Embraer’s Eve Nears Merger With Zanite SPAC

A shareholder proxy vote on the union that would take Embraer's eVTOL company public has been scheduled for May 6.

Monday, April 18, 2022 at 05:42 PM ET

Verified

While Eve Air Mobility would be publicly traded after the proposed merger, Embraer would retain approximately 80 percent of the company. [Courtesy: Eve Air Mobility]

Key Takeaways:

Zanite Acquisition Corp. (NASDAQ: ZNTE, ZNTEU, ZNTEW), a special purpose acquisition company (SPAC), has announced a shareholder proxy vote on a planned merger with EVE UAM, Embraer’s eVTOL (NYSE: ERJ) company, that would take Eve public.

Eve and Zanite Acquisition Corp. announce filing of Definitive Proxy Statement. Read full news: https://t.co/BvCBonkOsa #mobilityreimagined #evtol #greentech #business