---
title: "GreenPower issues 1,500 preferred shares in US$1.43 million private placement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291416248.md"
description: "GreenPower issued 1,500 Series A Convertible Preferred Shares in a private placement on June 30, raising USD 1.43 million. This third tranche was executed under a November 2025 agreement with an institutional investor. The company also increased the aggregate stated value of issuable shares by USD 2 million. Conversion terms are based on 105% of stated value divided by 125% of the prior day's NASDAQ closing price for common shares."
datetime: "2026-07-01T12:33:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291416248.md)
  - [en](https://longbridge.com/en/news/291416248.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291416248.md)
---

# GreenPower issues 1,500 preferred shares in US$1.43 million private placement

-   GreenPower issued a third tranche of 1,500 Series A Convertible Preferred Shares in a private placement, raising gross proceeds of USD 1.43 million. \* The shares were issued June 30 under a November 14, 2025 securities purchase agreement with an institutional investor. \* GreenPower increased the aggregate stated value of Series A Convertible Preferred Shares issuable under the facility by USD 2 million. \* Conversion is based on 105% of stated value divided by 125% of the prior day’s NASDAQ closing price for the common shares. \* A 5% cash placement fee is payable to Digital Offering LLC. 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 Newsfile (Ref. ID: 202607010830NEWSFILECNPR\_\_\_\_20260701\_303473\_1) on July 01, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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