other material
confidence high
sentiment positive
materiality 0.65
TD SYNNEX issues warrant to Amazon for 3.2M shares; vesting tied to commercial payments
TD SYNNEX CORP
- Warrant to acquire up to 3,238,066 shares of common stock issued to Amazon.com NV Investment Holdings LLC.
- 215,871 shares vest immediately at $0.01 per share; 3,022,195 vest at $191.10 per share based on payment thresholds.
- Warrant expires May 30, 2033; includes anti-dilution adjustments and 4.999% beneficial ownership limitation.
- Part of multi-year collaboration with Amazon; unvested shares fully vest upon a change of control.
- Issuance exempt from registration under Section 4(a)(2) of the Securities Act.