Eve Announces $230 Million Equity Capital Raise and Dual Listing in the United States and Brazil

Eve Air Movement has actually safeguarded $ 230 million in brand-new equity financing and is currently detailed on both the NYSE (EVEX) and B3 (EVEB31). This newest financial investment brings the overall quantity of funding Eve has actually increased considering that 2022 to $1 billion.

The listing consists of the registration of Brazilian Depositary Invoices (BDRs) by BNDES, each of which stands for one share of ordinary shares at R$ 26.21 per BDR[1], for overall gross earnings of $230 million, prior to subtracting positioning representative payments and approximated offering costs (the Registered Direct Offering), which is anticipated to shut on August 15, 2025[2]

Eve will certainly make use of the gross earnings from BDRs to spend for solutions executed in Brazil, and means to make use of the continuing to be internet earnings from the Registered Direct Offering for basic business objectives, consisting of funding procedures, feasible company purchases or tactical financial investments, and payment of impressive debt.

Johann Bordais, Eve’s chief executive officer, stated: “This equity raising notes a substantial turning point in our trip. It sustains our vision and gas our goal to change metropolitan flexibility. We’re pleased to have BNDES onboard and we deeply worth Embraer’s ongoing dedication to Eve and our program.”

” Eve’s twin listing in the USA and Brazil is lined up with our continual initiative to expand our financier base, bringing brand-new shareholders from various places,” included Eduardo Couto, Principal Financial Police Officer at Eve.

Cantor Fitzgerald & Co., Raymond James & Associates, Inc. and Banco Bradesco BBI S.A. are working as positioning representatives about the offering of ordinary shares in the Registered Direct Offering. Banco Bradesco BBI S.A. is working as monetary expert to Eve.

[1] Comparable worth based upon the PTAX price on August 12, 2025

[2] Based on the fulfillment of popular closing problems, with the exception of the issuance of ordinary shares to Embraer which will certainly happen at the very least 20 company days complying with the distribution to Eve’s shareholders of a details declaration abiding by Policy 14C under the Stocks Exchange Act of 1934, as changed.

The message Eve Announces $230 Million Equity Capital Raise and Dual Listing in the United States and Brazil showed up initially on eVTOL Insights.

The message Eve Announces $230 Million Equity Capital Raise and Dual Listing in the United States and Brazil showed up initially on eVTOL Insights.