3M Issues Amazon Warrant Tied to $6 Billion in Data Center Payments
Filed with the SEC on · Summarized by InvestorsBot
On October 19, 2026, 3M entered an expanded commercial relationship with a wholly owned Amazon subsidiary and issued a warrant allowing another Amazon subsidiary to buy up to 3,162,015 3M shares at $164.89 per share over seven years. 85% of the shares will vest based on Amazon’s payments for optical connectivity and other data center products, with full vesting at $6 billion in cumulative payments; the remaining shares depend on event-based milestones.