Archer Aviation Inc. just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:
Filed pursuant to
Registration No. 333-260121
PROSPECTUS SUPPLEMENT NO. 2
(To the Prospectus Dated October 26, 2021)
Up to 166,605,041 Shares
of Class A Common Stock
Up to 25,398,947
Shares of Class A Common Stock Issuable Upon Exercise of Warrants
Up to 8,732,280 Warrants to Purchase Class A Common Stock
prospectus supp lement supplements the prospectus dated October 26, 2021 (the “Prospectus”), which forms a part of
our registration statement on Form S-1 (No. 333-260121), as amended. This prospectus supplement is being filed to update and
supplement the selling securityholders table in the Prospectus to reflect certain transfers or other assignments of shares of our
Class A Common Stock, $0.0001 par value per share, beneficially owned by Atlas Crest Investment LLC to certain additional selling
securityholders identified herein. The information with regard to the other selling securityholders is unchanged from the
information contained in the Prospectus.
and this prospectus supplement relate to the issuance by us of an aggregate of up to 25,398,947 shares of our Class A Common Stock, $0.0001
par value per share (the “Class A Common Stock”) issuable upon exercise of warrants, which consists of: (i) up to 8,732,280
shares of Class A Common Stock issuable upon the exercise of warrants (the “Private Warrants”), consisting of: (a)
8,000,000 Private Warrants issued to Atlas Crest Investment LLC (the “Sponsor”) and its permitted transferees in connection
with the initial public offering of Atlas Crest Investment Corp. (“Atlas”) and (b) 732,280 Private Warrants issued
to a lender in connection with a certain loan and security agreement, and (ii) up to 16,666,667 shares of Class A Common Stock issuable
upon the exercise of warrants (the “Public Warrants” and, together with the Private Warrants, the “Warrants”)
originally issued in the initial public offering of Atlas.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever Archer Aviation Inc. makes a similar move, sign up!
Other recent filings from the company include the following: