# Vertical Aerospace to go public via merger with Broadstone Acquisition Corp.

Vertical Aerospace, a UK eVTOL aircraft developer, has entered a definitive agreement to merge with SPAC Broadstone Acquisition Corp., with a pro forma equity value of $2.2 billion, expected to close in H2 2021.

- Type: Acquisition
- Announced: 2021-06-10
- Where: United Kingdom
- Status: announced
- Products: eVTOL aircraft
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Vertical Aerospace](https://endata.com/companies/32094.md)
- [Vertical Aerospace](https://endata.com/companies/32094.md) (target)
- [Broadstone Acquisition Corp.](https://endata.com/companies/55772.md) (acquirer)

## Sources

- [vertical-aerospace.com](https://vertical-aerospace.com/news/vertical-aerospace-announces-intention-to-become-publicly-traded-company-via-merger-with-broadstone-acquisition-corp-2/), 2021-06-10: "Vertical Aerospace has entered into a definitive agreement for a business combination with Broadstone Acquisition Corp."
- [prnewswire.co.uk](https://www.prnewswire.co.uk/news-releases/vertical-aerospace-announces-intention-to-become-publicly-traded-company-via-merger-with-broadstone-acquisition-corp--845644081.html), 2021-06-10: "Vertical Aerospace has entered into a definitive agreement for a business combination with Broadstone Acquisition Corp."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1815805/000110465921080043/tm2119416d1_425.htm), 2021-06-11: "Vertical Aerospace Announces Intention to become Publicly Traded Company via Merger with Broadstone Acquisition Corp."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.