---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-028928"
form_type: "8-K"
ticker: "ACHR"
cik: "0001824502"
company_name: "Archer Aviation Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T18:55:53.563713+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Archer secures $215M investment, FAA certifies Midnight, settles Boeing/Wisk litigation

## Summary
- Secured $215M equity investment from Stellantis, Boeing, United Airlines, ARK Invest and others.
- Midnight aircraft received FAA Special Airworthiness Certificate; flight testing to begin soon.
- On track to deliver Midnight to U.S. Air Force later 2023/early 2024 in first eVTOL customer delivery.
- Q2 2023 GAAP net loss of $184.1M; cash and short-term investments of $407.6M.
- Agreement with Boeing/Wisk to end litigation and collaborate on autonomous flight technology.

## SEC filing metadata
- accession: 0001628280-23-028928
- form_type: 8-K
- ticker: ACHR
- cik: 0001824502
- company_name: Archer Aviation Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.02, 3.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824502/000162828023028928/0001628280-23-028928-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824502/000162828023028928/achr-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-028928
- JSON: https://secwatch.observer/filing/0001628280-23-028928.json
- Plain text: https://secwatch.observer/filing/0001628280-23-028928.txt

## Key facts
- Material Agreements
  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
  source text: 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).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1824502/000162828023028928/0001628280-23-028928-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1824502/000162828023028928/0001628280-23-028928-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1824502/000162828023028928/0001628280-23-028928-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.