BackSummary
Archer Aviation filed a prospectus supplement for resale of 3,266,870 shares and will issue up to $8 million in shares to vendors.
Key takeaways
- Resale of 3,266,870 shares of Class A common stock by selling stockholders.
- Issuance of up to $8 million in Vendor Shares to service providers.
- Legal opinions from Fenwick & West LLP filed as exhibits.
- Shares are validly issued, fully paid, and nonassessable per counsel.