By Abhijith Ganapavaram (Reuters) -UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to ...

UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding ...

Stuart Simpson, chief executive of Vertical Aerospace, says the firm is now well-placed to raise further investment following ...

Flying taxi startup Vertical Aerospace Ltd. said it had secured as much as $50 million in new funding from Mudrick Capital ...

The rescue deal comes at a crucial moment for Vertical, which has been burning through cash to bring its VX4 aircraft to ...

Vertical Aerospace, a global aerospace and technology company, signed a term sheet among the company, its majority ...

Vertical Aerospace has unveiled a new provisional funding agreement involving a $130 million debt-to-equity swap and the ...

Vertical Aerospace Ltd. (NYSE:EVTL) shares are trading higher premarket on Monday. The company disclosed a signed term sheet ...

Vertical Aerospace’s (EVTL) agreement with Mudrick removes Vertical’s convert overhang, improves governance, and paves the way for up to $50M ...

The finance deal involves a new provisional funding agreement with a $130m (£102m) debt-to-equity swap with primary creditor ...

Vertical Aerospace, based in Bristol, is testing a so-called electric flying taxi which can carry four passengers up to 100 ...

(Reuters) -UK-based Vertical Aerospace and Mudrick Capital have signed a non-binding term sheet under which the investor will convert half of its outstanding convertible debt to equity and extend ...