$AMZN is again using warrants to secure power supply
Generac signs a long-term contract to provide backup power for data centers
First deliveries are expected to be around $2.4 billion
Scheduled for 2027–2028
The warrants could cover up to about 1.69 million shares
Exercise price is around 200.93
Close to 3% of float
Immediate vesting for about 308,000 shares
The rest follows the pace of procurement
Procurement cap reported at $8.0 billion
After-hours, GNRC briefly surged more than 40%
AI power consumption isn’t a joke
The backup power business has been written directly as an options structure
#USstocks #AMZN #Generac
Generac signs a long-term contract to provide backup power for data centers
First deliveries are expected to be around $2.4 billion
Scheduled for 2027–2028
The warrants could cover up to about 1.69 million shares
Exercise price is around 200.93
Close to 3% of float
Immediate vesting for about 308,000 shares
The rest follows the pace of procurement
Procurement cap reported at $8.0 billion
After-hours, GNRC briefly surged more than 40%
AI power consumption isn’t a joke
The backup power business has been written directly as an options structure
#USstocks #AMZN #Generac
