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$Eve Holding(EVEX.US$ Japan's Nidec Corp - Will Make Minority Equity Investment of $20M in Eve Air Mobility, a Manufacturer of Electric Vertical Take-off and Landing (Evtol) Aircraft and Launch Partner for Nidec Aerospace’s Propulsion System!
Eve Holding, Inc. has successfully entered into agreements with investors for a private placement, issuing 23.5 million new shares and exchanging existing warrants for new shares, while also providing new warrants to acquire additional shares. The company anticipates a substantial $94 million in gross proceeds from this initiative, with $30 million coming from a major investor, Embraer Aircraft Holding, Inc. These funds are earmarked for working capital and general corporate purposes. Additionally, the company has committed to registering these newly issued shares with the SEC to enable their resale, and has secured stockholder approval for the issuance of securities to Embraer Aircraft Holding, Inc. The deal is exclusive to the parties involved and has been crafted to adhere to securities regulations, excluding public offerings and general advertising.
Eve Holding, Inc. has successfully entered into agreements with investors for a private placement, issuing 23.5 million new shares and exchanging existing warrants for new shares, while also providing new warrants to acquire additional shares. The company anticipates a substantial $94 million in gross proceeds from this initiative, with $30 million coming from a major investor, Embraer Aircraft Holding, Inc. These funds are earmarked for working capital and general corporate purposes. Additionally, the company has committed to registering these newly issued shares with the SEC to enable their resale, and has secured stockholder approval for the issuance of securities to Embraer Aircraft Holding, Inc. The deal is exclusive to the parties involved and has been crafted to adhere to securities regulations, excluding public offerings and general advertising.
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夜雨声烦 : I guess this is good news isn't it
Trytosaveabit OP 夜雨声烦 : I think it is! Hehehe
103216711 : i wonder if issuing new shares means public offering? And it's kinda bad for the stocks, am I right?
Trytosaveabit OP 103216711 : Haven’t looked into it deep enough to know if new shares are registered or not?
Trytosaveabit OP 103216711 : Oh and no, it’s a private offering!
103216711 Trytosaveabit OP : Ty for the infos