Vertical Aerospace Reports on Investment Agreement

TL;DR

Vertical Aerospace confirms investment deal with founder's IAIL, previously announced Feb 22.

AI Summary

On February 22, 2024, Vertical Aerospace Ltd. entered into an investment agreement with Imagination Aero Investments Limited (IAIL), a company wholly owned by founder Mr. Fitzpatrick. This agreement was previously announced and is being reported on in this Form 6-K filing.

Why It Matters

This filing provides an update on a significant investment agreement involving the company's founder, which could impact future funding and strategic direction.

Risk Assessment

Risk Level: low — The filing is an informational update on a previously announced agreement and does not introduce new material risks.

Key Players & Entities

• Vertical Aerospace Ltd. (company) — Registrant
• Imagination Aero Investments Limited (company) — Investor
• Mr. Fitzpatrick (person) — Company Founder and Majority Shareholder
• February 22, 2024 (date) — Date of Investment Agreement

FAQ

Key Financial Figures

• $50 million — Investor is committed to provide up to $50 million of funding to the Company in the form o
• $25 million — greement upon receipt by the Company of $25 million in British Pound Sterling based on the
• $84 million — alling approximately £67 million ($84 million) based on unaudited management accounts

Filing Documents

• tm2420361d2_6k.htm (6-K) — 16KB
• 0001104659-24-089915.txt ( ) — 17KB

Forward-Looking Statements

Forward-Looking Statements This Report of Foreign Private Issuer on Form 6-K (the “Form 6-K”) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any express or implied statements contained in this Form 6-K that are not resolution in respect of the Further Investment, as well as statements that include the words “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “anticipate,” “will,” “aim,” “potential,” “continue,” “is/are likely to” and similar statements of a future or forward-looking nature . These forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including, without limitation, the important factors discussed under the caption “Risk Factors” in the Company's Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) on March 14, 2024, as such factors may be updated from time to time in the Company’s other filings with the SEC. Any forward-looking statements contained in this Form 6-K speak only as of the date hereof and accordingly undue reliance should not be placed on such statements. The Company disclaims any obligation or undertaking to update or revise any forward-looking statements contained in this Form 6-K, whether as a result of new information, future events or otherwise, other than to the extent required by applicable law. INCORPORATION BY REFERENCE The

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Vertical Aerospace Ltd. Date: August 15, 2024 By: /s/ Stuart Simpson Stuart Simpson Chief Executive Officer

View Full Filing

View this 6-K filing on SEC EDGAR