ACIC News and Press, Atlas Crest Investment Corp. Class A From 08/31/21

California-based Archer Aviation Inc. (“ Archer ''), a leading developer of an Urban Air Mobility ecosystem and all-electric vertical takeoff and landing (“eVTOL”) aircraft, and Atlas Crest Investment Corp. (NYSE: ACIC) (“ Atlas Crest ”), a spe...

REEF, the largest mobility hub operator in North America, will work with Archer to provide access to thousands of sites in dense urban areas potentially suitable for Archer’s vertiports Light retrofitting of existing parking garages will accelerate Archer’s ability to ...

Special Meeting of Atlas Crest Shareholders to be Held on September 14, 2021 at 10:00 a.m. ET Atlas Crest Investment Corp. (NYSE: ACIC) (“Atlas Crest”), a special purpose acquisition company, announced today that it has scheduled a special meeting of its stockh...

As Archer moves towards becoming a public company via its merger with Atlas Crest, Ben will lead the Company’s finance and investor relations functions Ben’s extensive experience will help Archer lay the groundwork for financial success and develop a scalable program a...

Joby Aviation is set for a ticker change to "JOBY" on August 11. The ticker change may cause some rough turbulence on the stock price. There are three reasons for this: overvaluation, diminishing eVTOL sentiment, and potential future dilution. I expect prices to decline to the...

Archer rounds out nominations to the combined company’s board of directors with diverse and seasoned talent from the aviation, automotive, technology, and finance & consulting sectors Nominations include Deborah Diaz, former CTO and deputy CIO of NASA, Maria Pinelli, former...

Archer Aviation is a far better deal after the valuation was cut and the stock price has fallen 50%. The company still appears on a path to releasing an eVTOL in 2024. The stock faces too much SPAC closing risk with the stock below $10 to buy here. For further details see: ...

Atlas Crest / Archer SPAC deal was recut last week to reduce the pro forma enterprise value from $2.7B to $1.7B, a 38% valuation cut. Also, 15% of the promote. The sponsor letter agreement was amended to drop the one-year lockup. This allows sponsors to cash-out 85% of the promote sha...

New transaction terms adjust Archer’s pro forma enterprise value from $2.7 billion to $1.7 billion Terms establish a more attractive entry point to market, and a highly compelling investment thesis on an absolute and relative basis Boards of Directors of both ...

Electric vertical takeoff and landing company Lilium CEO Daniel Wiegand joins us to discuss closing SPAC deal with Qell Acquisition in Q3. With Palantir and Honeywell as investors and partners, Lilium is in a race with other aviation startups to deploy battery-powered aircraft that ca...