Vertical, Mudrick Capital

Air Taxi Maker Vertical Secures Bailout From Mudrick Capital
Flying taxi startup Vertical Aerospace Ltd. said it had secured as much as $50 million in new funding from Mudrick Capital Management, giving it financial breathing room to test and certify its first model.
Air taxi firm Vertical says Mudrick to convert some notes to equity, extend repayment deadline
By Abhijith Ganapavaram (Reuters) -UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert half of its outstanding convertible debt to equity and extend the repayment date on the remainder to December 2028,
Vertical Aerospace provisionally secures new funding with debt conversion and capital injection
Vertical Aerospace has unveiled a new provisional funding agreement involving a $130 debt-to-equity swap and the provision of up to $50 million from primary creditor Mudrick Capital. Mudrick Capital is committing $25 million up-front with a potential $25 million backstop,
Vertical Aerospace Soars: $50 Million Funding Boost And Debt Conversion Propel eVTOL Maker Forward
Vertical Aerospace Ltd. (NYSE:EVTL) shares are trading higher premarket on Monday. The company disclosed a signed term sheet with its majority shareholder, Stephen Fitzpatrick, and primary creditor, Mudrick Capital Management.
Air-taxi maker Vertical signs tentative funding deal with investor, extends cash runway
UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding convertible debt notes to equity and extend the repayment date on the rest to December 2028,
Vertical Aerospace Set For $50 Million in Funding and Debt Relief
Pressure on Vertical's balance sheet will be eased by a new funding round as it strives to complete type certification of its VX4 eVTOL aircraft in 2028.
Vertical Aerospace announces $50M in new funding
Vertical Aerospace (EVTL) announced the signing of a term sheet among the company, its majority shareholder Stephen Fitzpatrick, and its
Lilium's fall throws spotlight on air-taxi cash crunch
The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when ...
Yahoo Finance28d
Mudrick Capital Management's Strategic Acquisition of Vertical Aerospace Shares
The acquisition by Mudrick Capital Management significantly bolsters its stake in the aerospace and defense sector, particularly in innovative technologies like eVTOL. Holding over 10% of Vertical ...
Business Insider India3y
A stock analyst says Mudrick Capital's AMC purchase and quick sale shows Wall Street insiders are 'preying on the naivete' of meme-stock traders
Mudrick Capital's purchase and subsequent quick sale of AMC stock shows retail investors aren't the only ones making money during the latest meme stock trading frenzy, said David Trainer ...