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Vertical Aerospace finalises investment agreement for up to $50M in new funding
The Fly

Vertical Aerospace finalises investment agreement for up to $50M in new funding

Vertical Aerospace (EVTL) has entered into definitive documents and received shareholder approval for a transaction that includes up to $50 million in new committed funding. Jason Mudrick, Founder and Chief Investment Officer at Mudrick Capital Management, said: “Vertical is revolutionizing how the world moves, and we are proud to play a pivotal role in positioning the company for success. We look forward to continuing to partner with Vertical’s exceptional team and contributing capital market and other expertise in helping to bring their groundbreaking product offering to reality.”

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