GreenPower Motor ( (TSE:GPV) ) has issued an announcement.
GreenPower Motor Company Inc. has announced an update regarding its investor relations and compliance status with the Nasdaq stock exchange. The company has been working with RedChip Companies, Inc. as an investor relations representative to enhance communication with investors and media. However, GreenPower has received a notice from Nasdaq indicating that its share price has fallen below the minimum required threshold, which could impact its listing status. The company has a 180-day period to regain compliance by meeting the minimum share price requirement, with a potential extension if certain conditions are met.
More about GreenPower Motor
GreenPower Motor Company Inc. is a leading manufacturer and distributor of all-electric, zero-emission medium and heavy-duty vehicles. The company serves various sectors including cargo and delivery, shuttle and transit, and school buses. GreenPower designs and builds vehicles with a focus on integrating global suppliers for key components, ensuring ease of maintenance and accessibility for warranty requirements. Founded in Vancouver, Canada, the company operates primarily in southern California and has been listed on the Toronto exchange since 2015 and on NASDAQ since 2020.
YTD Price Performance: -38.05%
Average Trading Volume: 27,588
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$20.64M
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