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Vertical Aerospace stock: Farnborough flight, UK support and dilution

Vertical Aerospace completed a public transition flight at Farnborough and entered advanced discussions on up to £10 million of additional UK support. SEC filings show ordinary shares rose from 22.125 million at the end of 2023 to at least 132.679 million by 6 May 2026. An unchanged 100-share holding fell from US$688 on 29 December 2023 to US$160 on 20 July 2026, a 76.7% market-value decline across all effects. Its percentage ownership fell at least 83.3%. A July prospectus also registers up to US$500 million of shelf capacity with no committed funding or fixed share count.