RegulatoryOct 16, 2026, 04:41 PM
GreenPower Motor Company Inc. Receives Nasdaq Non-Compliance Notice
AI Summary
GreenPower Motor Company Inc. announced it has received a notice from Nasdaq indicating non-compliance with listing rules. The company's common shares have closed below $1 for 30 consecutive business days. GreenPower has 180 days to regain compliance by having its shares close at or above $1 for 10 consecutive business days. If unsuccessful, it may be eligible for an additional 180-day period.
Key Highlights
- GreenPower Motor Company Inc. received a notice from Nasdaq on October 15, 2026.
- The company is out of compliance with Nasdaq Listing Rules due to closing share price below $1 for 30 consecutive business days.
- Compliance can be regained if shares close above $1 for 10 consecutive business days within 180 days.
- An additional 180 days may be granted if the company meets other Nasdaq Capital Market listing standards and intends to cure the bid price deficiency.
Price Impact
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