Electrovaya (TSE:ELVA) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Electrovaya Inc., a leader in lithium-ion battery technology, has successfully closed a public offering, raising approximately $11.1 million. The company plans to use the funds to meet conditions related to a loan from the Export-Import Bank of the United States and to repay existing financial obligations.
For further insights into TSE:ELVA stock, check out TipRanks’ Stock Analysis page.
