GreenPower Motor Company Inc. has regained compliance with Nasdaq’s listing requirements after undertaking several financial transactions, including equity offerings and securing term loans. Despite this, the company will remain under a Panel monitor for one year and has a “WEAK” financial health rating according to InvestingPro. GreenPower designs and manufactures all-electric medium and heavy-duty vehicles and is scheduled to report earnings soon.
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GreenPower Motor regains compliance with Nasdaq listing requirements
GreenPower Motor Company Inc. has regained compliance with Nasdaq’s listing requirements after undertaking several financial transactions, including equity offerings and securing term loans. Despite this, the company will remain under a Panel monitor for one year and has a “WEAK” financial health rating according to InvestingPro. GreenPower designs and manufactures all-electric medium and heavy-duty vehicles and is scheduled to report earnings soon.