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Message: Defense World- ELVA vs. Solid Power

I've said it before and I will say it again, Management needs to do a non-dilutive (as selling shareholders) 10% PIPE for Institutions. With ~60% of the stock currently in the hands of insiders, unless they continue to acquire, only institutional buyers can drive share gains. Let this year's positive outlook allow the open market mechanism to work for further institutional and retail stock purchases and jump start price momentum.

Sure they'd be taking some of their chips of the table early in the new story, but they would be setting themselves and shareholders up much better chance for stronger and longer term picture.

Getting Instutional ownership above 30%, would also add confidence to long term viablity and allow for a possible/if necessary smaller capital raise in H'2. 

The time to shop the PIPE is now, given the 2024 positive outlook.

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