Agoracom: Small Cap Investment - Electrovaya - This appears to explain the price action yesterday

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This appears to explain the price action yesterday

posted on Sep 30, 2020 07:44AM

http://electrovaya.com/wp-content/uploads/2020/09/PR09292020.pdf

Toronto, Ontario – September 29, 2020 – Electrovaya Inc. (“Electrovaya”) (TSX:EFL) (OTCQB:EFLVF) completed the repayment of its $15 million unsecured 9% convertible debentures by the payment of the remaining $2 million due September 29, 2020 to the debenture holder, an institutional investor. The terms of the debentures were previously amended as disclosed in a news release dated April 8, 2020 and have now been fully repaid.