 2026 5w ago | 6-K | $0.8114 | awaiting T+60 | — | $1.47 (−80.55%) |
Jul 10, 2026 15w ago | 6-K | $1.47 $0.3841 | ▲ +73.87% | ▲ +77.86% | $1.47 (+0.34%) |
Jul 7, 2026 15w ago | 6-K | $1.55 $0.6090 | ▲ +60.71% | ▲ +62.71% | $1.47 (+5.48%) |
Jul 1, 2026 16w ago | 6-K | $1.60 $0.5772 | ▲ +63.92% | ▲ +66.88% | $1.47 (+8.44%) |
US Market Status
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