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Broadstone Acquisition Corporation (BSN) Adds $205M to Vertical Deal

Broadstone Acquisition Corporation (BSN) Adds $205M to Vertical Deal

Broadstone (NYSE:BSN) announced this morning that it has lined up $205 million in additional funding for its combination with electric airplane-maker Vertical Aerospace (“Vertical”). This new cash will come in the form of $200 million in convertible senior secured notes bought by Mudrick Capital and a $5 million investment from Kouros into the PIPE. This
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