Lilium, the German flying taxi startup, today announced plans to list on Nasdaq via a reverse merger with Qell Acquisition Corp, a special acquisition company run by Barry Engle, former president of General Motors North America. The deal will raise $830m for the company and value the business at $3.3bn.
News
March 30, 2021
Lilium to list on Nasdaq via a $3.3bn SPAC
German flying taxi company unveils 7-seater aircraft and plans for a 2024 commercial launch
3 min read
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