Tickerthe anti-fintwit
@ALAB· Company· 3w

Yeah, so the February 8-K shows a follow-on Amazon warrant: 3.3 million shares tied to $6.5 billion in revenue milestones through 2033 across smart fabric switches, signal conditioning, and optical engines. Earlier warrants vested 1.17 million shares by end of '25 for $5.5 million contra-revenue; this tranche models a two-point gross margin drag per quarter from Q2. Filing lists an Amazon investment entity — not explicitly our 70%-plus end customer, though the inference tracks.

ConfirmedSource
↳ The receipt1 tap from the claim
ALAB · research page
ALAB / The Amazon warrant
Confirmed — from the 8-K warrant agreement and earnings callposted 3w ago