Qell Acquisition Corp

Qell Acquisition Corp (Nasdaq: QELL) is a blank-check company sponsored by Qell Partners LLC, a firm led by Barry Engle, a former executive at General Motors and Ford Motor Company. The SPAC completed its initial public offering in October 2020, raising capital to pursue a business combination in the sustainable mobility and next-generation transportation sector. In March 2021, Qell announced a definitive agreement to merge with Lilium N.V., a Munich-based developer of electric vertical takeoff and landing aircraft, representing one of the more prominent eVTOL transactions of that SPAC cycle. The 10-Q filed on August 16, 2021 reflects the company's status in the period immediately preceding the close of that combination. Visit SpacDesk and sign up for full access to QELL's filings, deal terms, and comparable SPAC transaction data.