GEM commits to invest up to $100M in Skyworks Aeronautics; commercialization of eVTOL gyroplanes
Green Car Congress
FEBRUARY 6, 2021
announced a $100-million investment commitment from GEM Global Yield LLC SCS, a Luxembourg-based private alternative investment group. Skyworks Aeronautics Corp. Concurrent with a public listing of Skyworks Aeronautics shares, Skyworks Aeronautics will issue warrants to GEM to purchase up to 3% of the common stock of the company.
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