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  5. ELVA: Peter; I’m assuming you saw the options exercised today by the Chairman. [Electrovaya Inc.]

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Q: Peter; I’m assuming you saw the options exercised today by the Chairman. It was announced on the TSX , but not on the US. It also traded over 2M shares in the US. Were there any large blocks in the US traded and does the Chairman have any restrictions on the optioned shares? If not,would it be an overhang. I don’t think it’s the most liquid stock here but in the US it seems much better. Could you just comment on the news ? Thanks.
Rod
Asked by Rodney on January 22, 2026
5i Research Answer:
The Chairman exercised 1,420,000 warrants at an exercise price of U$0.90 per share, which...
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