Summary by Futu AI
Lilium N.V., an electric aircraft company listed on NASDAQ under the ticker LILM, has announced an Extraordinary General Meeting of shareholders to be held on May 30, 2024. The meeting will take place in Amsterdam at the offices of Freshfields Bruckhaus Deringer LLP. In conjunction with this announcement, Lilium has also entered into a Standby Equity Purchase Agreement with YA II PN, Ltd., commonly known as Yorkville, on May 3, 2024. This agreement grants Lilium the right to sell up to $150 million of its class A ordinary shares to Yorkville over a three-year period, subject to certain conditions and limitations. The company has the discretion to decide the timing and amount of shares to be sold, with the caveat that Yorkville's...Show More