---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-034727"
form_type: "8-K"
ticker: "ACHR"
cik: "0001824502"
company_name: "Archer Aviation Inc."
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T18:52:05.266100+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Archer Aviation issues 12.3M shares to Stellantis at $5.68 for $70M gross proceeds

## Summary
- Issued 12,313,234 shares of Class A common stock to Stellantis N.V. on October 16, 2023.
- Price per share $5.68; gross proceeds approximately $70 million.
- Drawdown under Milestone 2 of Forward Purchase Agreement dated January 3, 2023.
- Issuance exempt from registration under Section 4(a)(2) of the Securities Act of 1933.

## SEC filing metadata
- accession: 0001628280-23-034727
- form_type: 8-K
- ticker: ACHR
- cik: 0001824502
- company_name: Archer Aviation Inc.
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824502/000162828023034727/0001628280-23-034727-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824502/000162828023034727/achr-20231016.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-034727
- JSON: https://secwatch.observer/filing/0001628280-23-034727.json
- Plain text: https://secwatch.observer/filing/0001628280-23-034727.txt

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