Fenwick Represents Archer in its $850M Financing

Fenwick represented Archer Aviation Inc. (NYSE: ARCH), a leading designer and developer of electric vertical takeoff and landing (eVTOL) aircraft and technologies for the future of aviation, in its $850 million registered direct offering, following the White House’s announcement last week of an Executive Order by President Trump to implement an eVTOL Integration Pilot Program in the United States. This program is focused on accelerating the deployment of eVTOL aircraft in the U.S.

Archer will use the proceeds from the offering to strengthen its financial position with new capital, enabling the company to advance its engineering, certification, and commercialization efforts both domestically and internationally. More information can be obtained from Archer’s announcement.

The Fenwick transaction team was led by corporate partners Patrick Grilli, Ran Ben-Tzur and Aman Singh, and included associates Arielle Trapp, Christian Choi, Sam Lim and Sydney Everett.