Lilium N.V. has established an at-market equity offering program to sell up to $100 million of Class A ordinary shares through B. Riley Securities. Initially, $33 million will be offered under the existing shelf registration, with the remaining $67 million pending new registration effectiveness. The sales agreement includes monthly and quarterly caps of $10 million and $30 million respectively.Under the agreement, B. Riley will receive a 3% commission for agency-based sales and 5% for principal-based transactions. The program requires the company's market capitalization to remain above $200 million during issuance. The agreement will terminate upon completion of share sales or as otherwise permitted.Lilium expects to fund its operations until type certification and service entry through multiple sources, including existing cash, debt instruments, government support, and customer pre-delivery payments. The company continues to evaluate strategic opportunities with potential partners, including joint ventures and strategic partnerships, which may involve additional share issuances.

Lilium N.V. has established an at-market equity offering program to sell up to $100 million of Class A ordinary shares through B. Riley Securities. Initially, $33 million will be offered under the existing shelf registration, with the remaining $67 million pending new registration effectiveness. The sales agreement includes monthly and quarterly caps of $10 million and $30 million respectively.Under the agreement, B. Riley will receive a 3% commission for agency-based sales and 5% for principal-based transactions. The program requires the company's market capitalization to remain above $200 million during issuance. The agreement will terminate upon completion of share sales or as otherwise permitted.Lilium expects to fund its operations until type certification and service entry through multiple sources, including existing cash, debt instruments, government support, and customer pre-delivery payments. The company continues to evaluate strategic opportunities with potential partners, including joint ventures and strategic partnerships, which may involve additional share issuances.