Vertical Aerospace (EVTL) Closes $90M Share Offering

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Vertical Aerospace Announces Closing of Upsized $90M Underwritten Public Offering

January 24, 2025 11:53 AM EST

LONDON--(BUSINESS WIRE)-- Vertical Aerospace (Vertical) (NYSE: EVTL) ("Vertical or the Company), a global aerospace and technology company that is pioneering electric aviation, today announces the closing of its previously announced underwritten public offering (the Offering) for total gross proceeds of $90 million, before deducting underwriting discounts and commissions and other offering expenses.

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