# GreenPower Receives Nasdaq Bid-Price Deficiency Notice After Prolonged Stock Weakness

- URL: https://stocks.freetheai.org/news/greenpower-receives-nasdaq-bid-price-deficiency-notice-after-prolonged-stock-84a1d0
- Published: 2026-10-16T20:30:00Z
- Category: company_news; sentiment: bearish; impact: medium
- Symbols: [NASDAQ:GP](https://stocks.freetheai.org/symbols/NASDAQ-GP)
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GreenPower Motor Company Inc. (GP) received a bid-price deficiency notification from Nasdaq after its stock failed to maintain the minimum required trading value. The company's shares closed below $1.00 for 30 consecutive business days, triggering a formal compliance timeline under exchange rules. Following the news, the stock fell 7.60% to $0.322.

The notice increases delisting risk and underscores sustained pressure on the company's valuation and share liquidity. To regain compliance, GreenPower must achieve a closing bid price of at least $1.00 for at least 10 consecutive business days during an initial 180-day grace period.

If GreenPower cannot meet the requirement within the initial 180 days, it may qualify for an additional 180-day extension, provided it satisfies specific listing standards. Investors will be monitoring whether business traction or corporate actions can lift the share price back above the required threshold.

## Key points

- GreenPower Motor Company Inc. (GP) received a Nasdaq deficiency notice after its stock closed under $1 for 30 consecutive business days.
- The stock fell 7.60% to $0.322 following the announcement.
- The company has 180 days to regain compliance by holding a closing price of $1 or higher for 10 consecutive business days.
- An additional 180-day compliance period may be granted if GreenPower meets specific exchange requirements.

## Questions and answers

### Why did GreenPower receive a Nasdaq deficiency notice?

Nasdaq issued the notice because GreenPower Motor Company Inc. shares closed below $1.00 for 30 consecutive business days.

### How long does GreenPower have to regain Nasdaq compliance?

GreenPower has 180 days to bring its share price to at least $1.00 for 10 straight business days, with the potential for another 180-day extension if certain criteria are met.

### What is required for GreenPower to resolve the deficiency?

The company's stock must close at or above $1.00 for at least 10 consecutive business days during the compliance window.