Electrovaya (ELVA) Announces Proposed Share Offering

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Electrovaya Inc. Announces Proposed Public Offering of Common Shares and Files Preliminary Prospectus Supplement

December 16, 2024 4:45 PM EST

TORONTO, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Electrovaya Inc. (Electrovaya or the Company) (NASDAQ: ELVA; TSX: ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that the Company is commencing an underwritten public offering (the Offering) of its common shares (the Common Shares). All of the shares are being offered by the Company.

The shares will be offered in the United States pursuant to a shelf registration statement (including a prospectus supplement thereto) previously filed with and declared effective by the Securities and Exchange... More