Westport Regains Compliance with NASDAQ Minimum Bid RequirementVANCOUVER, British Columbia, June 21, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport” or the "Company") (TSX:WPRT / Nasdaq: WPRT), a global leader in low-emissions alternative fuel transportation technologies, announced today that it has received a Bid Price Compliance Letter from the Nasdaq Listing Qualifications Staff of the Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1) for continued listing on The Nasdaq Capital Market®.
Westport Announces Effective Date of Share ConsolidationVANCOUVER, British Columbia, June 01, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. ("Westport" or the "Company") (TSX:WPRT / Nasdaq: WPRT) a global leader in low-emissions alternative fuel transportation technologies is pleased to announce, further to its April 26, 2023 press release, the completion of the Company's proposed consolidation of its common shares ("Common Shares") on the basis of (1) new post-consolidation Common Share for every ten (10) existing pre-consolidation Common Shares (the "Consolidation").
Westport Fuel Systems Reports First Quarter 2023 Financial ResultsVANCOUVER, British Columbia, May 08, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport") (TSX:WPRT / Nasdaq:WPRT) reported financial results for the first quarter ended March 31, 2023, and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.
Westport Receives Nasdaq Notification Regarding Minimum Bid Price Compliance and Announces Board of Director Approval of Share ConsolidationVANCOUVER, British Columbia, April 26, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport” or the "Company") (TSX:WPRT / Nasdaq: WPRT) a global leader in low-emissions alternative fuel transportation technologies announced today that on April 26, 2023, it received a written notice (“Notification”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5450(a)(1) (“Nasdaq Listing Rule”). The Company also announced that the Board has approved a consolidation of the Company’s issued and outstanding common shares at a consolidation ratio of 10-for-1 (the “Share Consolidation”).
Westport to Issue First Quarter 2023 Financial Results on Monday, May 8, 2023VANCOUVER, British Columbia, April 19, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) announced today it will release financial results for the first quarter of 2023 on Monday, May 8 after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Tuesday, May 9, 2023.
Westport Files Replacement Preliminary Short Form Base Shelf ProspectusVANCOUVER, British Columbia, April 14, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) announces it has filed a preliminary short form base shelf prospectus (once filed in final form and received by the relevant Canadian securities regulatory authorities, the “Shelf Prospectus”) with the securities commissions in each of the provinces and territories of Canada. The Company’s current base shelf prospectus and corresponding shelf registration statement expires on April 16, 2023.
Westport Publishes 2022 Annual and Special Meeting ResultsVANCOUVER, British Columbia, April 06, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“WFS” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today held its Annual and Special Meeting of Shareholders (the “Meeting”) in a virtual format. Shareholders approved all resolutions presented at the meeting including the election of all nominated directors, the appointment of KPMG LLP as the Company’s auditors, an advisory Say-on-Pay vote and approval for board discretion to initiate a share consolidation.
Westport Reports Fourth Quarter and Full Year 2022 ResultsVANCOUVER, British Columbia, March 13, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport”) (TSX:WPRT / Nasdaq:WPRT) today reported financial results for the fourth quarter and year ended December 31, 2022 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.
Westport Signs Third Global Heavy-Duty OEM Collaboration Agreement to Demonstrate H2 HPDI™ Fuel System on IC Engine PlatformVANCOUVER, British Columbia, March 06, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT / Nasdaq: WPRT), a global leader in low-emissions alternative fuel transportation technologies, today announced its collaboration with a global original equipment manufacturer (OEM) to evaluate the performance, efficiency and emissions of the OEM’s engine equipped with Westport’s H2 HPDI fuel system. This collaboration marks Westport’s third major OEM engagement evaluating its H2 HPDI fuel system to date. Funded by the OEM, the work starts immediately and continues through year end.
Westport to Issue Fourth Quarter and Full Year 2022 Financial Results on Monday, March 13, 2023VANCOUVER, British Columbia, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) announced today it will release financial results for the fourth quarter and full fiscal year 2022 on Monday, March 13, 2023, after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Tuesday, March 14, 2023.
Westport Regains Compliance with Nasdaq Minimum Bid RequirementVANCOUVER, British Columbia, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT / Nasdaq: WPRT), a global leader in low-emissions alternative fuel transportation technologies, announced today that it has received a Bid Price Compliance Letter from the Nasdaq Listing Qualifications Staff of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1) for continued listing on The Nasdaq Capital Market®.
Westport and Johnson Matthey Collaborate to Develop Emissions Aftertreatment System for the H₂ HPDI™ Fuel SystemVANCOUVER, British Columbia, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT / Nasdaq: WPRT), a global leader in low-emissions alternative fuel transportation technologies, announced today their collaboration with Johnson Matthey, a global leader in sustainable technologies, to develop an emissions aftertreatment system tailored to Westport’s proprietary H2 HPDI™ hydrogen fuel system, with the goal of reducing or eliminating emissions.
Westport Awarded Program to Supply Euro 7 LPG Fuel Systems to Global OEMVANCOUVER, British Columbia, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX:WPRT / Nasdaq: WPRT), a global leader in low-emissions alternative fuel transportation technologies, announced today that it has been awarded a program to develop and supply liquefied petroleum gas (LPG) systems to a global original equipment manufacturer (OEM) to accommodate a number of its Euro 7 vehicle platforms. The deal is forecasted to generate €40 million in annual revenue with production expected to begin in Q1 2025.
Westport to provide strategic update and deep dive into H2 HPDI fuel system at its 2022 Capital Markets DayVANCOUVER, British Columbia, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT / Nasdaq: WPRT), a global leader in low-emissions alternative fuel transportation technologies, today announces that it will host an in-person and virtual Capital Markets Day on Thursday, December 8th.
Westport Fuel Systems Reports Third Quarter 2022 Financial ResultsVANCOUVER, British Columbia, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport") (TSX:WPRT / Nasdaq:WPRT) reported financial results for the third quarter ended September 30, 2022, and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.
Westport Receives Nasdaq Notification Regarding Minimum Bid Price ComplianceVANCOUVER, British Columbia, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport” or the "Company") (TSX:WPRT / Nasdaq: WPRT) a global leader in low-emissions alternative fuel transportation technologies announced today that on November 3, 2022, it received written notice (“Notification”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying it that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2) (“Nasdaq Listing Rule”).
Westport and Scania Announce Impressive Test Results of H₂ HPDI™ Fuel System for Heavy-Duty TransportVANCOUVER, British Columbia, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport”) (TSX: WPRT / Nasdaq: WPRT) a global leader in low-emissions alternative fuel transportation technologies, and Scania AB, a world-leading provider of transport solutions, announced today impressive engine test results of Westport’s H₂ HPDI fuel system for heavy-duty vehicle applications.
Westport to Issue Third Quarter 2022 Financial Results on Monday, November 7, 2022VANCOUVER, British Columbia, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) announced today it will release financial results for the third quarter 2022 on Monday, November 7 after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Tuesday, November 8, 2022.
Westport Announces the Resignation of Chief Financial Officer Richard Orazietti and Appoints William Larkin as SuccessorVANCOUVER, British Columbia, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT / Nasdaq: WPRT) today announced the resignation of its Chief Financial Officer (CFO), Richard Orazietti, for personal reasons. Mr. Orazietti will continue in his capacity as CFO until November 30, 2022, following the release of Westport’s third quarter 2022 results, to ensure a smooth transition and the seamless transfer of duties and responsibilities.
