GreenPower Establishes ATM Equity Program
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GreenPower Motor Company Inc. has established an at-the-market (ATM) equity program with Roth Capital Partners, allowing the company to issue up to $850,000 in common shares. This move provides GreenPower with flexibility in raising capital.
March 07, 2025 | 10:30 pm
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GreenPower Motor Company Inc. has initiated an ATM equity program with Roth Capital Partners, allowing the issuance of up to $850,000 in common shares. This program provides GreenPower with a flexible mechanism to raise capital as needed.
The ATM program allows GreenPower to issue shares at its discretion, providing flexibility in capital raising. This can be positive for liquidity but may dilute existing shareholders, leading to a neutral short-term impact on stock price.
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