Archer to Participate at the IPO Edge Forum: Air Mobility – Investing in the Flight of the Future
February 19 2021 - 5:33PM
Archer, a leading Urban Air Mobility (“UAM”) company and developer
of all-electric vertical take-off and landing (“eVTOL”) aircraft,
announced today that Co-founders Adam Goldstein and Brett Adcock
will participate in the IPO Edge Forum: Air Mobility – Investing in
the Flight of the Future. The approximately 60-minute event will be
held Monday, February 22nd at 1:00 p.m. ET. To register for the
forum, please click here.
The live webcast, hosted in partnership with Nasdaq and The Palm
Beach Hedge Fund Association, will include a panel discussion
followed by a live Q&A session.
The panel will cover the following topics:
- Plans for widespread use of air taxis
and other electric aircraft
- Regulatory considerations
- SPACs and other paths to the public
markets
Panelists include:
- Brett Adcock and Adam Goldstein
Co-Founders / Co-CEOs, Archer Aviation
- Mark Moore, Co-founder of Uber Elevate and former Engineering
Director of Aviation, Uber Technologies, Inc.
- Mike Leskinen, VP of Corp. Development & IR, United
Airlines Holdings, Inc.
- Jack Cassel, Vice President, New Listings and Head of Private
Capital Markets, Nasdaq, Inc.
- Marion C. Blakey, former President
and Chief Executive Officer of Rolls-Royce North America Inc.
(RRNA), former Administrator of the Federal Aviation Administration
(FAA) and current member of the Board of Directors of Alaska
Airlines.
Archer’s recently announced merger with Atlas Crest Investment
Corporation (NYSE: ACIC) and a $1bn commercial order from United
Airlines, valuing the company at $3.8 billion, puts Archer in prime
position to integrate UAM as part of cities’ future transportation
networks.About ArcherArcher’s mission is to
advance the benefits of sustainable air mobility. Archer is
creating the world’s first electric airline that moves people
throughout the world's cities in a quick, safe, sustainable, and
cost-effective manner. As the world’s only vertically integrated
airline company, Archer is designing and developing electric
vertical takeoff and landing (eVTOL) aircraft for use in Urban Air
Mobility that can carry passengers for 60 miles at speeds of up to
150 mph while producing minimal noise. Archer's team is based in
Palo Alto, CA. To learn more, visit www.archer.com.About
Atlas CrestAtlas Crest Investment Corp. (NYSE: ACIC) is a
special purpose acquisition company formed for the purpose of
effecting a merger, stock purchase or similar business combination
with one or more businesses and is sponsored by an affiliate of
Moelis & Company, a leading global financial advisor to
corporate executives, boards, entrepreneurs, financial sponsors and
governments. The management team is led by Ken Moelis, Chairman,
and Michael Spellacy, Chief Executive Officer, both of whom have
had careers centered around identifying, evaluating and
implementing organic and inorganic transformational growth and
value creation initiatives across a broad range of industries.
Atlas Crest priced its $500 million initial public offering on
October 27, 2020.Important Information for Investors and
ShareholdersIn connection with the proposed transaction,
Atlas Crest will file a registration statement on Form S-4,
including a proxy statement, with the SEC. Additionally, Atlas
Crest will file other relevant materials with the SEC in connection
with the business combination. Stockholders will also be able to
obtain copies of such documents, without charge, once available, at
the SEC's web site at www.sec.gov. Security holders of Atlas Crest
are urged to read the registration statement / proxy statement and
the other relevant materials when they become available before
making any voting decision with respect to the proposed business
combination because they will contain important information about
the business combination and the parties to the business
combination. The information contained on, or that may be accessed
through, the websites referenced in this press release is not
incorporated by reference into, and is not a part of, this press
release.Participants in the SolicitationAtlas
Crest and their respective directors and officers may be deemed
participants in the solicitation of proxies of Atlas Crest’s
stockholders in connection with the proposed business combination.
Security holders may obtain more detailed information regarding the
names, affiliations and interests of certain of Atlas Crest’s
executive officers and directors in the solicitation by reading
Atlas Crest’s registration statement / proxy statement and other
relevant materials filed with the SEC in connection with the
business combination when they become available. Information
concerning the interests of Atlas Crest's participants in the
solicitation, which may, in some cases, be different than those of
their stockholders generally, will be set forth in the proxy
statement relating to the business combination when it becomes
available.No Offer or SolicitationThis press
release does not constitute an offer to sell or the solicitation of
an offer to buy any securities, or a solicitation of any vote or
approval, nor shall there be any sale of securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. No offering of securities
shall be made except by means of a prospectus meeting the
requirements of section 10 of the Securities Act, or an exemption
therefrom.For
Investorsinvestors@flyarcher.comFor
MediaLouise BristowC: 818 398
8091louise@flyarcher.comarcher@launchsquad.com
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