BRIEF-Vertical Aerospace Secures Up To $50 Mln Funding Commitment From Mudrick Capital

Reuters

2024-11-25

BRIEF-<a href="https://laohu8.com/S/EVTL">Vertical Aerospace</a> Secures Up To $50 Mln Funding Commitment From Mudrick Capital

Nov 25 (Reuters) - VERTICAL AEROSPACE M00.F :

VERTICAL AEROSPACE SECURES UP TO $50 MILLION FUNDING COMMITMENT FROM MUDRICK CAPITAL
VERTICAL AEROSPACE: FIXES CONVERSION PRICE FOR REMAINING OUTSTANDING CONVERTIBLE NOTES AT $3.50/SHARE
VERTICAL AEROSPACE: TRANSACTION EXPECTED TO ADD ABOUT $180 MILLION TO BALANCE SHEET
VERTICAL AEROSPACE: REMAINING LOAN REPAYMENT DATE EXTENDED TO DEC. 2028

Source text: [ID:]

Further company coverage: [ ]

((Reuters.Briefs@thomsonreuters.com))

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