Stellantis N.V. Amends Archer Aviation Stake Filing

TL;DR

Stellantis filed an update on its Archer Aviation holdings. No major changes detailed here.

AI Summary

Stellantis N.V. filed an amendment (No. 6) to its Schedule 13D on March 8, 2024, regarding its beneficial ownership of Archer Aviation Inc. The filing indicates a change in the reporting person's holdings, though specific new dollar amounts or percentage changes are not detailed in this excerpt. Stellantis N.V. was formerly known as Fiat Chrysler Automobiles N.V. and Fiat Investments N.V.

Why It Matters

This filing updates the market on Stellantis's evolving stake in Archer Aviation, a key player in the electric vertical takeoff and landing (eVTOL) aircraft sector, potentially signaling strategic shifts.

Risk Assessment

Risk Level: medium — The filing involves a significant automotive manufacturer's stake in an emerging aerospace technology company, carrying inherent risks associated with both industries and the specific venture.

Key Players & Entities

• Stellantis N.V. (company) — Reporting Person
• Archer Aviation Inc. (company) — Subject Company
• Fiat Chrysler Automobiles N.V. (company) — Former Name of Stellantis N.V.
• Fiat Investments N.V. (company) — Former Name of Stellantis N.V.

FAQ

Key Financial Figures

• $0.0001 — Name of Issuer) Class A Common Stock, $0.0001 par value per share (Title of Class of
• $4.51 — Per Share 342024 Purchase 930,000 $4.51 352024 Purchase 900,000 $4.22 36
• $4.22 — 000 $4.51 352024 Purchase 900,000 $4.22 362024 Purchase 1,073,583 $4.32
• $4.32 — 0 $4.22 362024 Purchase 1,073,583 $4.32 372024 Purchase 700,000 $4.28 (d
• $4.28 — 583 $4.32 372024 Purchase 700,000 $4.28 (d) Pursuant to the Forward Purchase

Filing Documents

• sc-13da03082024_stla.htm (SC 13D/A) — 127KB
• 0001605484-24-000035.txt ( ) — 129KB

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer (a) and (b) See Items 7-13 of the cover pages and Item 3 above. The percentage calculations herein are based upon the statement in the Issuer's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as filed with the SEC on February 29, 2024, that there were 272,319,871 shares of Class A Common Stock of the Issuer outstanding as of February 23, 2024, and also take into account (i) the 1,671,202 shares of Class A Common Stock issuable upon exercise of the FCA US Warrant, (ii) the 1,077,024 shares of Class A Common Stock issuable upon exercise of the FCA Italy Warrant and (iii) the 5,000,000 shares of Class A Common Stock issuable upon exercise of Tranche 1 of the Stellantis Warrant. (c) The following table lists transactions in the Class A Common Stock that were effectuated during the sixty day period prior to the filing of this Amendment No. 6. All transactions were effectuated in the open market through a broker. Trade Date PurchaseSale No. of Shares Price Per Share 342024 Purchase 930,000 $4.51 352024 Purchase 900,000 $4.22 362024 Purchase 1,073,583 $4.32 372024 Purchase 700,000 $4.28 (d) Pursuant to the Forward Purchase Agreement, so long as Stellantis or its affiliates beneficially own Class A Common Stock equal to at least 12.5% of the Issuer's outstanding Class A Common Stock, it will have the right to nominate one individual for election to the Board as a Class II director at the Issuer's annual meeting of stockholders to occur in 2026 through the date of the Issuer's annual meeting of stockholders in 2029. Thus, so long as Stellantis' designated director remains on the Issuer's board, such director will participate in any board decisions regarding the receipt of dividends from, or the proceeds from the sale of, the Issuer's Common Stock. (e) Not applicable. CUSIP No. 03945R 102 SCHEDULE 13DA Page 9 of 9 Pages SIGNATURE After reasonable inquiry and to the

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