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Munich and San Francisco, May 21, 2021 /PRNewswire/-Lilium GmbH (“Lilium”) is positioned as a global leader in regional electric air transportation. With the development of its electric vertical take-off and landing aircraft, today announced that it will participate in the JP Morgan conference.Members of its management team will attend Wednesday, May 26 2:10 PM Eastern Time.
The real-time webcast and demo replay can be carried out through Lilium’s investor relations website (http://www.lilium.com/). https://lilium.com/investors.
About Lily
Lilium’s vision is to create a sustainable and convenient high-speed regional transportation method. By using 7-seater Lilium Jet, which is an electric vertical take-off and landing aircraft with leading production capacity, low noise and high performance, Lilium is building a transportation network and services for people and goods. The plan is to cooperate with leaders in the aerospace, technology and infrastructure fields, and commercial operations are planned to start in 2024. Lilium’s strong team of more than 600 includes approximately 400 aerospace engineers and a leadership team responsible for delivering some of the most successful aircraft in aviation history. Lilium was established in 2015, and its headquarters and manufacturing plant are located in Munich Germany, Its team spreads all over Europe And the U.S. For more information, please visit www.lilium.com
About Kyle
Formed in San Francisco in August 2020, Qell Acquisition Corp. (NASDAQ:QELL) Is a special purpose publicly traded acquisition company that aims to invest in high-growth businesses in the next generation of mobility, transportation or sustainable industrial technology markets.The management team consists of Barry Engel with Sam Gabbita, Has a wealth of experience and network in established companies and emerging technology companies in the target industry.
Forward-looking statements
This press release contains certain forward-looking statements as defined by the federal securities laws, including but not limited to statements regarding the proposed business and business model of Lilium, Qell and Lilium NV, the market and industry in which Lilium, Qell are located. Lilium NV (collectively referred to as the “Lilium Group”) intends to operate, the expected time for the commercialization and start-up of Lilium Group’s business and company officers and directors These forward-looking statements are usually composed of “believe”, “project”, “expectation”, “anticipation”, “estimate”, “plan”, “strategy”, “future”, “opportunity”, “plan”, “””” May”, “should”, “will”, “will”, “will”, “will continue”, “may occur” and similar expressions. Such statements are based on management’s beliefs or interpretations of currently available information. Forward-looking statements are predictions, forecasts and other statements about future events, these statements are based on management’s current expectations for future events, based on assumptions, and are subject to risks and uncertainties, and may change at any time. Lilium Group Operating in a rapidly changing emerging industry. New risks arise every day. Taking into account these risks and uncertainties, you should not rely or overly rely on these forward-looking statements. Actual events or results may differ from those contained in forecasts or forward-looking statements There are significant differences in events or results.
Many factors may cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to the following risks: (i) With Qell Acquisition Corp. (“Qell”) the business combination may not be completed in time or at all; (ii) the business combination may not be completed before Qell’s business combination deadline, and if Qell seeks it, it may not be possible to extend the business combination deadline; (Iii) The two parties did not meet the conditions for completing the business combination, for example, Qell shareholders or Lilium shareholders did not adopt the business combination agreement, failed to meet the minimum trust account amount after redemption by Qell’s public shareholders, or failed to obtain the necessary government and regulatory authorities (Iv) The impact of COVID-19 on Lilium’s business or business combination; (v) Baihe Group is capable of executing business plans, operating models, forecasts and other expectations, and identifying and realizing other business opportunities; (vi) Lilium Group and Its current and future business partners have failed to successfully develop and commercialize Lilium Group’s business, or its capabilities have been seriously delayed; (vii) Lilium Group’s inability to ensure or protect its intellectual property rights; (viii) Business merger announcements or The impact of outstanding matters on Lilium Group’s business relations, performance and overall operations; (ix) The result of any legal proceedings related to business combinations proposed by Qell or Lilium Group. The aforementioned list of factors is not exhaustive. Forward-looking statements only represent the date of their publication. You are reminded not to rely too much on forward-looking statements, and Lilium Group assumes no obligation and does not intend to update or revise these forward-looking statements due to new information, future events or other reasons. A further list and description of risks, uncertainties and other matters can be found in the registration statement (see below for definitions), including those risks outlined in the “risk factors”, as well as subsequent filings with the US Securities and Exchange Commission, all of them Information is available.in www.sec.gov. This warning statement expressly states all forward-looking statements attributable to Lilium or anyone acting on its behalf.
Important information about business combinations and where to find
Lilium BV’s registration statement (“Registration Statement”) submitted to the SEC provides a complete description of the business combination terms, which is then converted to Netherlands A public limited liability company (naamloze vennootschap) (“Lilium NV”), which includes a prospectus for Lilium NV securities issued in connection with a business combination and a portfolio of proxy statements related to the Qell shareholders meeting to vote on the business. Qell urges its investors, shareholders and other stakeholders (if any) to carefully read the preliminary power of attorney/prospectus filed with the SEC and the documents incorporated by reference, as these documents will contain information about Qell, Lilium and business combinations Important information. After the registration statement is declared valid, the voting date on the business combination will be made on the determined record date, and the final power of attorney/prospectus to be included in the registration statement will be mailed to Qell shareholders. Shareholders can directly report to Qell, info@qellspac.com. These documents will also be available on Qell’s website. The preliminary and final power of attorney/prospectus to be included in the “Registration Statement” can also be obtained free of charge on the SEC website (www.sec.gov).
Participate in the solicitation process
Qell, Lilium, Lilium NV and their respective directors and executive officers can be regarded as participants in the agency of Qell shareholders for business combinations. The list of the names of these directors and executive officers and their description of their interests in Qell have been archived in the registration statement, including proxy statements/prospectus, for business mergers, and can be obtained free of charge from the following website: www.sec.gov.
No offer or solicitation
This press release does not constitute an invitation to agent, agree or authorize any securities or business combination. This press release does not constitute an offer to sell or an offer to purchase any securities, and states or jurisdictions that have not registered or banned illegal offers before any offer, offer or sale shall also not conduct any securities sales. Qualifications required by the securities laws of such jurisdictions. Except through a prospectus that complies with Article 10 of the Securities Act of 1933 (as amended), no securities issuance shall be conducted.
Investor contact information
Bjoern Scheib, Fyncon (for Lily)
+49 176 417 57 335
bjoern.scheib@fyncon.com
Mark Rogers, Blueshirt Group (for Lilium)
415.710.6950
investors@lilium.com
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