Vancouver, Canada September 16, 2022 – GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) (“GreenPower” or the “Company”), a leading manufacturer and distributor of zero-emission, electric-powered medium and heavy-duty vehicles, is pleased to announce that it has entered into a sales agreement (the “Sales Agreement”) with Roth Capital Partners, LLC (“Roth”), to establish an at-the-market equity program (the “ATM Program”). The Company, at its discretion, may issue up to US$20,000,000 of common shares (the “Common Shares”) of the Company under the ATM Program, which will be issued from treasury to the public. The Company is not obligated to make any sales of Common Shares under the Sales Agreement. There are no warrants, derivatives, financial or business covenants associated with the Sales Agreement. No Common Shares will be offered or sold in Canada under the ATM Program.
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