LILM - Lilium: Future Of Regional Transportation

• Lilium and Qell Acquisition completed the SPAC business combination last week.
• The SPAC was hit with 65% of SPAC shareholders redeeming shares, but the transaction still raised $584 million due to a large PIPE at $10.
• The stock is compelling below the $10 PIPE price for shareholders willing to ride the high volatility in the eVTOL space.

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