Vertical Aerospace raises $90m by issuing 15 million more shares
Vertical Aerospace has closed a deal under which it raised $90 million in proceeds, generating cash needed to help fund continued development of its VX4 electric air taxi.
Vertical Aerospace: Painful Capital Raise
Vertical Aerospace Ltd. faces financial challenges with limited capital and a delayed certification timeline, making it less competitive. Click for my EVTL update.
Vertical Aerospace shares tumble on public offering news
Vertical Aerospace (NYSE: EVTL) stock plummeted by 31% following the company's announcement of a proposed underwritten public offering. The aerospace firm, which specializes in electric aviation, revealed plans to offer $75 million of units,
Vertical Aerospace Prices $90 Mln Offering At $6/unit
Vertical Aerospace Ltd. (EVTL), an aerospace and technology company, Thursday announced that it has priced its underwritten public
Vertical Aerospace Shares Drop on Secondary Offering Plan
Shares of Vertical Aerospace fell after the company said that it plans to launch a stock offering to fund research and development expenses. The stock was down 29% to $6.62 in post-market trading on Wednesday. Shares have climbed 48% in the past 12 months.
Vertical Aerospace Announces Pricing of Upsized Underwritten Public Offering
Vertical Aerospace (Vertical) (NYSE: EVTL) ("Vertical" or the "Company"), a global aerospace and technology company that is pioneering electric aviation, today announced that it has priced its underwritten public offering of $90 million of units at a public offering price of $6.
Vertical Aerospace price target lowered to $13.50 from $16 at Canaccord
Canaccord lowered the firm’s price target on Vertical Aerospace (EVTL) to $13.50 from $16 and keeps a Buy rating on the shares. The frim noted
Vertical Aerospace stock target cut to $13.50 by Canaccord
Canaccord Genuity analysts revised their price target for Vertical Aerospace Ltd. (NYSE:EVTL) shares, lowering it to $13.50 from the previous $16.00, while continuing to recommend a Buy rating for the stock.
Vertical Aerospace Announces Closing of Upsized $90M Underwritten Public Offering
Vertical Aerospace (Vertical) (NYSE: EVTL) ("Vertical" or the "Company"), a global aerospace and technology company that is ...
Vertical Aerospace secures $90 million in upsized offering
LONDON - Vertical Aerospace (NYSE: EVTL), a leader in electric aviation technology, has successfully closed its underwritten ...
Flightglobal1d
Vertical seeks $90 million from latest funding round
Vertical Aerospace has launched a new $90 million funding round, partly tying when investors are able to redeem the warrants ...
Business Wire9d
Vertical Aerospace Appoints Aviation Industry Veteran, Dómhnal Slattery, as Chairman
Stuart Simpson, CEO at Vertical Aerospace, said: "Dómhnal’s remarkable track record of founding and scaling world-class ...
Aviation Week13d
Vertical Details VX4 Progress As Piloted Flight Test Enters New Phase
Vertical Details VX4 Progress As Piloted Flight Test Enters New Phase is published in Advanced Air Mobility Report, an ...