Welcome to our dedicated page for Vertical Aerospace Ltd. 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. director Domhnal Slattery received a grant of 360,155 Nil Cost Options over common stock as compensation. These options have a £0.00 exercise price and bring his total options to 1,739,434 following the grant.
The options begin vesting on March 31, 2026, with additional portions vesting quarterly under the applicable vesting schedule, subject to his continued service through each vesting date. The options are scheduled to expire on January 21, 2036 if not exercised.
Vertical Aerospace Ltd. Chief Executive Officer Stuart Simpson received a grant of 514,508 Nil Cost Options over the company’s common stock. These options carry a conversion price of $0.00 per share and have an expiration date of January 21, 2036.
The options begin vesting on March 31, 2026, with additional portions vesting quarterly thereafter under the applicable vesting schedule, subject to Simpson’s continued service through each vesting date. Following this award, he holds 2,484,906 derivative securities related to the company’s shares.
Vertical Aerospace Ltd. has raised $50 million by issuing registered ordinary shares under its at-the-market share issuance program with Jefferies. The company plans to use the equity proceeds to fund research and development of its Valo aircraft, expand testing, manufacturing and certification capacity, and for general corporate purposes.
Alongside this raise, Vertical announced an agreement in principle with Mudrick Capital and Yorkville on a comprehensive financing package totaling up to $850 million$160 million
Vertical Aerospace Ltd. entered into a non-binding agreement in principle for a comprehensive financing package involving convertible preferred shares to be issued to Yorkville. These preferred shares can be converted into ordinary shares at prices set at each tranche issuance and conversion date and initially carry no dividends. If specified trigger events occur and continue, the preferred shares will accrue payment-in-kind interest at an annualized rate of 18%. The company plans to use any proceeds from this potential financing to fund research and development, expand testing, manufacturing and certification capabilities for its aircraft, and for general working capital and corporate purposes. The arrangement remains subject to due diligence, negotiation and execution of definitive agreements, and there is no assurance the transaction will be completed.
Vertical Aerospace has entered a long-term partnership with Isoclima S.p.A. to design, develop, qualify and produce the full transparency suite for its Valo electric vertical take-off and landing (eVTOL) aircraft. Isoclima will supply certification-critical components such as pilot and passenger canopies and glazing systems.
The companies highlight that these transparencies must meet strict requirements for bird-strike resistance, structural integrity, optical performance and environmental durability, supporting Valo’s path through certification, production and entry into commercial service. This 6-K, excluding the press release, is also incorporated by reference into Vertical’s existing Form F-3 shelf registration statements.
Vertical Aerospace Ltd. is a pre-revenue, early-stage eVTOL developer with a limited operating history, no certified or commercial aircraft and significant ongoing losses. The company discloses that it will require substantial additional capital to fund development, certification and manufacturing and that its dependency on new financing raises material uncertainty about its ability to continue as a going concern.
As of December 31, 2025, it had £69 million of cash and cash equivalents and projects approximately £145 million of net cash outflows over the following 12 months, primarily to fund prototype testing and development of certification aircraft. All current pre-orders for around 1,500 aircraft are conditional and cancelable without penalty, and commercialization depends on timely certification by authorities such as the CAA, EASA and FAA, successful scale-up of production, and reliable supply from key partners.
The report highlights multiple risks, including potential delays or failure to obtain type certification, supply chain and partner dependence, technical and performance shortfalls, heightened competition, development of a hybrid-electric variant that relies on securing defense and government-related customers, and heavy reliance on government grants and UK R&D tax relief until revenue is generated.
Vertical Aerospace Ltd. director James Keith Brown filed an initial ownership report showing his equity stake in the company. He directly holds 21,679 shares of common stock and 10,832 restricted stock units, each representing one share of common stock. The restricted stock units will vest on June 30, 2026, and have no expiration date, indicating a time-based component to his compensation.
Vertical Aerospace Ltd. director Haber Kris Tate filed an initial ownership report showing holdings in company equity. Tate directly holds 33,807 shares of common stock and 10,832 restricted stock units tied to common stock. The restricted stock units carry a zero exercise price, will vest on June 30, 2026, and have no expiration date.
Vertical Aerospace Ltd. director Ky Patrick Marc filed an initial ownership report showing his equity position in the company. He reports direct holdings of 11,587 shares of common stock and 10,832 restricted stock units tied to common shares. The restricted stock units carry a zero exercise price and will vest on June 30, 2026, after which they convert into common stock, and they have no expiration date.
Vertical Aerospace Ltd. filed an initial ownership report for Principal Financial Officer John Patrick Maloney, showing his existing equity interests in the company. This Form 3 does not reflect new market purchases or sales, but lists current holdings in common stock and stock options.
Maloney holds 1,500 shares of Common Stock directly. He also holds nil-cost options over 12,473 shares of Common Stock and several stock option grants: 75,000 underlying shares at an exercise price of $3.50, 406 underlying shares at $12.00, and 37,500 underlying shares at $5.82, each with stated expiration dates between 2032 and 2036.
Footnotes explain that these options vest over time beginning on dates such as September 30, 2022, December 31, 2026, and March 31, 2029, with additional shares vesting periodically according to their vesting schedules, subject to Maloney’s continued service through each vesting date.