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News 2026-10-16 23:32 UTC

GreenPower Converts USD 2 Million in Debt Into Preferred Shares

GreenPower Motor converted USD 2 million of convertible debenture principal into 2,105 Series B Convertible Preferred Shares to strengthen shareholders' equity. The preferred shares carry a 9% annual dividend rate and are convertible into common shares at USD 1.975 per share, subject to adjustment. Investors received 2