- December 22, 2021
- Posted by: Stratford Team
- Category: Business
Eve UAM, an Embraer company, intends to list on the NYSE following a business combination agreement with Zanite Acquisition Corp. in 2022.
Embraer’s Eve Urban Air Mobility Solutions is set to produce its first fully-operational electric vertical take-off and landing (eVTOL) aircraft in partnership with private aviation entrepreneur Kenn Ricci, co-CEO of Zanite Acquisition Corp. Orders for Eve’s eVTOL total 1,735 aircraft to date, amounting to roughly $5 billion, and deliveries are scheduled to commence in 2026.
Eve has announced a new business combination agreement with Zanite. in which Eve will become a wholly-owned subsidiary of Zanite. In the second quarter of 2022, the renamed Eve Holding, Inc. will list on the New York Stock Exchange (NYSE) under “EVEX” and “EVEXW” when the transaction is complete.
On the same day its scheduled NYSE listing was announced, Eve also received two separate non-binding letters of intent (LOIs) from U.S.-based…
