Monday, July 1, 2024 Eve Air Mobility has secured $94 million in fresh equity financing from various investors. This funding, involving the issuance of new common stock and warrants, features participation from a range of global industrial leaders such as Embraer and Nidec, alongside additional financial investors. This influx of capital positions Eve strongly for future growth, bolstering its ongoing efforts in the development and production of eVTOL aircraft.
“We appreciate the confidence that these investors are placing in Eve. The new equity, along with existing cash and credit lines, ensures Eve is well positioned as we continue to build momentum and advance in the development and manufacturing of our eVTOL,” said Eduardo Couto , chief financial officer at Eve Air Mobility. “With the industry’s largest pre-order book with letters of intent for 2,900 aircraft and strong program development partners, Eve has continued to demonstrate the opportunity that our company presents for both strategic and financial investors.
” On June 28, 2024, Eve Air Mobility finalized agreements for a private placement involving the issuance and sale of 23,500,000 new shares of its common stock at $4.00 per share. The arrangement also includes the exchange of specific warrants for common stock shares and the issuance of new warrants to selected investors.
This private placement is anticipated to generate gross proceeds of approximately $94 million for Eve, excluding associated offering.
