Schedule 13G/A: Lytton Holds Sole Voting Power Over 1.9M ELVA Shares

Rhea-AI Filing Summary

Electrovaya Inc. reporting person Laurence W. Lytton discloses beneficial ownership of 1,898,922 common shares, representing 4.7% of the outstanding common stock. The filing states Mr. Lytton has sole voting power and sole dispositive power over all disclosed shares, with no shared voting or dispositive arrangements noted.

The percentage is calculated on a base of 40,106,915 common shares outstanding as of March 31, 2025, per the issuer's reported figure. The filing includes a certification that the securities were not acquired or are not held for the purpose of changing or influencing control of the issuer.

Positive

• Filing provides transparent disclosure of 1,898,922 shares (4.7%) and confirms sole voting and dispositive power, clarifying the holder's authority over the position.

Negative

• None.

Insights

Securities Analyst

TL;DR: 4.7% stake disclosed; sole voting and dispositive power; certification denies control intent.

The Schedule 13G/A reports a beneficial position of 1,898,922 shares (4.7%) held with sole voting and dispositive authority. Because the stake is under 5% of the class, the filing is a disclosure of a sizeable minority stake rather than a controlling position. The included certification explicitly states the shares were not acquired to change or influence control, which aligns the filing with a non-control disclosure framework.

Corporate Governance Expert

TL;DR: Sole control over voting/disposition documented; filer affirms no intent to influence corporate control.

The document confirms the reporting person exercises sole voting and dispositive power over the entire reported position, giving clear authority over how those shares are voted. The certification that the securities are not held to change or influence control is material for governance assessment because it signals the holder is not declaring an activist or control intent within this disclosure.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Electrovaya Inc.

(Name of Issuer)

Common Shares

(Title of Class of Securities)

28617B606

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 28617B606

1

Names of Reporting Persons

Lytton, Laurence W.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,898,922.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,898,922.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,898,922.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.7 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Percentage calculated based on 40,106,915 Common Shares outstanding on March 31, 2025, as reported in the Form 6-K filed by the Issuer on May 15, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Electrovaya Inc.
(b)	Address of issuer's principal executive offices: 6688 Kitimat Road, Mississauga, Ontario, Canada L5N 1P8
Item 2.
(a)	Name of person filing: Laurence W. Lytton
(b)	Address or principal business office or, if none, residence: 467 Central Park West New York, NY 10025
(c)	Citizenship: United States
(d)	Title of class of securities: Common Shares
(e)	CUSIP No.: 28617B606
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,898,922
(b)	Percent of class: 4.7%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1,898,922
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 1,898,922
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Lytton, Laurence W.

Signature:	/s/ Laurence W. Lytton
Name/Title:	Reporting person
Date:	08/13/2025

FAQ

How many Electrovaya (ELVA) shares does Laurence W. Lytton report owning?

The filing reports beneficial ownership of 1,898,922 common shares.

What percentage of ELVA's outstanding common shares does this represent?

The reported position represents 4.7% of the common shares outstanding.

On what share count is the 4.7% based?

The percentage is calculated on 40,106,915 common shares outstanding as of March 31, 2025, per the issuer's reported figure.

Does Laurence W. Lytton have voting control over the reported shares?

Yes. The filing discloses sole voting power and sole dispositive power over the 1,898,922 shares, with no shared powers reported.

Was the position acquired to change or influence control of Electrovaya (ELVA)?

The filing includes a certification that the securities were not acquired and are not held to change or influence control of the issuer.

Is this disclosure an ownership of 5% or more of the class?

No. The filing indicates ownership of 5 percent or less of a class (reported at 4.7%).