GreenPower converts insider-held preferred shares into 1,336,436 common shares
GP•Preferred shares converted into common stock
GreenPower converted Series B Convertible Preferred Shares into 1,336,436 common shares in August 2026.
Conversions covered 324 shares on Aug. 6, 610 shares on Aug. 18, and 818 shares on Aug. 18.
Insider-related issuance and ownership impact
Shares were issued to entities controlled by CEO and Chairman Fraser Atkinson, triggering related-party treatment under MI 61-101.
Atkinson’s ownership rose to 28.6% of 9,884,038 shares outstanding on a non-diluted basis. His partially diluted stake would be 50.7% assuming exercise of options, warrants, debentures, and remaining preferred shares.
