FMR discloses 10.2% Electrovaya (ELVA) stake in Schedule 13G/A
Rhea-AI Filing Summary
Electrovaya Inc. received an amended Schedule 13G filing showing that institutional investor FMR LLC and Abigail P. Johnson beneficially own 4,859,998 shares of Electrovaya common stock, representing 10.2% of the class as of the January 30, 2026 event date.
FMR LLC reports sole voting and sole dispositive power over these 4,859,998 shares. Abigail P. Johnson reports sole dispositive power over the same 4,859,998 shares, with no voting power. The securities are certified as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of Electrovaya.
The filing notes that one or more other persons have rights to receive dividends or sale proceeds from Electrovaya common stock associated with this position, but no such person has an interest exceeding five percent of the outstanding common shares.
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Insights
FMR LLC reports a 10.2% Electrovaya stake held for ordinary-course investment.
FMR LLC and Abigail P. Johnson report beneficial ownership of 4,859,998 Electrovaya common shares, equal to 10.2% of the class. FMR holds sole voting and dispositive power, indicating centralized institutional control over how this block is voted and managed.
The certification states the position is held in the ordinary course of business and not to change or influence control, which frames this as a passive investment stake. That characterization aligns with a Schedule 13G filing rather than a control-oriented Schedule 13D.
Item 6 explains that other parties can receive dividends or sale proceeds from this Electrovaya position, but no single party exceeds five percent of the class. Future ownership updates in later beneficial ownership filings would show whether FMR’s percentage stake increases, decreases, or remains near the disclosed 10.2% level.
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