Vertical Aerospace Ltd NYSE: EVTL
On October 23, 2026, Vertical Aerospace Ltd. (NYSE: EVTL) disclosed in a regulatory Form 6--K filing with the SEC that its primary secured creditor, Mudrick Capital Management, L.P., filed a Schedule 13D amendment. The disclosure revealed that Mudrick Capital submitted a proposal to Vertical's Board of Directors regarding a potential financing transaction intended to resolve the company's immediate capital and liquidity requirements, as existing cash reserves remain under pressure. Vertical stated that it does not comment on ongoing discussions with stakeholders regarding the proposal.