Pacific Green Technologies INC

Pacific Green Technologies, Inc. announced its decision to voluntarily delist its common shares from the OTC markets and terminate its SEC registration to streamline operations and reallocate resources.

Pacific Green Technologies Inc. has entered into agreements to repurchase and cancel 3,860,028 common shares for a total of US$2,303,015.

Pacific Green Technologies Inc. announced securing approximately US$2.6 million in loan financing repayable in 24 months, alongside the amicable resignation of Peter Rossbach from its Board of Directors.

Pacific Green Technologies Inc. has filed an amended 8-K, announcing that previously issued financial statements for three quarters in 2023 should no longer be relied upon due to multiple material accounting errors and identified internal control weaknesses, though reported net income, cash, and net assets remain unaffected.

Pacific Green Technologies has sold its Limestone Coast North Energy Park to Intera Renewables for US$293 million, marking a significant milestone in its Australian project pipeline.

Pacific Green Technologies has agreed to sell its Limestone Coast North Energy Park to Intera Renewables for A$460 million (US$293 million).

Pacific Green Technologies Inc. reported a substantial net loss and a worsening working capital deficit for the nine months ended December 31, 2024, despite a significant expansion in its Battery Energy Storage Systems (BESS) project pipeline, raising going concern doubts.

Pacific Green Technologies Inc. reported a significant increase in net losses and a worsening working capital deficit for the six months ended September 30, 2024, despite revenue growth and substantial expansion of its Battery Energy Storage Systems (BESS) project pipeline, while also disclosing material weaknesses in internal financial controls and ongoing efforts to secure critical development funding.

Pacific Green Technologies Inc. reported a net loss of $3.5 million for the quarter ended June 30, 2024, despite increased revenues and a growing battery energy storage system (BESS) project pipeline, while facing significant liquidity concerns and internal control weaknesses.

Pacific Green Technologies saw a significant increase in revenue and a return to profitability in the third quarter of 2023, primarily due to the sale of Battery Energy Storage System (BESS) projects.

Pacific Green Technologies Inc. reported a net profit for fiscal year 2024 driven by significant BESS project sales and revenue growth, despite disclosing material weaknesses in internal financial controls and substantial doubt about its ability to continue as a going concern.

Fresh Air Investments (Canada) Ltd., a 10% owner and director of Pacific Green Technologies Inc., has fully divested its beneficial ownership in the company through a series of transactions.