Archer Aviation files to resell 3.3 million shares, issues $8 million in stock
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Archer Aviation Inc. (NYSE: ACHR) filed a prospectus supplement with the Securities and Exchange Commission on May 14, 2026, for the resale of 3,266,870 shares of Class A common stock. The shares were issued to selling stockholders pursuant to stock purchase agreements executed on May 13, 2026.
The prospectus supplement is part of the company's Registration Statement on Form S-3, originally filed with the SEC on February 11, 2025.
Archer Aviation will issue up to $8 million worth of Class A common stock shares on May 19, 2026, to pay certain vendors for services and goods. These vendor shares are being offered under the same registration statement and prospectus supplement dated May 14, 2026.
The information is based on the company's SEC filing statement.
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