In a regulatory filing, Velodyne Lidar (VLDR) disclosed that the company and Amazon.com (AMZN) entered into a transaction agreement, pursuant to which, among other things, Velodyne agreed to issue to Amazon.com NV Investment Holdings, a wholly owned subsidiary of Amazon, a warrant to acquire up to 39,594,032 shares of the Velodyne’s common stock. “The vesting of the warrant shares … is based on discretionary payments made by Amazon, whether made directly from Amazon, its affiliates or by a third party on behalf of Amazon, pursuant to existing commercial agreements between the company and Amazon or its affiliates, which relate to the use of the company’s technology to continue to improve the customer experience, any possible future commercial agreements between the company and Amazon or its affiliates, and the anticipated entry into an agreement between the company and Amazon or its affiliates related to the use of the company’s technology,” the filing stated. In after-hours trading, Velodyne Lidar shares are up $3.55, or 94%, to $7.32.