Financing ·
Electrovaya Inc. entered into a transaction agreement with Amazon.com Inc. on July 14, 2026, issuing warrants to…
ELVAElectrovaya Inc.
Electrovaya Inc. entered into a transaction agreement with Amazon.com Inc. on July 14, 2026, issuing warrants to Amazon.com NV Investment Holdings LLC to purchase up to 13,880,345 common shares at $8.56 per share. 5,545,880 warrants have immediately vested, with the remainder vesting in tranches based on performance conditions related to cumulative purchases of up to $280 million. Electrovaya Inc. is a manufacturer of lithium-ion battery technology for electric vehicles and commercial applications.