Eve raises $230M through share offering, lists on Brazilian stock market  

Eve Air Mobility, the advanced air mobility arm of aircraft maker Embraer, announced on August 14, 2025, that it has raised an additional US$230 million through a share offering. 

The Brazilian firm has issued 47,422,680 shares of common stock at $4.85 per share, which have been subscribed by BNDESPAR, a subsidiary of the Brazilian Development Bank (BNDES), its parent company, Embraer, and other unspecified, institutional investors. 

Another aspect of this corporate deal is that Eve, which was already listed on the Nasdaq, will also be listed on the Sao Paulo Stock Exchange. 

This dual listing in the US and Brazil will be possible through the subscription by BNDES of Brazilian Depositary Receipts (BDRs), which will trade locally in Brazil under the EVEB31 ticker. Each of these BDRs represent one share of common stock valued at R$26.21 (US$4.85). 

In addition to having access to fresh capital to continue on its path towards certification, with this share placement the eVTOL developer aims to further diversify its investor base going forward. 

The proceeds of this share offering will be used by Eve to pay for services performed in Brazil, and to cover other general corporate expenses, including financing operations. The company has not ruled out using part of this capital to engage in potential strategic acquisitions or repay debts.  

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