{"filing":{"accession_number":"0001104659-26-092942","cik":"0001867102","ticker":"EVTWF","company_name":"Vertical Aerospace Ltd.","form":"6-K","filing_date":"2026-08-10","report_date":"2026-08-07","primary_document":"tm2622435d1_6k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1867102/000110465926092942/tm2622435d1_6k.htm"},"events":[{"id":26292,"run_id":23883,"accession_number":"0001104659-26-092942","anchor_item_number":"EX-99.1","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"The term sheet discloses a $100 million comprehensive financing package, with the primary component being a $35 million issuance of Convertible Secured Notes by Vertical Aerospace to Mudrick Capital pursuant to an amended Securities Purchase Agreement. This creates a new direct financial obligation and constitutes a material debt issuance. While the document also includes equity components ($25 million Yorkville preferred shares and ~$35 million common equity offering) and governance changes, the core transaction is the creation of convertible debt obligations with specified terms (10%/12% PIK toggle interest, maturity December 2030, conversion rights at $1.30/share).","company_name":"Vertical Aerospace Ltd.","ticker":"EVTWF","filing_date":"2026-08-10","form":"6-K","submitted_at":null,"items":[{"id":27358,"accession_number":"0001104659-26-092942","item_number":"EX-99.1","item_title":"tm2622435d1_ex99-1.htm","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"The term sheet discloses a $100 million comprehensive financing package, with the primary component being a $35 million issuance of Convertible Secured Notes by Vertical Aerospace to Mudrick Capital pursuant to an amended Securities Purchase Agreement. This creates a new direct financial obligation and constitutes a material debt issuance. While the document also includes equity components ($25 million Yorkville preferred shares and ~$35 million common equity offering) and governance changes, the core transaction is the creation of convertible debt obligations with specified terms (10%/12% PIK toggle interest, maturity December 2030, conversion rights at $1.30/share).","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-08-10T10:16:49.689368+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":27358,"accession_number":"0001104659-26-092942","item_number":"EX-99.1","item_title":"tm2622435d1_ex99-1.htm","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"The term sheet discloses a $100 million comprehensive financing package, with the primary component being a $35 million issuance of Convertible Secured Notes by Vertical Aerospace to Mudrick Capital pursuant to an amended Securities Purchase Agreement. This creates a new direct financial obligation and constitutes a material debt issuance. While the document also includes equity components ($25 million Yorkville preferred shares and ~$35 million common equity offering) and governance changes, the core transaction is the creation of convertible debt obligations with specified terms (10%/12% PIK toggle interest, maturity December 2030, conversion rights at $1.30/share).","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-08-10T10:16:49.689368+00:00","company_name":"Vertical Aerospace Ltd.","ticker":"EVTWF","filing_date":"2026-08-10"}]}