Zanite SPAC Bolsters Eve Merger Deal As Vote Nears

Additional Embraer investment will enable Eve’s going-public merger to meet its fundraising threshold.
Credit: Eve
Zanite Acquisition has beefed up the committed funding that is backing its planned going-public merger with Eve, Embraer’s urban air mobility (UAM) spinoff, as it heads into a May 6 shareholder vote on the deal. Embraer has added $10 million to its PIPE (private investment in public entity)...

Subscription Required


Zanite SPAC Bolsters Eve Merger Deal As Vote Nears is published in Advanced Air Mobility Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN Premium membership.

Already a member of AWIN or subscribe to Advanced Air Mobility through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.