Eve Air Mobility announced a $230 million equity capital raise through a registered direct offering.
The company will issue 47,422,680 shares of common stock at $4.85 per share.
BNDESPAR, Embraer, and other institutional investors are among the subscribers for the offering.
Dual Listing
Eve will have a dual listing in the United States and Brazil, broadening its investor base.
Gross Proceeds Allocation
Proceeds from the Brazilian Depositary Receipts (BDRs) will fund services in Brazil, while net proceeds will support corporate purposes.
Key Partnerships
BNDES and Embraer's involvement in the equity raise signifies strong industry support for Eve's urban mobility vision.
- The capital raise marks a significant milestone for Eve, supporting its vision for transforming urban mobility.
- Eve's entrance into the UAM market with an eVTOL aircraft aims to revolutionize urban transportation.
The success of the equity capital raise and dual listing positions Eve Air Mobility for strategic growth in the urban air mobility industry, solidifying its commitment to innovation and development.