Qell Acquisition Corp. (QELL)

NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Lilium N.V. ("Lilium" or the "Company") f/k/a Qell Acquisition Corp. (NASDAQ: LILM, LILMW, QELL, QELLU, QELLW) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Lilium securities between March 30, 2021 and March 14, 2022, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/lilm. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: (1) Lilium materially overstates the Lilium Jet’s design and capabilities; (2) Lilium materially overstates the likelihood for the Lilium Jet’s timely certification; (3) Lilium misrepresents its ability to obtain or create the necessary batteries for the Lilium Jet; (4) the SPAC-merger would not and did not generate enough cash to commercially launch the Lilium Jet; (5) Qell Acquisition Corp. did not engage in proper due diligence regarding the Merger; and (6) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/lilm or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Lilium you have until June 17, 2022, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Lilium N.V. ("Lilium" or the "Company") f/k/a Qell Acquisition Corp. (NASDAQ: LILM, LILMW, QELL, QELLU, QELLW) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Lilium securities between March 30, 2021 and March 14, 2022, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/lilm. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: (1) Lilium materially overstates the Lilium Jet’s design and capabilities; (2) Lilium materially overstates the likelihood for the Lilium Jet’s timely certification; (3) Lilium misrepresents its ability to obtain or create the necessary batteries for the Lilium Jet; (4) the SPAC-merger would not and did not generate enough cash to commercially launch the Lilium Jet; (5) Qell Acquisition Corp. did not engage in proper due diligence regarding the Merger; and (6) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/lilm or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Lilium you have until June 17, 2022, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

MUNICH and SAN FRANCISCO, Sept. 14, 2021 /PRNewswire/ -- Lilium GmbH ("Lilium"), positioned to be a global leader in regional electric air mobility, today announced that it has completed its business combination with Qell Acquisition Corp. ("Qell"), a publicly listed special purpose acquisition company (Nasdaq: QELL).

Vertical Aerospace: A Strong Contender In The eVTOL Market

MUNICH and SAN FRANCISCO, June 16, 2021 /PRNewswire/ -- Lilium GmbH ("Lilium"), positioned to be a global leader in sustainable regional air mobility, announced that Advisory Board member Dr. Thomas Enders will assume the role of Chairman of the Board of Directors of Lilium N.V. upon completion of Lilium's business combination with Qell Acquisition Corp ("Qell") (NASDAQ: QELL).

Lilium: What To Like And Not To Like

Lilium Aviation: A Leading Electric Air Mobility Company Is Going Public Via SPAC

An electric vertical take-off and landing jet company is going public via SPAC with a merger announced Tuesday morning. The SPAC Deal: Lilium announced a merger with Qell Acquisition Corp (NASDAQ: QELL), valuing the company at a pro forma equity value of $3.3 billion.

The SPAC craze continued on Tuesday as electric air-taxi startup Lilium said it would merge with Qell Acquisition Corp. in a deal worth $3.3 billion in pro forma equity value of the combined companies. Lilium is a German-based firm that is developing electric air-taxis that can vertically take-off and land. The firm is currently building a 7-seater jet that it expects to launch commercial operations for in 2024. According to Lilium, the electric taxi-jet has a projected cruise speed of 175 mph at 10,000 feet, and has a range of 155 miles.

MUNICH and SAN FRANCISCO, March 30, 2021 /PRNewswire/ -- Lilium GmbH ("Lilium") is positioned to be the global leader in regional electric air mobility. The 7-Seater Lilium Jet, an electric vertical take-off and landing jet, and Lilium's service for people and goods, enable sustainable, high-speed transportation.

There was a lot of SPAC merger news for investors to digest this week. For a quick refresher, dive in with InvestorPlace.

ArcLight (ACTC) stock is soaring higher on Tuesday following news that the SPAC plans to take Proterra public via a merger. The post ACTC Stock: 15 Things to Know About ArcLight and the Proterra SPAC Merger appeared first on InvestorPlace.

QELL stock is climbing higher once again as investors consider the possibility of a Proterra SPAC merger for Qell Acquisition. The post QELL Stock: Qell Shares Climb on Proterra SPAC Merger Rumors appeared first on InvestorPlace.

Qell Acquisition Corp SPAC Would Make Sense To Target EV Bus Maker Proterra