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Archer Aviation | 4: Statement of changes in beneficial ownership of securities-10% Owner Stellantis N.V.

SEC announcement ·  Mar 19 04:22
Summary by Futu AI
Stellantis N.V., a major shareholder in Archer Aviation Inc., has completed a series of open market purchases of Class A Common Stock, as reported on March 14 and 15, 2024. The transactions involved the acquisition of a total of 1,500,000 shares, with individual purchases ranging from 9,500 to 740,500 shares per transaction. Prices for these acquisitions varied between $4.9248 and $5.1955 per share. Following these transactions, Stellantis N.V. now directly holds a total of 39,351,720 shares in Archer Aviation. The total value of the shares acquired during this period is not disclosed, but the transactions reflect a significant investment in the company by Stellantis N.V.
Stellantis N.V., a major shareholder in Archer Aviation Inc., has completed a series of open market purchases of Class A Common Stock, as reported on March 14 and 15, 2024. The transactions involved the acquisition of a total of 1,500,000 shares, with individual purchases ranging from 9,500 to 740,500 shares per transaction. Prices for these acquisitions varied between $4.9248 and $5.1955 per share. Following these transactions, Stellantis N.V. now directly holds a total of 39,351,720 shares in Archer Aviation. The total value of the shares acquired during this period is not disclosed, but the transactions reflect a significant investment in the company by Stellantis N.V.
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