---
title: "Vertical Aerospace signs shareholder agreement granting Mudrick Capital expanded board nomination rights"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295786867.md"
description: "Vertical Aerospace signed a shareholder agreement with Mudrick Capital, expanding its board to nine seats. Mudrick gains nomination rights for at least one director while holding 10% or more of shares. The board size cannot exceed nine without Mudrick's consent if it owns 25% or more. Vertical must call a shareholder meeting by Sept. 15, 2026, to approve articles amendments. The agreement terminates upon adoption of amendments or if Mudrick's ownership falls below 10%."
datetime: "2026-08-13T11:05:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295786867.md)
  - [en](https://longbridge.com/en/news/295786867.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295786867.md)
---

# Vertical Aerospace signs shareholder agreement granting Mudrick Capital expanded board nomination rights

-   Vertical Aerospace signed a shareholder agreement with Mudrick Capital to expand the board to nine seats. \* Mudrick gains nomination rights tied to its ownership, with at least one Mudrick-linked director while it holds at least 10%. \* Board size cannot rise above nine without Mudrick consent while Mudrick owns at least 25% of ordinary shares. \* Company must call a shareholder meeting by Sept. 15, 2026 to seek approval of articles amendments. \* Agreement terminates when the articles amendments are adopted or when Mudrick ownership falls below 10%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vertical Aerospace Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-095429), on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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