LOS
ANGELES, June 10, 2024 -- B. Riley Securities, Inc. ("B. Riley"), a leading middle market
investment bank, is pleased to have served as sole bookrunner and
underwriter to Lilium N.V. (NASDAQ: LILM) ("Lilium"), 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. Read more about the transaction here.
About
B. Riley Securities
B. Riley has served as a preeminent fixture in middle market brokerage and
investment banking for over 25 years. We provide a full suite of investment
banking and capital markets services to companies, financial sponsors, and
institutional investors across all industry verticals. Investment banking
services include initial, secondary and follow-on offerings, institutional
private placements, merger and acquisition (M&A) advisory, SPACs, debt
financings, corporate restructuring and recapitalization. Widely recognized for
our thematic proprietary equity research, clients benefit from B. Riley's
extensive network, industry expertise, and proven execution capabilities of our
end-to-end financial services platform. Please see disclosures about B. Riley
Securities Research here. The firm is a
subsidiary of B. Riley Financial (Nasdaq: RILY). For more information, visit www.brileysecurities.com.
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