Jul. 15 at 2:09 PM
$ELVA The PR is now already priced. The Amazon name is the shiny hood ornament, but the actual economics are conditional : Amazon receives warrants for up to about 13.9M shares, full vesting requires
$280M of future purchases, a portion vests immediately just for signing, the release does not say Amazon placed a
$280M committed order today, no fixed purchase schedule, minimum annual volume, margins, or guaranteed revenue disclosed
So this is a commercial framework plus customer incentive package, not
$280M cash suddenly landing in Electrovaya’s account