---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-031177"
form_type: "8-K"
ticker: "ACHR"
cik: "0001824502"
company_name: "Archer Aviation Inc."
filed_at: "2024-07-03T23:59:59+00:00"
generated_at: "2026-05-31T23:34:14.749331+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Archer Aviation issues 17.4M shares to Stellantis for $55M gross proceeds

## Summary
- Drew remaining $55.0M under Forward Purchase Agreement with Stellantis dated Jan 3, 2023.
- Issued 17,401,153 shares of Class A common stock at $3.16071 per share on July 1, 2024.
- Issuance exempt from registration under Section 4(a)(2) of the Securities Act.
- Proceeds support general corporate purposes; Stellantis is existing strategic partner.

## SEC filing metadata
- accession: 0001628280-24-031177
- form_type: 8-K
- ticker: ACHR
- cik: 0001824502
- company_name: Archer Aviation Inc.
- filed_at: 2024-07-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824502/000162828024031177/0001628280-24-031177-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824502/000162828024031177/achr-20240627.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-031177
- JSON: https://secwatch.observer/filing/0001628280-24-031177.json
- Plain text: https://secwatch.observer/filing/0001628280-24-031177.txt

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