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Archer Aviation

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Atlas Crest Investment Corp, listed under the ticker ACIC and sponsored by Atlas Crest Partners — the vehicle associated with veteran investment banker Ken Moelis — completed its business combination with Archer Aviation, an electric vertical takeoff and landing aircraft developer focused on urban air mobility. Atlas Crest went public in 2020 and announced the Archer deal in February 2021, targeting the aerospace and emerging air mobility sector. The transaction has since closed, with Archer Aviation continuing as a publicly traded company on the New York Stock Exchange under the ticker ACHR. For complete deal data, SEC filings, and analytics on ACIC and hundreds of other SPACs, sign up for full access at SpacDesk.

Announced
2021-02-10
Closed
2021-09-22
PIPE Raised
$500M–1B
Industry
Aerospace / Space

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
ACICAtlas Crest Investment CorpClosed2021-02-102021-09-22$600.0M$600.0MAtlas Crest Investment LLC