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Reported Earlier, GreenPower Announces Proposed Share Consolidation Of One New Share For Every Ten Currently Outstanding Shares To Regain Nasdaq Compliance

Author: Benzinga Newsdesk | August 21, 2025 03:20am

It is anticipated that the Consolidation will reduce the number of outstanding shares of the Company from 30,462,084 Shares to approximately 3,046,208 Post-consolidated Shares, subject to adjustment for rounding. The Consolidation is being undertaken to regain compliance with Nasdaq listing rules requiring a minimum bid price for the Company's shares of $1 per share (the "Minimum Bid Price Requirement"). The Consolidation is subject to approval by the TSX Venture Exchange (the "Exchange").

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