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

SEC announcement ·  Mar 8 16:37
Summary by Moomoo AI
Stellantis N.V., a major shareholder in Archer Aviation Inc., has completed a series of open market purchases of Class A Common Stock, significantly increasing its stake in the company. The transactions, which took place between March 4, 2024, and March 7, 2024, involved the acquisition of a total of 3,603,583 shares. On March 4, Stellantis bought 930,000 shares at $4.5132 each, followed by 900,000 shares at $4.2243 on March 5, 1,073,583 shares at $4.3217 on March 6, and 700,000 shares at $4.2799 on March 7. Following these purchases, Stellantis now holds a total of 34,651,720 shares of Archer Aviation. The transactions reflect Stellantis's growing investment in the aviation company, with the total value of the acquired shares ranging from $4.2243 to $4.5132 per share.
Stellantis N.V., a major shareholder in Archer Aviation Inc., has completed a series of open market purchases of Class A Common Stock, significantly increasing its stake in the company. The transactions, which took place between March 4, 2024, and March 7, 2024, involved the acquisition of a total of 3,603,583 shares. On March 4, Stellantis bought 930,000 shares at $4.5132 each, followed by 900,000 shares at $4.2243 on March 5, 1,073,583 shares at $4.3217 on March 6, and 700,000 shares at $4.2799 on March 7. Following these purchases, Stellantis now holds a total of 34,651,720 shares of Archer Aviation. The transactions reflect Stellantis's growing investment in the aviation company, with the total value of the acquired shares ranging from $4.2243 to $4.5132 per share.
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