Archer Aviation raises $850M in registered direct offering at $10.00/share, boosting liquidity to ~$2B

Archer Aviation Inc.

Gross proceeds $850M from 85M shares at $10.00/share; expected close June 16, 2025.
Net proceeds ~$817.1M after fees; company now has pro forma liquidity of ~$2B.
Funds earmarked for Launch Edition, U.S. commercial launch (LA 2028 Olympics), and AI-based aviation software platform.
Raise follows White House eVTOL Executive Order; CEO to meet with Transportation Secretary and acting FAA administrator.

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