ELECTROVAYA INC

Ticker: ELVA CUSIP: 28617B606 Class: COM NEW

Polar Asset Management Partners Inc.'s Holding History (CIK: 0001326389)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 1,174,800 Value ($000) $9,281 Avg Close $6.04 Range $4.10 - $7.99

Q3 2025

Shares 478,480 Value ($000) $2,818 Avg Close $5.07 Range $3.11 - $7.49

Q2 2025

Shares 1,677,309 Value ($000) $5,720 Avg Close $2.94 Range $2.25 - $3.71

Q1 2025

Shares 1,941,398 Value ($000) $4,485 Avg Close $2.47 Range $1.80 - $2.92

Q4 2024

Shares 2,166,281 Value ($000) $5,372 Avg Close $2.34 Range $1.73 - $2.91

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,174,800	$9,281	$6.04	$4.10 - $7.99
Q3 2025	478,480	$2,818	$5.07	$3.11 - $7.49
Q2 2025	1,677,309	$5,720	$2.94	$2.25 - $3.71
Q1 2025	1,941,398	$4,485	$2.47	$1.80 - $2.92
Q4 2024	2,166,281	$5,372	$2.34	$1.73 - $2.91