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FutureFlight
Embraer-backed Eve Boosts eVTOL Plans With $377 million Initial Public Offering
Eve’s $377 million in initial public offering proceeds fell short of the $500 million originally targeted.
From left to right, Directional Aviation principal and Zanite Acquisition Holding board director Kenn Ricci, Eve co-CEOs Andre Stein and Jerry DeMuro, and Embraer CEO Francisco Gomes Neto celebrate the public listing of Eve Holding at the New York Stock Exchange on May 10. (Photo: Ian Whelan)
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By
Gregory Polek
• Senior Editor
May 10, 2022