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Vertical Aerospace sells preferred shares at USD 960 each in new equity investment deal

PUBT·08/13/2026 11:04:25
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Vertical Aerospace sells preferred shares at USD 960 each in new equity investment deal
  • Vertical Aerospace agreed to sell preferred shares to an accredited investor in a multi-close financing under an amended securities purchase agreement.
  • Purchase price set at USD 960 per preferred share.
  • Structure includes preferred shares, ordinary-share conversion shares, and dividend shares, with issuance tied to initial and additional closings.
  • Company to reserve enough ordinary shares to cover full conversion at the floor price, including up to 18 months of dividend-share conversions.
  • Equity capitalization disclosed at signing: 171,723,641 ordinary shares outstanding and 27,000 preferred shares outstanding.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vertical Aerospace Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-095429), on August 13, 2026, and is solely responsible for the information contained therein.