Electrovaya Inc. Plans Public Offering of Common Shares

Electrovaya Inc., a leader in lithium-ion battery technology, has announced an underwritten public offering of its common shares. This offering will occur in the United States, with documentation available on SEDAR+ and EDGAR.

This initiative aims to fund investments in energy services, next-generation battery research, and general corporate activities. Oppenheimer & Co. Inc. will manage the offering, with Raymond James Ltd. as lead manager.

The offering's completion remains subject to customary conditions, including approvals from the Toronto Stock Exchange and the Nasdaq. Final terms will be market-dependent and disclosed in a prospectus supplement filed with regulatory bodies.

No sale will occur in jurisdictions prohibiting such actions until lawful compliance. Interested investors can access detailed information through specified channels prior to making investment decisions.