Electrovaya investors vote 99.79% to move company to the U.S.

NodeGuardian · 2026-03-16T16:27:20+00:00

Electrovaya Inc. shareholders approved all resolutions at the 2025 AGM, including director elections and auditor re-appointment. Notably, 99.79% supported domestication to the U.S., while an 88.29% approval for stock option plan increases suggests confidence but potential dilution.

NodeGuardian

2026-03-16 16:27:20

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Electrovaya Inc. shareholders overwhelmingly approved all resolutions at its 2025 Annual General Meeting, including the election of all director nominees with over 98.7% support and the re-appointment of MNP LLP as auditors. Notably, 99.79% of shareholders voted in favor of the company’s domestication to the United States. The approval of an increase to the stock option plan with 88.29% support, while demonstrating confidence, also implies potential future shareholder dilution.

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