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The latest update is out from GreenPower Motor ( (GP) ).
On January 14, 2026, GreenPower Motor Company Inc. closed previously approved US$5 million financing facilities with CIBC, consisting of a US$3 million revolving line of credit and a US$2 million three-year term loan. Two company directors provided joint and several personal guarantees for the full amount, in return for which GreenPower granted one of the guarantors 2,016,129 non-transferable share purchase warrants exercisable at US$1.24 for 36 months and issued 403,225 common shares, all subject to a four-month-plus-one-day hold period under securities law. Part of the proceeds was used to repay and terminate GreenPower’s existing operating line of credit, with the balance earmarked for general corporate purposes, a move that refreshes the company’s liquidity profile and may strengthen its financial flexibility while raising related-party governance considerations under MI 61‑101, from which the transactions are exempt from formal valuation and minority approval requirements.
The most recent analyst rating on (GP) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on GreenPower Motor stock, see the GP Stock Forecast page.
More about GreenPower Motor
GreenPower Motor Company Inc., based in Vancouver and listed on Nasdaq, is a manufacturer and distributor of all‑electric, purpose-built, zero-emission medium- and heavy-duty vehicles, including transit and school buses, shuttles, cargo vans, and cab-and-chassis platforms. The company uses a clean-sheet OEM design that is engineered specifically for battery-electric operation, integrating global component suppliers to meet diverse operator specifications while standardizing parts for maintenance efficiency and warranty support.
Average Trading Volume: 1,395,561
Technical Sentiment Signal: Sell
Current Market Cap: $3.97M
Find detailed analytics on GP stock on TipRanks’ Stock Analysis page.