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Vertical Aerospace Inks Investment Agreement With Founder And CEO, Stephen Fitzpatrick Committing To Provide Up To $50M Of Funding

Author: Benzinga Newsdesk | February 22, 2024 06:45pm

This follows the January 21, 2024 previously announced legally binding termsheet agreement relating to the committed funding. As part of the commitment, Vertical is obligated to call an extraordinary general meeting of the shareholders of the company (the "EGM") to vote on the adoption of certain amendments to its amended and restated memorandum and articles of association.

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