Eve Air Mobility Announces Capital Raise and Dual Listing

Source: Eve Air Mobility

Embraer subsidiary Eve Air Mobility has announced a $230.0 million equity capital raise via a new Registered Direct Offering amidst corporate efforts to diversify and expand the company’s investor base as it steadily advances its AAM platforms towards commercialization. Building on the Registered Direct Offering filed with the U.S. Securities and Exchange Commission in June, Eve Air is now pursuing a dual listing approach by partnering with institutions under the Brazilian Development Bank (BNDES) to advance its offering under the auspices of the Sao Paulo Stock Exchange.

Thomas Dolzall, Senior Aerospace & Defense Analyst
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