Eve Holding, Inc. announced that it has entered into a subscription agreement with certain investors to issue 23,500,000 newly issued shares of common stock of the Company, par value $0.001 per share at a purchase price of $4 per share for the gross proceeds of $94,000,000 on June 28, 2024. The issuance of 3,318,588 shares of Common Stock of the Company in exchange for the surrender and cancellation of warrants to acquire an aggregate of 8,296,470 shares of common stock of the Company and the granting of warrants to acquire an aggregate of 2,500,000 shares of common stock of the Company to certain investors. Of this amount, $30 million in gross proceeds are expected to be received from Embraer Aircraft Holding, Inc. for 7,500,000 newly issued shares of Common Stock and warrants to acquire 1,500,000 shares of Common Stock as part of the Private Placement.