Summary by Moomoo AI
Lilium N.V., a Dutch company with its principal executive offices in Germany, has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) on July 29, 2024, for the issuance of up to 69,880,694 Class A Shares upon the exercise of Warrants. Additionally, the company is registering the potential resale by selling securityholders of up to 94,710,972 Class A Shares, which includes shares issued in connection with the Private Investment in Public Equity (PIPE), shares issuable upon exercise of the Offered PIPE Warrants, Pre-Funded Warrant, Accompanying Warrant, and shares issued pursuant to the Share Issuance Agreement. The registration allows for sales on exchanges or privately negotiated transactions, with the method of sale to be determined by the selling securityholders. Lilium will not receive proceeds from the sale of shares by the selling securityholders but will receive funds upon the exercise of Warrants for cash. The company has agreed to indemnify the selling securityholders against certain liabilities, including those under the Securities Act.