GREENPOWER MOTOR Co INC. (GP) company profile

GreenPower Motor Company Inc. designs, manufactures, and distributes all-electric medium- and heavy-duty vehicles. Its core vehicle offerings include transit buses, school buses such as the BEAST and Nano BEAST models, shuttles, cargo vans, and cab and chassis platforms built on its proprietary EV Star platform. The company also produces commercial truck bodies through its Lion Truck Body line. GreenPower serves a diverse customer base encompassing commercial transportation providers, transit authorities, school districts, and government entities.

The company operates primarily across the United States and Canada, distributing vehicles directly and through an established network of regional dealers located in multiple American states. Manufacturing and East Coast commercial activities are centered at an 80,000-square-foot facility in South Charleston, West Virginia, while additional manufacturing and sales operations are situated in Riverside, California. GreenPower maintains its corporate headquarters and principal place of business in Vancouver, British Columbia, Canada.

Summary of the business section of Greenpower Motor's latest annual report, written by StockData.

“Per Share Total Public Offering price $20.00 $37,200,000 Underwriting discounts and commissions (1) $1.40 $2,604,000 Proceeds, before expenses, to us $18.60 $34,596,000 (1) See "Underwriting" beginning on page 109 for a description of the compensation payable to the underwriters.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

“Greenpower had a total of 69 employees as at March 31, 2022, 55 employees as at March 31, 2021, and 48 employees as at March 31, 2020.”