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 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 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 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 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 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,
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 falls -39.1%
Vertical Aerospace (EVTL) is down -39.1%, or -$3.63 to $5.65.Invest with Confidence: Follow TipRanks' Top Wall Street Analysts to uncover their ...
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 ...
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.
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 ...
Flightglobal16d
Vertical VX4 advances to Phase 2B of flight-test plan
Vertical Aerospace has progressed to the next stage of flight testing its VX4 prototype, completing initial piloted low-speed thrustborne sorties.
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 ...