Blade (BLDE) Completes Business Combination Becoming the First Publicly Traded Urban Air Mobility Company (EXPC)
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Blade Completes Business Combination Becoming the First Publicly Traded Urban Air Mobility Company
May 7, 2021 4:05 PM EDTBlade Urban Air Mobility, Inc. today announced the completion of its business combination with Experience Investment Corp., a special purpose acquisition company sponsored by KSL Capital Partners The combined companys common stock will begin trading on the NASDAQ under the ticker symbol BLDE on May 10, 2021 Transaction proceeds of approximately $365 million, after giving effect to minimal redemptions, enables an acceleration of Blades acquisition and route expansion strategy Blade will be the first publicly traded urban air mobility... More
