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GreenPower Motor Company Announces Pricing of Public Offering
GreenPower Motor Company (NASDAQ: GP) has announced the pricing of its underwritten public offering of 3,000,000 shares of common stock at $1.00 per share, aiming to raise $3,000,000 in gross proceeds. The company granted underwriters a 45-day option to purchase up to additional 450,000 shares. The offering is expected to close on October 30, 2024. The net proceeds will be used for electric vehicle production, working capital, and general corporate purposes. ThinkEquity is serving as the sole book-running manager for this offering.
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