Vertical Aerospace Adopts New Governance Structure

Vertical Aerospace (EVTL) has released an update.

Vertical Aerospace Ltd. has announced updates to its corporate governance, with the adoption of the Third Amended and Restated Memorandum and Articles of Association, which were approved by special resolutions on September 16 and 30, 2024. The company’s authorized share capital is set at $110,000, divided into ordinary and preferred shares, underscoring its growth strategy and compliance with Cayman Islands’ corporate regulations.

For further insights into EVTL stock, check out TipRanks’ Stock Analysis page.