Eve Air Mobility Secures $230 Million to Expand Urban Air Mobility in the U.S. and Brazil

Eve Air Mobility Announces Major Capital Raise and Dual Listing

Eve Air Mobility is making headlines with a significant announcement regarding its strategic financial growth. On August 14, 2025, the company revealed that it has successfully entered into subscription agreements with notable investors, including BNDESPAR, a subsidiary of Brazil's national development bank, and Embraer. This initiative involves issuing 47,422,680 common shares at a price of $4.85 each, ultimately raising a total of $230 million. The dual listing reflects Eve's commitment to expanding its investor base across diverse geographical regions.

The funds raised through this direct offering will primarily be allocated towards operational costs associated with the company's efforts in Brazil. Additionally, the capital is intended for general corporate purposes, which may include potential business acquisitions and the repayment of existing debt. The proactive measure taken by Eve to introduce Brazilian Depositary Receipts (BDRs) enhances accessibility for investors in Brazil, with the BDRs set to appear on the Sao Paulo Stock Exchange under the ticker symbol 'EVEB31'.

Eduardo Couto, Eve's CFO, emphasized the dual listing as a strategic move to enhance investor diversification. This step is regarded as integral to establishing a broader shareholder landscape, which could lead to improved market stability and growth potential. CEO Johann Bordais echoed this sentiment, expressing pride in securing BNDES as an essential partner while acknowledging Embraer’s unwavering support, which has been pivotal in Eve's journey toward growth and innovation.

Eve’s vision hinges on redefining urban mobility through its eVTOL (electric vertical takeoff and landing) aircraft solutions. This significant capital raise will not only buttress Eve’s operational framework but will also promote sustained innovation in Urban Air Mobility (UAM)—a sector poised for exponential growth as cities worldwide seek more efficient and less congestive transportation alternatives.

The Registered Direct Offering, as defined by regulatory guidelines, is conducted under a shelf registration statement previously filed with the SEC. All prospective investors are encouraged to seek comprehensive information available at the SEC's official website. Notably, this offering is set to close on August 15, 2025, contingent upon fulfilling customary closing conditions.

The ambitious trajectory of Eve Air Mobility exemplifies a commitment to advancing urban transportation solutions, leveraging the latest advancements in aerospace technology—anchored by a wealth of experience from its parent company, Embraer, which boasts over 55 years in the aviation industry. Eve positions itself at the forefront of the UAM evolution, offering a blend of innovative aircraft designs and comprehensive service networks tailored for urban environments.

As the transportation landscape undergoes transformative changes, Eve Air Mobility's proactive funding initiatives and strategic partnerships are crucial in carving out a prominent role within the Urban Air Mobility sector. With a robust plan in place, Eve looks to the future, aiming to deliver groundbreaking solutions that meet the increasing demands of modern urban populations.

For more information on Eve’s initiatives and offerings, visit their official website at www.eveairmobility.com.