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-0.00912646675358543 -0.0104302477183833 0.152542372881356 0.0325814863102999 0.043024771838331 0.121251629726206 0.0286831812255541 0.00130378096479789
Stock impact report

Vertical Aerospace Finalises Investment Agreement

Vertical Aerospace Ltd. (EVTL) 
Company Research Source: Business Wire
Mudrick Capital Management enters into investment agreement to commit up to $50 million of new funding and converts $130 million debt into equity at fixed conversion priceShareholder support paves way for funding round expected to close in Q1 2025 LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering electric aviation, has entered into definitive documents and received shareholder approval for a transaction that includes up to $50 million in new committed funding.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241223436920/en/Vertical Aerospace's VX4 prototype, which is currently under going piloted flight tests at its Flight Test Centre. (Photo: Business Wire)Today’s announcement marks the significant advancement of the agreement in principle, announced in November, aimed at strengthening Vertical’s balan Show less Read more
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