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 pioneering electric aviation, today announces the closing of its previously announced underwritten public offering (the "Offering") for total gross proceeds of $90 million,
Vertical Aerospace secures $90 million in upsized offering
LONDON - Vertical Aerospace (NYSE: EVTL), a leader in electric aviation technology, has successfully closed its underwritten public offering, raising $90 million in gross proceeds. The company, currently valued at $406 million by market capitalization,
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 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 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 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: Painful Capital Raise
Vertical Aerospace Ltd. faces financial challenges with limited capital and a delayed certification timeline, making it less ...
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 ...
Vertical Aerospace Announces Launch of Proposed Underwritten Public Offering
Vertical Aerospace (Vertical) (NYSE: EVTL) ("Vertical” or the “Company”), a global aerospace and technology company that is ...
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 ...
Interesting Engineering on MSN11d
150 mph: UK’ firm’s electric aircraft achieves historic thrust-borne flight milestone
Vertical Aerospace’s VX4 aircraft achieves its first piloted thrust-borne flight maneuvers in 2025, setting new benchmarks.
These Stocks Are Moving the Most Today: Electronic Arts, Nvidia, Arm, GE Aerospace, American Airlines, and More
Stock futures were mostly lower Thursday after the S&P 500 closed just shy of a record high and as excitement around ...