Every 424B that VERTICAL AEROSPCE LTD WTS (EVTWF) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow EVTWF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EVTWF filings page.
Vertical Aerospace Ltd. is raising equity through a registered direct offering of 33,333,334 Units at $1.05 per Unit, for a gross offering size of $35,000,001. Each Unit includes one ordinary share and one four-year Tranche C Warrant exercisable at $2.00 per share, immediately upon issuance.
The company expects net cash proceeds of about $32.55 million before expenses, and could receive up to an additional $66.67 million if all Tranche C Warrants are exercised for cash. Ordinary shares outstanding would rise to 171,723,641, excluding warrant and option exercises and other convertible instruments, and the filing details substantial additional potential dilution from notes, preferred shares, warrants and equity facilities.
Proceeds are intended mainly for aircraft research and development, and expansion of testing and certification capacity, with remaining funds for working capital and general corporate purposes. The company highlights recurring losses, heavy funding needs and states that limited cash and dependence on new capital raise a material uncertainty that may cast significant doubt on its ability to continue as a going concern.
Vertical Aerospace Ltd. is conducting a primary financing under its shelf registration, offering YA II PN, Ltd. up to 25,000 Series A convertible preferred shares in a second tranche at $960 per $1,000 stated value, plus up to 7,559 additional Series A shares payable as in-kind dividends. These preferred shares are convertible into ordinary shares at the lower of a fixed price (for this tranche $1.26) and a variable price equal to 96% of the lowest five-day VWAP, but not below a $0.598 floor. The filing registers up to 54,446,488 ordinary shares issuable upon conversion. As of June 30, 2026, Vertical had 138,390,307 ordinary shares outstanding and cash and cash equivalents of about £50 million (approximately $66 million). Net proceeds of roughly $23.75 million are intended for aircraft R&D, expansion of testing and certification capacity, and general corporate purposes. The company highlights significant dilution from conversion and discloses recurring losses, limited cash and a material uncertainty that may cast significant doubt on its ability to continue as a going concern.
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.