EVTV Stock Catalyst: Envirotech Vehicles Board Approves Amended LOI with AZIO AI at $3.00 Per Share

Jan 5, 2026 · 4:45pm ET

Subject to independent third-party valuation.

Max move

+109.7%

High of day $0.80

Sparker timei

4:45pm ET

EVTV · Jan 5, 2026

CATALYST DATE · 1-MINUTE BARS

Catalyst Summary

Envirotech Vehicles, Inc. (EVTV) and AZIO AI Corporation announced on January 06, 2026, that EVTV's Board of Directors has approved an amended and restated Letter of Intent (LOI) for a transaction at $3.00 per share, contingent upon an independent third-party valuation.

The proposed transaction values the deal at $480 million. The LOI is subject to further due diligence and definitive agreements.

This summary was generated by AI from public sources and may contain errors. Not financial advice. Trade at your own risk.

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