GreenPower Motor Company to Voluntarily Delist from TSX Venture Exchange: A Strategic Move

GreenPower's Voluntary Delisting from TSXV: A Big Step Forward

GreenPower Motor Company Inc. (NASDAQ: GP) has made headlines with its recent announcement to voluntarily delist its common shares from the TSX Venture Exchange (TSXV), with the final trading day set for November 14, 2025. This pivotal decision was motivated by a thorough assessment of the company's strategic priorities and operational efficiencies, aiming to streamline its business model.

Reasons Behind the Delisting

GreenPower has indicated that one of the primary factors for this voluntary delisting is the consistently low trading volumes observed on the TSXV. Throughout the first nine months of 2025, transactions of GreenPower shares on this exchange represented barely 2% of its trading volumes on NASDAQ. Such minimal activity does not warrant the associated costs and administrative demands of maintaining a listing on the TSX, thus prompting the management to reconsider their position on the exchange.

In addition, the delisting is viewed as a means of enhancing cost efficiency by reducing regulatory and compliance expenditures. These savings can then be redirected towards growth initiatives that the company prioritizes moving forward. By simplifying operations, GreenPower aims to concentrate efforts on markets that promise higher shareholder value, aligning with broader industry trends focusing on cost-effective and sustainable practices.

Impact on Shareholders

Despite the substantial move, GreenPower reassures its shareholders that their ownership stakes will remain unaffected. The company will continue trading under its NASDAQ listing, retaining the ability for shareholders to engage in trades of GreenPower shares seamlessly. Maintaining a reporting status under Canadian securities laws is also a key commitment, ensuring transparency and compliance within the investor community.

The management is working diligently with the TSXV to facilitate a smooth transition for all stakeholders involved. Shareholders are advised to remain in contact with their respective brokers or financial advisors for any guidance regarding trading options and necessary account adjustments that may arise from this change.

A Commitment to Growth

GreenPower is resolute in its commitment to delivering long-term value to its investors. The delisting from TSXV is a reflection of this commitment, as it signifies a strategic realignment focused on optimizing operations. Collaborating with global suppliers for core components, the company designs and manufactures a comprehensive range of all-electric medium and heavy-duty vehicles, including transit buses and school buses, contributing significantly to the zero-emissions transportation sector.

Founded in Vancouver, Canada, GreenPower has distinguished itself since its inception by prioritizing sustainability and innovation in the automotive industry. With facilities operating primarily in southern California, the company remains firmly rooted in its mission to enhance the electrification of transportation. Having listed on the TSXV since November 2015 and transitioning to a NASDAQ listing in August 2020, GreenPower has consistently demonstrated its focus on adaptability and growth in the competitive market.

Conclusion

In summary, GreenPower Motor Company's voluntary delisting from the TSXV is a strategic decision aimed at enhancing operational efficiency and fostering growth. By focusing on its NASDAQ listing, the company ensures that it continues to serve its shareholders effectively while committing to sustainable practices and innovations in electric vehicle manufacturing. As the company progresses, all eyes will be on how these changes unfold and the impact they will have on the future of GreenPower and its stakeholders.