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 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 15M share Spot Secondary priced at $6.00
The deal size was increased to $90M from $75M and priced below last closing price of $9.28. William Blair and Canaccord are acting as joint
Flightglobal1d
Vertical seeks $75 million from latest funding round
Vertical Aerospace has launched a new $75 million funding round, partly tying when investors are able to redeem the warrants ...
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 ...
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 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 ...
Stocks to Watch: Electronic Arts, AST SpaceMobile, Vertical Aerospace
AST SpaceMobile plans to offer convertible senior notes. The space-based broadband company has set up a $400 million private offering to institutional buyers, which would include an option to purchase ...