Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Archer Aviation Inc. entered into Registration Rights Agreement with Investors valued at Registration rights for resale of Private Placement Shares and shares underlying Warrant (effective 2023-08-10).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Investors
- Value
- Registration rights for resale of Private Placement Shares and shares underlying Warrant
- Effective
- 2023-08-10
Exact text from the filing
In connection with the Private Placement, the Company and the Investors also entered into a Registration Rights Agreement, dated as of August 10, 2023 (the “Registration Rights Agreement”), providing for the registration for resale of the Private Placement Shares and shares of Common Stock underlying the Warrant (as defined below).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Archer Aviation Inc. entered into Technology Collaboration and Dispute Resolution Agreement with The Boeing Company and Wisk Aero LLC valued at Autonomous flight collaboration, warrant issuance to Wisk, and litigation resolution (effective 2023-08-10).
- Action
- entry
- Agreement
- collaboration
- Counterparty
- The Boeing Company and Wisk Aero LLC
- Value
- Autonomous flight collaboration, warrant issuance to Wisk, and litigation resolution
- Effective
- 2023-08-10
Exact text from the filing
On August 10, 2023, the Company, The Boeing Company (“Boeing”) and Wisk Aero LLC (“Wisk”) entered into an agreement that provides for, among other things, certain investments by Boeing into the Company, an autonomous flight collaboration between the parties, the issuance of certain warrants to Wisk, and resolution of the federal and state court litigation between the parties (the “Agreement”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Archer Aviation Inc. entered into Subscription Agreement with accredited investors valued at 26,173,286 shares of Class A common stock at $5.54 per share, gross proceeds approx. $145.0 million (effective 2023-08-10).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- accredited investors
- Value
- 26,173,286 shares of Class A common stock at $5.54 per share, gross proceeds approx. $145.0 million
- Effective
- 2023-08-10
Exact text from the filing
On August 10, 2023, Archer Aviation Inc. (“Archer” or the “Company”) entered into subscription agreements (the “Subscription Agreements”) with certain accredited investors (the “Investors”) pursuant to which the Company agreed to sell and issue to the Investors in a private placement (the “Private Placement”) an aggregate of 26,173,286 shares (the “Private Placement Shares”) of the Company’s Class A common stock, par value $0.0001 per share (the “Common Stock”), at a purchase price of $5.54 per share (the “PIPE Share Price”).
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