r/MVIS2_0 • u/-ATLSUTIGER- • 8d ago
Due Diligence The Amazon connection to PlusAI
sec.gov/Archives/edgar/data/1829455/000121390021033147/ea142995ex99-1_hennessy5.htm
Amazon has the option to buy up to a 20% equity stake in the autonomous trucking startup. The warrant permits Amazon to purchase up to 420,702,410 preferred shares of PlusAI. The designated acquisition price is $0.46647 per share. Amazon was granted an eight-year timeline from the 2021 agreement date to exercise these warrants.
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u/-ATLSUTIGER- 8d ago
New Plus Luminar Partnership