GEM commits to invest up to $100M in Skyworks Aeronautics; commercialization of eVTOL gyroplanes
Green Car Congress
FEBRUARY 6, 2021
Skyworks Aeronautics Corp. announced a $100-million investment commitment from GEM Global Yield LLC SCS, a Luxembourg-based private alternative investment group. Under the agreement, GEM will provide Skyworks Aeronautics with a Share Subscription Facility of up to $100 million for a 36-month term following a public listing of the Skyworks Aeronautics common stock.
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