Eve Air Mobility secures $94 million new equity

Eve Air Mobility has raised $94 million in new privately placed equity financing. The funding, which includes the issuance of new shares of common stock and warrants, includes participation from a diverse group of global industrial companies that include Embraer, Nidec and additional financial investors. Eve Air said that the new funding “strongly positions the company for future success, and will support the continued development and manufacturing of the company’s eVTOL”. Eve Air Mobility issued and sold 23,500,000 new shares of the company’s common stock at a purchase price of $4.00 per share, and agreed to the exchange of certain