Vertical Aerospace (EVTL) was plunging 30% in extended trading late Wednesday after the vertical takeoff and landing aircraft manufacturer disclosed plans for a $75 million equity offering.
The equity units consist of one ordinary shares and one-half each of a tranche A and a tranche B warrant.
The shares and the warrants will be immediately separable and will be issued separately, the company said. The offering is subject to market conditions and size and closing time are yet to be decided.
Net proceeds will be used to fund research and development as Vertical works to build and test its VX4 piloted aircraft in addition to other general corporate purposes.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。