8-KItem 1.01 · Material AgreementItem 3.02 · Unregistered Equity SalesItem 9.01 · Financial Statements

Generac Issues Amazon Warrant Tied to Up to $8 Billion Generator Supply Deal

Filed with the SEC on · Summarized by InvestorsBot

Generac entered into a transaction agreement with Amazon and issued its wholly owned subsidiary, Amazon.com NV Investment Holdings LLC, a warrant for up to 1,693,745 Generac shares at an exercise price of $200.9266 per share. The warrant’s remaining shares vest based on payments for backup generators supplied to Amazon data centers, with initial deliveries expected to total $2.4 billion in 2027 and 2028 and aggregate payments potentially reaching $8 billion; Amazon may exercise the warrant through September 16, 2033.

Read the original filing on SEC EDGAR

Get summaries like this in your inbox every morning

Pick up to 20 companies — we read their SEC filings overnight and send you the plain-English version. Free.

Subscribe free

More from GENERAC HOLDINGS INC.