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B. Riley Securities Serves as Sole Bookrunner on Lilium N.V.’s $114MM Financing

June 11, 2024, 06:00 AM
Filed Under: Aviation

B. Riley Securities served as sole bookrunner and underwriter to Lilium N.V., developer of the first all-electric vertical take-off and landing (“eVTOL”) jet and a global pioneer in Regional Air Mobility (RAM).  

Matt Feinberg, Managing Director at B. Riley Securities, commented, “Our team is thrilled to once again partner with Lilium to deliver this timely solve, enabling the Company to focus on achieving the first manned flight of the Lilium Jet later this year."
 
Lilium is creating a sustainable and accessible mode of high-speed, regional transportation for people and goods. Using the Lilium Jet, an all-electric vertical take-off and landing jet, designed to offer leading capacity, low noise, and high performance with zero operating emissions, Lilium is accelerating the decarbonization of air travel. Lilium’s 1000+ strong team includes approximately 500 aerospace engineers and a leadership team responsible for delivering some of the most successful aircraft in aviation history.  For more information, visit www.lilium.com.  

B. Riley's investment banking team was led by Patrice McNicoll and Matt Feinberg and included John Stack and Mason Boh. Our capital markets team was led by Jimmy Baker and included Ryan Aceto, Dawn Farrell, Kathy Innis and Sam Cook.





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