Are there any upcoming regulatory or market events that could influence the pricing of any securities issued under this prospectus?

Regulatory timing: The key driver for pricing will be the formal acceptance of the new short‑form base‑shelf prospectus by Canada’s securities commissions. Once the final prospectus is signed off—expected within the next 2‑4 weeks—it will re‑open Westport’s ability to raise capital (equity, debt or hybrids) without filing a separate prospectus each time. Any announced “shelf‑offering” (e.g., a $50‑$100 million equity raise) will be priced against the prevailing market and will likely cause short‑term pressure on the stock, especially if the issuance size is material relative to current float (~ 150 M shares). Traders should therefore monitor the SEDAR filings and any “Offering Circular” that follows the prospectus approval, as those will set the first price‑impact event.

Market catalysts: Westport’s valuation is also tied to broader energy‑sector dynamics. The company’s Q3 2025 earnings release (scheduled for the week of Oct 15 2025) will coincide with the first potential issuance window, adding volatility. Additionally, upcoming U.S. and Canadian emissions‑regulation updates (e.g., the U.S. EPA’s final “Heavy‑Duty Engine” rule expected in early 2026) could affect demand for Westport’s natural‑gas‑focused engine systems, influencing investor sentiment on any new securities. From a technical standpoint, WPRT is trading near its 50‑day EMA (~ $9.10) with a bullish RSI‑14 in the 58‑62 range; a confirmed breakout above the recent high (~ $9.70) could provide a better pricing environment for a secondary offering, while a break below the EMA could trigger discount pricing or a delay.

Actionable take‑away: Keep a watchlist flag on the SEDAR filing window (≈ late August–early September) and be ready to adjust exposure if a shelf‑offering is announced. In the short term, a modest long position can be considered if the stock holds above the 50‑day EMA and oil‑price trends remain supportive; however, place a tight stop just below the EMA to protect against a regulatory‑driven dilution shock. If the upcoming earnings or emissions‑rule news appears negative, consider a short‑term hedged position (e.g., protective put) ahead of the first issuance date.