SC 13G/A: Archer Aviation Inc.
Ticker: ACHR-WT · Form: SC 13G/A · Filed: Oct 15, 2024 · CIK: 1824502
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by Archer Aviation Inc..
Risk Assessment
Risk Level: low
Filing Stats: 1,115 words · 4 min read · ~4 pages · Grade level 7.8 · Accepted 2024-10-15 16:15:12
Key Financial Figures
- $0.0001 — ssuer) Class A Common Stock, par value $0.0001 (Title of Class of Securities) 03945
Filing Documents
- tm2426144d1_sc13ga.htm (SC 13G/A) — 44KB
- 0001104659-24-108589.txt ( ) — 45KB
(a)
Item 1(a) Name of Issuer. Archer Aviation Inc. (the “ Issuer ”)
(b)
Item 1(b) Address of Issuer’s Principal Executive Offices. 190 West Tasman Drive, San Jose, CA 95134
(a)
Item 2(a) Name of Person Filing. Marc E. Lore (the “ Reporting Person ”)
(b)
Item 2(b) Address of Principal Business Office or, if none, Residence. The address of the principal business office of the Reporting Person is: 443 Greenwich Street, PHA New York, NY 10013
(c)
Item 2(c) Citizenship. United States of America
(d)
Item 2(d) Title of Class of Securities. Class A Common Stock
(e)
Item 2(e) CUSIP Number. 03945R102 Item 3 If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J); (k) Group, in accordance with §240.13d–1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J), please specify the type of institution:________________________________. Page 4 of 6
Ownership
Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1. (a) Amount Beneficially Owned: As of September 30, 2024, the Reporting Person directly held 27,688,646 shares of the Issuer’s Class A Common Stock. (b) Percent of Class: As of September 30, 2024, the Reporting Person was deemed to be the beneficial owner of 8.7% of the Issuer’s outstanding Class A Common Stock. This percentage was calculated in accordance with Rule 13(d)-3(d)(1)(i), promulgated under the Securities Exchange Act of 1934, as amended, and based on an aggregate total of 319,442,565 shares of the Issuer’s Class A Common Stock outstanding as of August 2, 2024, as reported by the Issuer in its Quarterly Report for the period ended June 30, 2024, filed on Form 10-Q with the Securities and Exchange Commission on August 9, 2024. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 27,688,646 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 27,688,646 (iv) Shared power to dispose or to direct the disposition of: 0
Ownership of 5 Percent or Less of a Class
Item 5. Ownership of 5 Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following .
Ownership of More than 5 Percent on Behalf of Another Person
Item 6. Ownership of More than 5 Percent on Behalf of Another Person. Item 6 is not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. Item 7 is not applicable. Page 5 of 6
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group. Item 8 is not applicable.
Notice of Dissolution of a Group
Item 9. Notice of Dissolution of a Group. Item 9 is not applicable.
Certification
Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.141-11. Page 6 of 6 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: October 15, 2024 /s/ Marc E. Lore Marc E. Lore