Well I think each part of the company will receive shares allocated on it's calculated worth.  That is what Steven Berkenfeld will try and figure out.  The CEO & Family own a lot of shares.  I think they would continue to want to own shares in each company.  I have seen this before and both resulting companies stock price shot up after the split.  It will probably take 6 months to all shake out.

The company I picked out to merge with the production side of Electrovaya uses the same battery cell as Electrovaya acquired from Taiwan just like Electrovaya.  This company has ordered cell procustion equipment from a company in Taiwan.  They have announced the intention to build a greenfield production plant in Canada and are expecting government funding.  I was wondering about that since Electrovaya owns the pattent.  Now I see the light.

This means that by the end of 2022 Electrovaya will have their hand in TWO cell manufacturing plants.  One in Canada and one in the US.  Somewhere along the way is the NASDAQ listing that Electrovaya has been talking about.  I hope this Steven Berkenfeld is good as they are going to need good advice on how to get all of this accomplished.

This is all Just My Humble Opinion!!!