
- 28 Feb 2022 02:11 PM
- 0
Vertical Lists on NYSE
On Dec. 16, Vertical Aerospace announced that it has listed on the New York Stock Exchange after completing a merger with Broadstone Acquisition Corp., a special purpose acquisition company. Shares of the UK-based eVTOL developer are trading under the ticker EVTL. The company is aiming to fly the VX4 — previously known as VA-X4 — in 2022, with the goal of launching production and completing certification of the aircraft in 2024 under the UK equivalent of EASA’s SC-VTOL rules. Shortly after going public, Vertical announced on Jan. 27 that the company had appointed Dómhnal Slattery as non-executive chairman of Vertical’s board of directors, succeeding Stephen Fitzpatrick as chairman.
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