„flyExclusive“, pirmaujanti aukščiausios kokybės privačių užsakomųjų skrydžių paslaugų teikėja, ir „EG Acquisition Corp.“, specialios paskirties įsigijimo bendrovė (SPAC), remiama „EnTrust Global“ ir „GMF Capital“, šiandien paskelbė, kad sudarė galutinę verslo jungimo sutartį.
Under the terms of the agreement, flyExclusive and EG Acquisition Corp. will combine into a new company that is expected to be listed on the New York Stock Exchange and will adopt flyExclusive as the corporate operating brand. flyExclusive founder and CEO Jim Segrave will lead the combined company.
The transaction, once completed, will provide flyExclusive with significant additional capital to continue its growth, better serve customers and execute its strategic plan to become the nation’s first fully vertically integrated private aviation company.
flyExclusive’s leadership team will retain control of the company, ensuring a generational company will continue to grow in Kinston, NC. In addition, certain sovereign wealth and U.S. institutional investors are providing $85 million to flyExclusive, via the purchase of convertible notes that were entered into simultaneously with the signing of the business combination agreement.
The notes will convert into shares of the combined company upon the consummation of the business combination at a price of $10 per share (subject to adjustment in certain instances). The $85 million from the notes is expected to be primarily used by flyExclusive for the acquisition of additional aircraft and for related expenses.
