Electrovaya Inc. Announces Pricing of Oversubscribed US$24.4 Million Public Offering of Common Shares

Core Points - Electrovaya Inc. announced the pricing of its public offering of 4,700,000 common shares at a price of US$5.20 per share [1] - The company has granted underwriters a 30-day option to purchase an additional 705,000 common shares at the public offering price, excluding underwriting discounts and commissions [1] Company Overview - Electrovaya is a leading lithium-ion battery technology and manufacturing company [1] - The company is listed on both NASDAQ and TSX under the ticker symbols ELVA [1]