Vertical Aerospace launches $60 million public stock offering

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Vertical Aerospace Announces Launch of Proposed Underwritten Public Offering

July 8, 2025 4:34 PM EDT

LONDON--(BUSINESS WIRE)-- Vertical Aerospace (Vertical) (NYSE: EVTL) ("Vertical or the Company), a global aerospace and technology company that is pioneering electric aviation, today announced that it has commenced an underwritten public offering of $60 million of the Companys ordinary shares (the "Offering). In connection with the Offering, the Company has granted the underwriters a 30-day option to purchase up to an additional $9 million of ordinary shares. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed,... More