LONDON, Dec. 16, 2021 /PRNewswire/ -- Vertical Aerospace Group Ltd. ("Vertical"), a global aerospace and technology company that is pioneering zero-emissions aviation, announced today the closing of a business combination with Broadstone Acquisition Corp. ("Broadstone") (NYSE:BSN), a special purpose acquisition company. Vertical Aerospace Ltd.'s ordinary shares will begin trading today under the ticker (EVTL) on the New York Stock Exchange ("NYSE"). Stephen Fitzpatrick, CEO, and Founder of Vertical said "This listing is a landmark moment for Vertical Aerospace. We have global

- Broadstone Acquisition Corp. and Vertical Aerospace expect to complete their business combination, subject to Broadstone shareholder approval and the satisfaction or waiver of other closing conditions - Extraordinary general meeting of Broadstone shareholders to be held on December 14, 2021, at 10:00 AM, New York time - Gross proceeds of at least $300 million including a fully committed PIPE predominantly from key strategic investors including American Airlines, Avolon, Rolls-Royce, Honeywell, and Microsoft's M12 - Transaction will provide required capital to certify the VA-X4, develop a manufacturing facility and build out Vertical's commercial platform and scale production - Vertical Ae

Extraordinary general meeting of Broadstone shareholders to be held virtually and in New York on December 14, 2021 at 10:00 AM, Eastern Time. Business combination with Vertical expected to close on or about December 16, 2021, subject to shareholder approval, after which Pubco's ordinary shares and warrants will be listed on the New York Stock Exchange under the symbols "EVTL" and "EVTLW," respectively. The Broadstone Board of Directors recommends that shareholders vote "FOR" all the proposals at the shareholder meeting. LONDON, Dec. 2, 2021 /PRNewswire/ -- Broadstone Acquisition Corp. (NYSE:BSN, BSN-UN and BSN-WT))) ("Broadstone"), a special purpose acquisition company, has filed its defini

LONDON, Nov. 2, 2021 /PRNewswire/ -- Vertical Aerospace ("Vertical"), a global aerospace and technology company that is pioneering zero-emissions aviation, today announced the appointment of two Independent Non-Executive Directors, Kathy Cassidy and Gur Kimchi, to Vertical's Board of Directors, with Dómhnal Slattery becoming an advisor to Stephen Fitzpatrick, CEO and Chairman of Vertical. These appointments will be effective upon completion of Vertical's business combination with Broadstone Acquisition Corp. Kathy Cassidy brings over 20 years of capital markets experience hav

LONDON, Oct. 28, 2021 /PRNewswire/ -- Vertical Aerospace ("Vertical"), a global aerospace and technology company that is pioneering zero-emissions aviation, today announced an agreement with Ferrovial, a leading global infrastructure operator, to cooperate on creating a network of 25 vertiports across the UK. Vertiports are dedicated sites that enable the take-off, landing and recharging of electric vertical take-off and landing ("eVTOL") aircraft. Vertiports are expected to be integrated with other modes of transport to offer efficient travel and increase connectivity to cit

LONDON, Oct. 27, 2021 /PRNewswire/ -- Vertical Aerospace ("Vertical"), a global aerospace and technology company that is pioneering zero-emissions aviation, announces over $200 million in additional financing to support its path to scale production and certification of the VA-X4 electric vertical take-off and landing (eVTOL) aircraft. Vertical is targeting the highest global certification for its VA-X4, which is expected to achieve the equivalent safety standard of a passenger jet by 2024 (based on the expected standards promulgated by the CAA and EASA). Mudrick Capital Manage

LONDON, Oct. 25, 2021 /PRNewswire/ -- Vertical Aerospace ("Vertical"), the global aerospace and technology company that is pioneering zero-emissions aviation, today announces a collaboration with Heathrow Airport to explore how Vertical's VA-X4 electric vertical take-off and landing (eVTOL) vehicle could operate from Heathrow by the mid-2020s. The agreement between Heathrow and Vertical is a significant milestone for Britain's zero-emissions aviation industry. Both parties will work closely to explore how this new technology can fit into existing operations at the airport, bu

BRISTOL, United Kingdom, Oct. 5, 2021 /PRNewswire/ -- Vertical Aerospace ("Vertical"), the aerospace and technology company that is pioneering electric aviation, announces the appointment of Harry Holt as Chief Operating Officer. The announcement further strengthens Vertical's senior leadership team which is well-balanced and draws from industry leaders in the aviation, energy, engineering and technology sectors. Vertical has already received conditional pre-orders for a total of up to 1,350 aircraft from American Airlines, Avolon, Bristow and Iberojet, which includes pre-order options from Virgin Atlantic and Marubeni, and in doing so, is creating multiple potential near term and actionable

BRISTOL, United Kingdom, Oct. 4, 2021 /PRNewswire/ -- Vertical Aerospace ("Vertical"), the aerospace and technology company that is pioneering electric aviation, announces that Justin 'Jif' Paines has joined the company as Chief Test Pilot. Jif joins Vertical from Joby Aviation, where he held the same role for the past three years. Paines has an unrivalled understanding of the technical aspects of developing and piloting ground-breaking V/STOL (vertical and/or short take-off and landing) aircraft. Holding a Masters degree in Aeronautics and Astronautics from MIT, he had a dis

Increases Vertical's eVTOL pre-order book to a total of up to 1350 aircraft Accelerates entry opportunities to Japanese market Expands Vertical's global partnership network Vertical Aerospace ("Vertical"), a leading British eVTOL manufacturer which is pioneering the transition to carbon free aviation, today announced that Vertical and Marubeni Corporation ("Marubeni"), a leading Japanese integrated trading and investment business conglomerate have reached an agreement to explore sustainable, emissions free Advanced Aerial Mobility (AAM) travel solutions, focused on the application of Vertical's flagship electric aircraft, the VA-X4, in the Japanese market. Marubeni has also agreed a

BRISTOL, United Kingdom, Oct. 5, 2021 /PRNewswire/ -- Vertical Aerospace ("Vertical"), the aerospace and technology company that is pioneering electric aviation, announces the appointment of Harry Holt as Chief Operating Officer. The announcement further strengthens Vertical's senior leadership team which is well-balanced and draws from industry leaders in the aviation, energy, engineering and technology sectors. Vertical has already received conditional pre-orders for a total of up to 1,350 aircraft from American Airlines, Avolon, Bristow and Iberojet, which includes pre-order options from Virgin Atlantic and Marubeni, and in doing so, is creating multiple potential near term and actionable

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- Vertical is pioneering electric flight, enabling the transition to a future of zero-carbon aviation by providing faster, quieter, greener, and smarter ways for people to travel around cities and regions. - Vertical Aerospace Ltd.'s ordinary shares will begin trading today under the ticker EVTL on the New York Stock Exchange. - Proceeds raised plus the issuance of convertible senior secured notes equals approximately $300 million, in excess of the circa $250 million projected spend through to certification and scale production. - Public shareholders join PIPE investors American Airlines, Avolon, Honeywell, Microsoft's M12, Kouros, Rolls-Royce, 40North and Rocket. - Vertical recently premier

Gainers Theseus Pharmaceuticals, Inc. (NASDAQ:THRX) gained 34.1% to settle at $12.58 on Wednesday. CMC Materials, Inc. (NASDAQ:CCMP) climbed 33.9% to close at $195.50 on Wednesday after the company announced it will be acquired by Entegris for $6.5 billion in cash and stock. Biofrontera Inc. (NASDAQ:BFRI) shares jumped 26.4% to settle at $6.95 on Wednesday after Benchmark initiated coverage on the stock with a Buy rating and announced a $11 price target. Regional Health Properties, Inc. (NYSE:RHE) gained 23.8% to close at $6.70. Regional Health Props, last month, posted a Q3 loss of $1.25 per share. Gemini Therapeutics, Inc. (NASDAQ:GMTX) rose 23.1% to settle at $2.99 after HC Wain

The month of December shows an increasing number of SPAC deal votes. SPAC merger votes can act as a catalyst, as the votes complete the last step in the merger process and change the company over to a new name and ticker that can help build recognition. Several former SPACs also saw wide swings in their share price after being de-SPAC-ed if they receive heavy redemption and have a low float for shares available. December SPAC Merger Calendar: Dec. 1: Aldel Financial Inc (NYSE:ADF) and Hagerty: Auto insurance company Hagerty specializes in providing insurance for classic cars and vehicles. Dec. 2: 890 5th Avenue Partners (NASDAQ:ENFA) and BuzzFeed: Media company BuzzFeed owns brands that i