GreenPower converts insider — held preferred shares into 1,336,436 common shares
GreenPower converted Series B Convertible Preferred Shares into 1,336,436 common shares in August 2026. Conversions covered 324 shares on Aug. 6, 610 shares on Aug. 18, 818 shares on Aug. 18. Shares issued to entities controlled by CEO and Chairman Fraser Atkinson, triggering related-party treatment under MI 61-101. Atkinson’s ownership rose to 28.6% of 9,884,038 shares outstanding on a non-diluted basis. Partially diluted stake would be 50.7% assuming exercise of options, warrants, debentures, remaining preferred shares. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GreenPower Motor Company Inc. published the original content used to generate this news brief via (Ref. ID: 202609181610NEWSFILECNPR____20260918_315044_1) on September 18, 2026, and is solely responsible for the information contained therein. (C)
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.