Welcome to our dedicated page for Vertical Aerospace SEC filings (Ticker: EVTL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Vertical Aerospace Ltd.'s SEC filings document the company's reporting as a foreign private issuer developing the Valo electric vertical take-off and landing aircraft. Form 6-K reports include operating and financial reviews, unaudited interim financial statements, prototype flight-test and certification disclosures, and incorporation of certain materials into Form F-3 registration statements.
The filings also record capital-structure and financing matters, including ordinary share issuances, an at-the-market program, senior secured convertible notes, convertible preferred equity and an equity line of credit. Other disclosures cover long-term supplier agreements for Valo components, subsidiary arrangements, intellectual property litigation matters, forward-looking statements and governance or legal information tied to the company's aircraft development program.
Vertical Aerospace Ltd. reported that Chief Executive Officer Stuart Simpson received a grant of 71,690 Nil Cost Options over common stock as equity compensation. These options carry a £0.00 exercise price and increase his directly held derivative position to 2,706,152 options after the transaction.
The options begin vesting on June 30, 2026, with additional portions vesting quarterly thereafter under the applicable vesting schedule, conditioned on Mr. Simpson’s continued service through each vesting date. The options are scheduled to expire on January 21, 2036 if not exercised.
Vertical Aerospace Ltd. registers for resale up to 64,432,326 ordinary shares under a shelf prospectus covering shares held by selling securityholders, including up to 25,000,000 shares under an equity line of credit with Yorkville and up to 39,432,326 shares tied to Mudrick Capital conversion and PIK arrangements. The company states it will not receive proceeds from resales. The registration covers shares issuable under a $500,000,000 ELOC Facility, additional convertible notes of up to $50,000,000 convertible at $3.50 per share, and assumed PIK interest share issuances; ordinary shares outstanding were 127,328,004 as of March 31, 2026. Sales by the selling securityholders may occur from time to time on exchanges, OTC, in negotiated transactions or otherwise.
Vertical Aerospace Ltd. entered a new long-term partnership with Hyundai WIA to design, develop and manufacture the bespoke landing gear system for Valo, its electric vertical take-off and landing (eVTOL) aircraft. Hyundai WIA will take end-to-end design and production responsibility, supported by UK engineering firm Stirling Dynamics.
The agreement strengthens Vertical’s supplier ecosystem as it advances Valo toward certification and commercialization, alongside existing partners such as Honeywell, Aciturri, Evolito, Syensqo and Isoclima. The company recently completed a two-way piloted transition flight and is progressing toward Critical Design Review, which will establish the certifiable design baseline for certification-conforming aircraft.
Mudrick Capital and affiliates filed Amendment No. 7 to their Schedule 13D on Vertical Aerospace Ltd., updating disclosures around their large ownership and financing arrangements. The group reports beneficial ownership of 101,021,846 Class A ordinary shares, representing 58.4% of the class, all with shared voting and dispositive power.
The amendment highlights a Convertible Note Purchase Agreement dated April 1, 2026, under which Vertical Aerospace may require Mudrick Capital Management, L.P. to purchase up to $50,000,000 in additional Convertible Senior Secured Notes over one year. These Additional Notes are convertible into ordinary shares at a fixed price of $3.50 per share, subject to customary conditions including the company maintaining $50 million in liquidity and being solvent for four months after each issuance. The company may repurchase issued Additional Notes in privately negotiated deals, and if it exercises that repurchase right, Mudrick has agreed not to convert those specific notes.
Vertical Aerospace Ltd. filed a shelf registration on Form F-3 to register the resale or other disposition of up to 64,432,326 ordinary shares by selling securityholders, including 25,000,000 shares issuable under an equity line of credit and 39,432,326 shares tied to convertible notes and payment-in-kind interest. The company states it will not receive proceeds from these resales.
The registration covers shares issuable under a standby equity purchase agreement (ELOC Facility) with Yorkville and shares issuable upon conversion or PIK interest under Convertible Senior Secured Notes and related supplemental indentures with Mudrick Capital. Shares outstanding were 127,328,004 as of March 31, 2026.
Vertical Aerospace Ltd. ownership disclosure: Saba Capital and affiliated reporting persons report shared beneficial ownership of 15,806,503 shares, representing 12.02% of the class. The reported block includes 11,640,503 Ordinary Shares and 2,083,000 Ordinary Shares underlying each of the Tranche A and Tranche B public warrants. The filing bases percentages on 127,328,004 Ordinary Shares outstanding as of March 31, 2026, as reported in the issuer's 424B5.
Vertical Aerospace Ltd. announced a board leadership change. Chairman Dómhnal Slattery notified the board on May 10, 2026 of his intention to resign as Chairman and director and, by agreement with the board, his resignation became effective on May 12, 2026.
The company credits Mr. Slattery with overseeing key operational and financial milestones, including a recent two-way piloted transition flight and closing of a financing package totaling up to $850 million. The board expressed its thanks for his service and contribution.
Effective May 12, 2026, the board appointed existing director Ben Story as interim Chairman while it searches for a permanent Chair. Mr. Story brings experience from senior roles at Rolls-Royce Holdings, Citigroup, and public-sector and innovation-focused boards.
Vertical Aerospace Ltd. Chief Executive Officer Stuart Simpson received a grant of 41,819 Nil Cost Options over common stock. These options have a £0.00 exercise price and expire on January 21, 2036. Following the grant, he holds 2,634,462 derivative securities linked to common stock.
According to the footnote, the options begin vesting on June 30, 2026, with additional portions vesting quarterly under an applicable vesting schedule, subject to his continued service through each vesting date. This is a compensation-related award rather than an open-market transaction.
Vertical Aerospace Ltd. director Domhnal Slattery received a grant of Nil Cost Options over 29,273 shares of common stock. These options have an exercise price of $0.00 and expire on January 21, 2036. Following the award, his directly held derivative position is 1,844,123 options.
The options begin vesting on June 30, 2026, with additional portions vesting quarterly under the applicable vesting schedule, subject to his continued service through each vesting date.