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)...
Graham Warwick

Graham leads Aviation Week's coverage of technology, focusing on engineering and technology across the aerospace industry, with a special focus on identifying technologies of strategic importance to aviation, aerospace and defense.

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