Jabil issued warrant for Amazon.com to acquire up to 1,158,539 ordinary shares

In a regulatory filing, Jabil (JBL) disclosed that on December 27, the company issued a warrant to Amazon.com NV Investment Holdings (AMZN) to acquire up to 1,158,539 ordinary shares of the company at an initial exercise price of $137.7671 per share, which is the preceding 30 trading day VWAP. “The Warrant allows for cashless exercise and expires December 27, 2031. The Warrant Shares are subject to vesting for payments for purchased products and services over the Warrant term, with a portion of the Warrant Shares having vested as of the Warrant issuance. Upon the consummation of an acquisition transaction, subject to certain exceptions, the unvested portion of the Warrant will vest in full. So long as the Warrant is unexercised, the Warrant does not entitle the Warrantholder to any voting rights or any other common stockholder rights. The exercise price and the number of Warrant Shares are subject to customary anti-dilution adjustments,” the filing stated.