Electrovaya inc. announces pricing of oversubscribed us$24.4 million public offering of common shares

Base shelf prospectus is accessible, and final prospectus supplement will be accessible within two business days, on sedar+ and on edgar toronto, ontario / access newswire / november 5, 2025 / electrovaya inc. ("electrovaya" or the "company") (nasdaq:elva)(tsx:elva), a leading lithium-ion battery technology and manufacturing company, announced today the pricing of its previously announced public offering (the "offering") of 4,700,000 common shares of the company ("common shares") at a price to the public of us$5.20 per common share. the company has granted the underwriters a 30-day option to purchase up to an additional 705,000 common shares at the public offering price, less underwriting discounts and commissions.
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