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GreenPower Motor Company Inc. Announces Reverse Stock Split Plan

Newsfile ·

GP
GP GreenPower Motor Company Inc
$0.38 -31.62%
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  1. 1GreenPower Motor Company Inc. plans to complete a consolidation of its outstanding common shares.
  2. 2The consolidation will merge every 5 currently outstanding GreenPower shares into 1 share.
  3. 3The company aims to comply with the Nasdaq listing requirement of a minimum bid price of $1.

So what's the key point?

GreenPower Motor Company Inc. has decided to combine multiple shares into one. This move is intended to raise the share price to meet listing rules.

Source Newsfile · View original ↗

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