SPAC - eVTOL Insights

Eve Holding confirms business combination between Zanite Acquisition Corp and Eve Urban Air Mobility

eVTOL Insights Editorial11 May 2022

Eve Holding, formerly known as Zanite, has announced a business combination with Eve UAM, a subsidiary of Embraer. Zanite has changed its name to Eve Holding and its securities voluntarily delisted from the Nasdaq, with its common stock to trade ...

Eve Air Mobility and Zanite Acquisition Corp announce filing of definitive proxy statement ahead of business merger

Jason Pritchard14 April 2022

Eve Air Mobility has confirmed Zanite Acquisition Corp has filed its definitive proxy statement which is related to the companies' proposed business combination which was announced last year. The filing of the Definitive Proxy Statement is a...

Embraer’s Eve to list on NYSE through business combination with Zanite Acquisition Corp, deal valued at $2.4 billion

Jason Pritchard21 December 2021

Eve Air Mobility has entered into a definitive business combination agreement with Zanite Acquisition Corp, which will see the new company listed on the New York Stock Exchange under the ticker symbols 'EVEX' and 'EVEXW'. The deal, which is expe...

Lilium closes business combination with Qell and begins trading on Nasdaq under the symbol LILM

Jason Pritchard17 September 2021

Lilium has completed its business combination with Qell Acquisition Corp, with ordinary shares and redeemable warrants now trading on Nasdaq under the symbols 'LILM' and LILMW' respectively. The transaction was approved by Qell’s shareholders on...

Q&A: AIRO Group announces intention to explore possible SPAC merger, discusses future plans for the market

Jason Pritchard24 March 2021

The AIRO Group (AIRO), the urban air mobility and drone ecosystem company, has engaged with Stephens Inc. to assist in exploring a SPAC merger. Its portfolio leverages technologies that include data systems, resupply package delivery, military ae...

Joby Aviation goes public and valued at $6.6 billion following SPAC merger with Reinvent Technology Partners

Jason Pritchard24 February 2021

Joby Aviation has become the latest eVTOL aircraft developer to go public, following a joint SPAC merger with Reinvent Technology Partners - the company co-established by LinkedIn co-founder Reid Hoffmann. The transaction - which is expected to ...

Archer goes public at a valuation of $3.8 billion; United Airlines places order for $1 billion worth of eVTOL aircraft

Jason Pritchard10 February 2021

eVTOL aircraft developer Archer has gone public in a SPAC merger deal with Atlas Crest Investment Corp, at a valuation of $3.8 billion. The deal, which sees Archer become the third eVTOL aircraft unicorn alongside Joby Aviation and Lilium, is ex...