Zanite Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the aviation, aerospace and defense, urban mobility, and emerging technology industries. The company was incorporated in 2020 and is based in Cleveland, Ohio.
IPO Year: 2021
Exchange: NASDAQ
Website: zaniteacquisition.com
Zanite Acquisition Corp. (NASDAQ:ZNTEU, ZNTE, ZNTEW))) (the "Company" or "Zanite") today announced the appointment of Patrick M. Shanahan to the Company's Board of Directors (the "Board"). Mr. Shanahan will serve as an independent Class III director, effective immediately. The terms of Zanite's Class III directors extend to the Company's third annual meeting of stockholders. Mr. Shanahan will serve as a member of the Audit Committee and the Compensation Committee of the Board. Mr. Shanahan will replace Gerard DeMuro on the Board. Mr. DeMuro is stepping down to focus his efforts on another business opportunity. In addition to Mr. Shanahan, Zanite's Board and its advisors are comprised of Ke
Eve Holding, Inc. to Trade on the New York Stock Exchange Under the Symbol "EVEX" MELBOURNE, Fla., May 9, 2022 /PRNewswire/ -- Eve Holding, Inc. (the "Company") (NYSE:EVEX, EVEXW))) , formerly known as Zanite Acquisition Corp. (NASDAQ:ZNTE, ZNTEU, ZNTEW))) ("Zanite"), announced today that it has closed the previously announced business combination (the "transaction") with Eve UAM, LLC ("Eve"), a leader in the development of next-generation Urban Air Mobility ("UAM") solutions and a subsidiary of Embraer S.A. ("Embraer") (NYSE:ERJ, B3: EMBR3))). The transaction was approved by Zanite's stockholders on May 6, 2022. With the transaction now complete, Zanite has changed its name to "Eve Holding,
MELBOURNE, Fla. and CLEVELAND, Ohio, Dec. 21, 2021 /PRNewswire/ -- UAM, LLC ("Eve"), a leader in the development of next-generation Urban Air Mobility ("UAM") solutions, has entered into a definitive business combination agreement with Zanite Acquisition Corp. ("Zanite") (NASDAQ:ZNTE, ZNTEU, ZNTEW))), a special purpose acquisition company focused on the aviation sector. Upon closing of the transaction, Zanite will change its name to Eve Holding, Inc. ("Eve Holding") and will be listed on the New York Stock Exchange (the "NYSE") under the new ticker symbol, "EVEX" and "EVEXW." Embraer S.A. ("Embraer"), through its subsidiary Embraer Aircraft Holding, Inc., will remain a majority stockholder w
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Eve Holding, Inc. to Trade on the New York Stock Exchange Under the Symbol "EVEX" MELBOURNE, Fla., May 9, 2022 /PRNewswire/ -- Eve Holding, Inc. (the "Company") (NYSE:EVEX, EVEXW))) , formerly known as Zanite Acquisition Corp. (NASDAQ:ZNTE, ZNTEU, ZNTEW))) ("Zanite"), announced today that it has closed the previously announced business combination (the "transaction") with Eve UAM, LLC ("Eve"), a leader in the development of next-generation Urban Air Mobility ("UAM") solutions and a subsidiary of Embraer S.A. ("Embraer") (NYSE:ERJ, B3: EMBR3))). The transaction was approved by Zanite's stockholders on May 6, 2022. With the transaction now complete, Zanite has changed its name to "Eve Holding,
Transaction includes previously announced $357.3 million PIPE, inclusive of a $52.3 million upsize Previously announced launch order pipeline demonstrates Eve's ability to reach and pass key business milestones MELBOURNE, Fla., April 29, 2022 /PRNewswire/ -- Eve UAM, LLC ("Eve" or the "Company"), an Embraer S.A. ("Embraer") company and a leader in the development of next-generation Urban Air Mobility ("UAM") solutions, today announced a summary business update on several previously disclosed key milestones relating to its business and plans to go public through a proposed business combination (the "Business Combination") with Zanite Acquisition Corp. ("Zanite") (NASDAQ:ZNTE, ZNTEU, ZNTEW))).
Zanite Acquisition Corp. ("Zanite") also Announces that the Special Meeting of its Stockholders to Vote to Approve the Business Combination with Eve UAM, LLC ("Eve") will be held on May 6, 2022, at 11:00 a.m. ET The Board of Directors of Zanite Recommends All Stockholders Vote "FOR" all Proposals MELBOURNE, Fla. and CLEVELAND, April 14, 2022 /PRNewswire/ -- Eve UAM, LLC, an Embraer company and a leader in the development of next-generation Urban Air Mobility ("UAM") solutions, and Zanite Acquisition Corp. (NASDAQ:ZNTE, ZNTEU, ZNTEW))), a special purpose acquisition company focused on the aviation sector, today announced that Zanite has filed its definitive proxy statement on Form DEFM14A (t
SÃO JOSÉ DOS CAMPOS, Brazil, March 22, 2022 /PRNewswire/ -- Eve UAM, LLC ("Eve"), a leader in the development of next-generation Urban Air Mobility ("UAM") solutions, will host the Eve Air Mobility Virtual Investor Day on Friday, March 25, 2022, from 9:00 a.m. EDT to 11:15 a.m. EDT. In December 2021, Eve announced plans to list on the NYSE though a merger with Zanite Acquisition Corp. (NASDAQ:ZNTE, ZNTEU, ZNTEW))), a special purpose acquisition company focused on the aviation sector. Upon the closing of the transaction with Zanite, Eve's common stock and warrants are expected to trade on NYSE under the new ticker symbols "EVE" and 'EVEXW". The entire Eve management team will participate in t
MADRID, March 18, 2022 /PRNewswire/ -- Eve UAM, LLC, an Embraer (NYSE:ERJ, B3: EMBR3))) company, and Acciona, a global company leader in the provision of regenerative solutions for a decarbonized economy, today announced a strategic partnership to accelerate the development of a global and sustainable Urban Air Mobility ecosystem. Under the terms of the partnership, upon the consummation of Eve's business combination with Zanite Acquisition Corp., Acciona will invest US$30 million and will join the group of strategic investors that are currently supporting the development of Eve and its business plan. As part of the agreement, José Manuel Entrecanales, Acciona's Chairman and CEO, will become
MELBOURNE, Florida, March 16, 2022 /PRNewswire/ -- Eve UAM, LLC ("Eve"), an Embraer S.A. ((B3: EMBR3, NYSE:ERJ) ("Embraer") company, and Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO JETMF: OTCQB) ("GlobalX") have signed a Letter of Intent (LoI) to order up to 200 of Eve's electric vertical take-off and landing aircraft (eVTOL). This potential sale is included in Eve's current order backlog of up to 1,785 eVTOLs. The company expects to start the deliveries in 2026. The agreement also enables a promising partnership that intends to explore the development of an ecosystem to scale Urban Air Mobility (UAM) and reinforces the Concept of Operations (CONOPS) in Miami-Dade that was ann
MELBOURNE, Fla., March 16, 2022 /PRNewswire/ -- Eve UAM, LLC ("Eve"), an Embraer S.A. ("Embraer") ((B3: EMBR3, NYSE:ERJ) company, has formed a consortium of leading Urban Air Mobility (UAM) organizations and technology enablers, including Skyports, L3Harris Technologies, and the Community Air Mobility Initiative (CAMI) to develop a Concept of Operations (CONOPS) for UAM operations between Miami International Airport (MIA) and the Miami Beach Convention Center. This agnostic document is intended to be the first of several deliverables for bringing UAM operations to Miami-Dade. The consortium examined the ecosystem required for both passenger and vehicle journeys, received valuable insights a
MELBOURNE, Fla. and CLEVELAND, Ohio, Dec. 21, 2021 /PRNewswire/ -- UAM, LLC ("Eve"), a leader in the development of next-generation Urban Air Mobility ("UAM") solutions, has entered into a definitive business combination agreement with Zanite Acquisition Corp. ("Zanite") (NASDAQ:ZNTE, ZNTEU, ZNTEW))), a special purpose acquisition company focused on the aviation sector. Upon closing of the transaction, Zanite will change its name to Eve Holding, Inc. ("Eve Holding") and will be listed on the New York Stock Exchange (the "NYSE") under the new ticker symbol, "EVEX" and "EVEXW." Embraer S.A. ("Embraer"), through its subsidiary Embraer Aircraft Holding, Inc., will remain a majority stockholder w
Zanite Acquisition Corp. (NASDAQ:ZNTEU, ZNTE, ZNTEW))) (the "Company" or "Zanite") today announced the appointment of Patrick M. Shanahan to the Company's Board of Directors (the "Board"). Mr. Shanahan will serve as an independent Class III director, effective immediately. The terms of Zanite's Class III directors extend to the Company's third annual meeting of stockholders. Mr. Shanahan will serve as a member of the Audit Committee and the Compensation Committee of the Board. Mr. Shanahan will replace Gerard DeMuro on the Board. Mr. DeMuro is stepping down to focus his efforts on another business opportunity. In addition to Mr. Shanahan, Zanite's Board and its advisors are comprised of Ke
Gainers Hemisphere Media Group, Inc (NASDAQ:HMTV) shares jumped 80.1% to $6.79 after the company announced it entered into a definitive agreement to be acquired for $7.00 per share in cash by a subsidiary of Gato Investments, a portfolio investment of Searchlight Capital Partners. Points.com Inc. (NASDAQ:PCOM) gained 43.9% to $24.55. Plusgrade announced plans to acquire Points for $25 per share in cash. Better Therapeutics, Inc. (NASDAQ:BTTX) rose 37.2% to $2.5801. Better Therapeutics is expected to release its Q1 financial results on Friday, May 13, 2022. Cyngn Inc. (NASDAQ:CYN) gained 18% to $4.2300. Baosheng Media Group Holdings Limited (NASDAQ:BAOS) rose 17.7% to $0.5668 after dr
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Eve UAM, LLC, an Embraer SA (NYSE:ERJ) company, has established a strategic partnership with Acciona to accelerate the development of a global and sustainable Urban Air Mobility ecosystem. Acciona is a provider of regenerative solutions for a decarbonized economy. Related: EVTOL Company Eve Gets Spin Out From Embraer, SPAC Deal: What Investors Should Know As per the partnership terms, upon completion of Eve's business combination with Zanite Acquisition Corp (NASDAQ:ZNTE), Acciona will invest $30 million and join the group of strategic investors supporting the development of Eve and its business plan. José Manuel Entrecanales, Acciona's Chairman and CEO, will become a member of the Boa
Eve UAM, LLC, an Embraer SA (NYSE:ERJ) company, entered a Letter of Intent with Falko Regional Aircraft Limited for a potential order of 200 electric vertical take-off and landing aircraft (eVTOL). Financial terms not disclosed. The arrangement also includes a commercial partnership to develop a global network of eVTOL operators supporting Urban Air Mobility missions. Related Content: Embraer Stock Flies High On Eve's SPAC Deal, NYSE Listing "Our partnership with Falko, a trusted aircraft leasing leader, cements our position in the global Urban Air Mobility marketplace and not only widens our potential operator base through Falko's global customer footprint but increases our ability to
Another eVTOL (electric vertical take-off and landing) company is going public via SPAC merger with a deal announced Tuesday morning. Here are the details. The SPAC Merger: Urban air mobility company Eve is going public in a SPAC merger with Zanite Acquisition Corp (NASDAQ:ZNTE). The deal values Eve at a pro forma enterprise value of $2.4 billion. A $305 million PIPE includes investments from strategic partners Azorra Aviation, BAE Systems (OTC:BAESY), Republic Airways, Rolls-Royce and SkyWest Inc (NASDAQ:SKYW). The majority stockholder in Eve is Embraer SA (NYSE:ERJ), which is also participating in the PIPE on the SPAC merger. After the merger, Embraer is expected to own around 82% of th
Embraer SA (NYSE:ERJ) has agreed to combine its urban air mobility business with publicly held special purpose acquisition company Zanite Acquisition Corp (NASDAQ:ZNTE). The resulting entity will be named Eve Holding, Inc and listed on the NYSE under the new ticker symbol, "EVEX" and "EVEXW." The business combination values Eve at an implied enterprise value of $2.4 billion and a total pro forma equity value of $2.9 billion. Embraer, through its subsidiary, will remain a majority stockholder with an approximately 82% equity stake in Eve Holding following the closing of the business combination. Eve will be led by co-CEOs Jerry DeMuro and Andre Stein. Transaction proceeds will be used
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