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. 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.
Vertical Aerospace Ltd. director Domhnal Slattery received a grant of 75,416 Nil Cost Options over Common Stock. These options have a zero exercise price and expire on January 21, 2036. Following this award, he holds 1,814,850 Nil Cost Options directly.
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. This filing reflects a compensation-related equity award rather than an open-market share purchase or sale.
Vertical Aerospace Ltd. Chief Executive Officer Stuart Simpson received a grant of 107,737 Nil Cost Options over common stock. These options were awarded at an exercise price of $0.00 per share and increase his directly held derivative position to 2,592,642 options.
The options begin vesting on June 30, 2026, with additional portions vesting quarterly under the company’s vesting schedule, contingent on Simpson’s continued service through each vesting date. The options are scheduled to expire on January 21, 2036 if not exercised.
Vertical Aerospace Ltd. is offering up to 32,559 Series A convertible preferred shares (25,000 Initial Preferred Shares plus up to 7,559 PIK Preferred Shares) pursuant to a Securities Purchase Agreement with YA II PN, Ltd., and this prospectus supplement registers up to 54,446,488 ordinary shares issuable upon conversion of those preferred shares (calculated at the disclosed floor price of $0.598 per share).
The Initial Preferred Shares were priced at $960 per $1,000 stated value and delivery at the first closing was expected on or about April 20, 2026, subject to closing conditions. Proceeds are intended to fund R&D, testing, manufacturing and certification capacity expansion, and general corporate purposes. Conversion mechanics, dividends (PIK at an 18% annual rate upon Triggering Events), transfer restrictions and a 4.99% beneficial ownership conversion limit are described in the Certificate of Designations.
Vertical Aerospace Ltd. is issuing ordinary shares having an aggregate offering price of $2,000,000 as a commitment fee under a Standby Equity Purchase Agreement dated April 20, 2026 with YA II PN, Ltd. Fifty percent of the Commitment Shares were deliverable on signing (April 20, 2026) and 50% are payable six months later (October 20, 2026), with the number of shares calculated using the last closing price on the Trading Day immediately prior to each delivery. The SEPA gives the company the right to sell up to $500.0 million of ordinary shares to the Investor over time. The company states it will not receive cash proceeds from the Commitment Shares issuance and cites a cash position of approximately £73 million ($96 million) as of March 31, 2026.
Vertical Aerospace Ltd. outlines a comprehensive financing package that could provide significant funding flexibility. The company arranged (i) up to $50 million in additional 10.00% / 12.00% Convertible Senior Secured PIK Toggle Notes due 2030 with Mudrick Capital, (ii) up to $250 million of Series A Convertible Preferred Shares with Yorkville, and (iii) an equity line of credit for ordinary shares with Yorkville of up to $500 million.
The new note facility lets Vertical draw up to $50 million over one year at a fixed conversion price of $3.50 per share, subject to liquidity and solvency conditions and a company repurchase right at a premium. The preferred equity facility allows tranches of up to $25 million each over 24 months at $960 per share, with conversion based on market price and an 18% in‑kind dividend after certain Triggering Events. The three‑year standby equity purchase agreement enables share sales to Yorkville at 97% of VWAP, capped by a 4.99% beneficial ownership limit. As of March 31, 2026, cash and cash equivalents were approximately £73 million ($96 million) based on preliminary data.
Saba Capital and Boaz R. Weinstein reported shared beneficial ownership of 15,806,503 securities of Vertical Aerospace Ltd. The filing states this position represents 12.02% of the calculation denominator based on 127,328,004 Ordinary Shares outstanding as of March 30, 2026 plus the ordinary shares underlying two public warrant tranches. The reported holdings comprise 11,640,503 ordinary shares and 4,166,000 ordinary shares underlying public warrants (2,083,000 Tranche A and 2,083,000 Tranche B). The statement is an amended Schedule 13G/A reflecting joint filing arrangements among Saba entities and Mr. Weinstein.
Saba Capital Management, L.P., a ten percent owner of Vertical Aerospace Ltd., reported an indirect open-market sale of 676,518 shares of Common Stock at $2.6900 per share. After this transaction, it indirectly holds 10,963,985 Common shares.
Saba Capital also reports indirect holdings of Tranche A Warrants exercisable at $6.0000 per share and Tranche B Warrants exercisable at $7.5000 per share, each relating to 2,083,000 underlying Common shares and expiring on January 23, 2030.