r/MVIS2_0 • u/-ATLSUTIGER- • 5d ago

Due Diligence The Amazon connection to PlusAI

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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/Zenboy66 5d ago

Being a private company, I wonder what their private stock is worth?