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Vertical Aerospace (Broadstone Acquisition) Priced, NYSE: EVTL

Blank check company formed by Sun Capital Partners targeting a stressed business in the UK and Europe (completed 12/16/2021).

Industry: SPAC

First Day Return: -1.4%

We are a newly incorporated blank check company. We believe that the market dislocation as a result of the Coronavirus pandemic has created compelling opportunities. While we may acquire a business or company in any industry, our focus will be on fundamentally sound but stressed businesses in the UK and Europe. Even in normal markets, sound businesses can underperform due to underinvestment, over-levered capital structures, excessive cost structures, incomplete management teams, or suboptimal business strategies. We believe that the Coronavirus pandemic will create an unusually large number of attractive and undervalued acquisition opportunities in the UK and Europe, as target businesses suffer from financial indebtedness and a lack of equity funding alternatives. Our management team has extensive experience in identifying, sourcing and executing such acquisitions, and hands-on experience working with companies as active owners and directors to unlock their full potential. We believe the current market in the UK and Europe creates significant opportunities for us to identify a target business that will benefit from our management team’s skill set as well as the cash infusion and access to the public markets through a business combination.

Vertical Aerospace (Broadstone Acquisition) (EVTL) Performance

Created with Highcharts 10.3.2Chart context menuEVTL vs. IPO Index (IPOUSA)Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025-50%0%+ 50%-100%+ 100%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index