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3M (MMM.US) issued 3.16 million warrants to Amazon, expanding cooperation on data center products.

3M (MMM.US) issued 3.16 million warrants to Amazon, expanding cooperation on data center products.

智通财经智通财经2026/10/20 00:11
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Zhihu Finance APP reported that 3M (MMM.US) has disclosed an expanded strategic commercial agreement with Amazon (AMZN.US), making itself a supplier of Amazon’s optical interconnect and other data center products. According to an 8-K filing, 3M stated that it has issued warrants allowing Amazon to purchase up to 3,162,015 common shares at a price of $164.89 per share within seven years, as part of the deal. After the news was announced, 3M’s share price rose by 5.6% as of press time.
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