GreenPower Enters Into Securities Purchase Agreement For Issuance Of Up To $18M Of Series A Convertible Preferred Shares

GreenPower Motor Company Inc. (NASDAQ:GP) ("GreenPower" or the "Company"), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced it has entered into a Securities Purchase Agreement (the "Agreement") for the issuance of up to US$18 million of Series A Convertible Preferred Shares (the "Financing") through a facility with an institutional investor.