Lilium N.V (LILM) Announces Share Offering

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Go back to Lilium N.V (LILM) Announces Share Offering

Lilium Announces Launch of Offering of Class A Shares

July 13, 2023 4:46 PM EDT

MUNICH, Germany, July 13, 2023 (GLOBE NEWSWIRE) -- Lilium N.V. (Nasdaq: LILM) (Lilium or the Company), developer of the first all-electric vertical take-off and landing jet, announced today that it has launched an underwritten public offering of the Company's Class A ordinary shares (the Shares), as well as a concurrent private placement offering of Shares and warrants to purchase Shares led by Earlybird Venture Capital and including BIT Capital, UVC Partners and Frank Thelen, as well as multiple Lilium Board members and senior executives (the PIPE). In addition, pursuant to the purchase agreement dated May 1, 2023... More