---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-036205"
form_type: "8-K"
ticker: "ACHR"
cik: "0001824502"
company_name: "Archer Aviation Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:10:43.423175+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Archer raises $175M PIPE at $3.35/sh; Stellantis commits up to $400M for manufacturing

## Summary
- Raised $175M from institutional investors and $55M from Stellantis (July 1) for total $230M since Q2 end.
- Stellantis to fund up to ~$370M in labor and ~$20M in CapEx to scale Midnight production to 650 aircraft/yr by 2030.
- Future Flight Global MOU for up to 116 Midnight aircraft worth up to $580M with pre-delivery payments.
- Delivered first Midnight to USAF for evaluation under AFWERX Agility Prime contract (up to $142M).
- Stockholder approval required for certain equity issuances to Stellantis under the manufacturing agreement.

## SEC filing metadata
- accession: 0001628280-24-036205
- form_type: 8-K
- ticker: ACHR
- cik: 0001824502
- company_name: Archer Aviation Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 2.02, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824502/000162828024036205/0001628280-24-036205-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824502/000162828024036205/achr-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-036205
- JSON: https://secwatch.observer/filing/0001628280-24-036205.json
- Plain text: https://secwatch.observer/filing/0001628280-24-036205.txt

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