Lilium Announces Launch of Offering of Class A Shares
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Lilium (LILM) announces upsized $192M financing
July 14, 2023 10:27 AM EDTGerman aerospace company, Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing jet, announced Friday a $192 million financing.
The financing includes an upsized underwritten public offering of $75 million, which involves the pricing of 57,692,308 Class A ordinary shares of the company. Secondly, there is a... More
Lilium N.V (LILM) Prices Upsized $192 Million Financing
July 14, 2023 7:01 AM EDTLilium N.V. (Nasdaq: LILM) (Lilium or the Company), developer of the first all-electric vertical take-off and landing jet, announced a $192 million financing, including the pricing of an upsized $75 million underwritten public offering of 57,692,308 of the Company's Class A ordinary shares (the Shares), as well as a concurrent $42 million private placement of 32,146,147 Shares and warrants to purchase 8,036,528 Shares led by Earlybird Venture Capital and including BIT Capital, UVC Partners, and Frank Thelen, as well as multiple Lilium board members and senior executives (the PIPE). Additionally, pursuant to the purchase agreement dated May 1, 2023, between the Company and Aceville... More
