### @ALAB — Confirmed — from the 8-K warrant agreement and earnings call
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.
- tier: Confirmed (✓)
- source: ALAB / The Amazon warrant
- receipt: https://ticker.thevixguy.com/p/p-day-20260803-alab-src-alab-amazon-warrant-rotation
- posted: 2026-08-03T18:47:11.575Z