GreenPower Accelerates Production of All-Electric School Buses; Secures Financing Facility of Up to $18 Million to Convert Record Backlog [Yahoo! Finance]
GreenPower Motor Company Inc. - Common Shares (GP)
Company Research
Source: Yahoo! Finance
already produced to accelerate revenue recognition and improve working-capital efficiency. Early production work positions GreenPower for improved gross margins and a pathway to positive operating cash flow. LOS ANGELES Nov. 14, 2025 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) ("GreenPower" or the "Company") today announced accelerated production of its all-electric school bus lineup, supported by a financing facility of up to $18 million, deployable in tranches of up to $2 million. The facility is designed to optimize cash conversion cycles, enabling GreenPower to match capital deployment with production timing as the Company scales output. GreenPower's Type A Nano BEAST and Type D BEAST school buses. "We are entering a period of meaningful operational leverage," said Fraser Atkinson, CEO of GreenPower. "With more than $50 million in contracted orders for our Nano BEAST and BEAST school buses, this facility allows us to convert backlog into deliveries more effi
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News
- New Jersey ZIP Reopens with $37.5 Million in New FundingPR Newswire
- GreenPower Improves Balance Sheet by $6.8 MillionPR Newswire
- GreenPower Accelerates Production of All-Electric School Buses; Secures Financing Facility of Up to $18 Million to Convert Record BacklogPR Newswire
- GreenPower Announces Preferred Share Financing for up to $18 MillionPR Newswire
- GreenPower Announces Voluntary Delisting from the TSXVPR Newswire
GP
Earnings
- 8/18/25 - Beat
GP
Sec Filings
- 11/26/25 - Form D
- 11/20/25 - Form 6-K
- 11/14/25 - Form 6-K
- GP's page on the SEC website