Financial Performance - The company reported a net loss of $11.8 million for the three months ended June 30, 2022, compared to a net loss of $2.4 million for the same period in 2021, representing a 388% increase in losses[18]. - The loss from operations for the six months ended June 30, 2022, was $26.3 million, compared to $4.6 million for the same period in 2021, representing a 471% increase[18]. - The net loss for the six months ended June 30, 2022, was $21,282,359, compared to a net loss of $4,631,746 for the same period in 2021, representing an increase in loss of approximately 359%[36]. - The company reported a total comprehensive loss of $11.8 million for the three months ended June 30, 2022, compared to a comprehensive loss of $2.4 million in the same period of 2021[22]. - The company reported a net loss of $11,781,618 for the three months ended June 30, 2022, compared to a net loss of $2,414,626 for the same period in 2021, representing an increase in loss of approximately 388%[165]. - The net loss per share for the three months ended June 30, 2022, was $(0.05), compared to $(0.01) for the same period in 2021, indicating a significant decline in earnings[165]. Assets and Liabilities - Total current assets increased significantly to $331.2 million as of June 30, 2022, compared to $14.6 million at December 31, 2021[14]. - Total liabilities rose to $20.4 million as of June 30, 2022, from $2.2 million at December 31, 2021, marking a 820% increase[14]. - The company’s total stockholders' equity reached $310.8 million as of June 30, 2022, compared to $13.1 million at December 31, 2021, reflecting a substantial increase[15]. - Cash and cash equivalents at the end of the period were $176,316,554, up from $14,376,523 at the beginning of the period, marking an increase of approximately 1,144%[36]. - As of June 30, 2022, cash and cash equivalents totaled $176,316,554, a significant increase from $14,376,523 as of December 31, 2021, reflecting a growth of approximately 1,134%[107]. - The total outstanding related party payable as of June 30, 2022, was $9,560,773, with $8,500,315 related to the MSA[117]. Research and Development - Research and development expenses for the three months ended June 30, 2022, were $9.8 million, up from $1.9 million in the same period of 2021, indicating a 408% increase[18]. - Research and development expenses for the eVTOL segment totaled $7,599,457 for the three months ended June 30, 2022, compared to $1,680,380 for the same period in 2021, reflecting a significant increase[97]. - R&D expenses totaled $18,950,423 for six months ended June 30, 2022, compared to $3,830,463 for the same period in 2021, reflecting a significant increase[148]. Business Operations - The company is focused on advancing the urban air mobility (UAM) ecosystem through its eVTOL project and related services[39]. - The business combination with Embraer S.A. was completed on May 9, 2022, resulting in Eve becoming a wholly-owned subsidiary of the newly named Eve Holding, Inc.[40]. - The company is actively monitoring the impacts of the COVID-19 pandemic on its operations and financial condition[45]. - The company anticipates commercialization of its eVTOL services and support business beginning in 2023, with initial revenue generation from eVTOL sales expected in 2026[203]. - The company is developing a next-generation Urban Air Traffic Management (UATM) system, which it expects to offer primarily as a subscription software solution[191]. Financial Activities - The company provided $329,123,832 in net cash from financing activities for the six months ended June 30, 2022, compared to $5,055,808 in the prior year, reflecting a significant increase[36]. - The company received over $300 million in cash to fulfill its obligations upon closing, enhancing its liquidity position[114]. - The company entered into a loan agreement with Embraer Aircraft Holding, Inc. for an aggregate principal amount of up to $81,000,000 at an interest rate of 4.89% per annum[20]. Stock and Equity - The company had 264,332,132 shares of common stock issued and outstanding as of June 30, 2022, up from 235,582,132 shares as of June 30, 2021, marking an increase of about 12.2%[131]. - The company has reserved 8,730,000 shares for the 2022 Stock Incentive Plan and 14,250,000 shares underlying private placement warrants[135]. - The company issued New Warrants to purchase an aggregate of 18,650,000 shares of common stock at an exercise price of $0.01 per share, among other warrants with varying exercise prices[138]. Foreign Exchange and Tax - The company has experienced foreign currency gains and losses related to transactions settled in Brazilian reais (BRL) but recognized in USD[63]. - The company entered into a Tax Receivable Agreement, which stipulates the payment of 75% of certain federal and state net tax benefits realized[180]. - The company had a net exposure of $2,069,086 in Brazilian reais and $327,822,526 in U.S. dollars as of June 30, 2022, indicating significant foreign exchange exposure[170]. Miscellaneous - The company has not generated any revenue to date and requires substantial additional capital to develop products and fund operations[192]. - The Brazilian economic environment poses risks, including inflation and currency fluctuations, which could adversely affect the Company's business[199]. - The company has not recognized any assets or liabilities related to lease agreements as of June 30, 2022, as the lease term has not commenced[179].

Table of Contents Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading symbol(s)Name of each exchange on which registered Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant ZNTU The Nasdaq Stock Market LLC Class A common stock, par value $0.0001 par value ZNTE The Nasdaq Stock Market LLC Warrants, each whole warrant exercisable for one share of Class A common stock, each at an exercise price of $11.50 per share ZNTEW The Nasda ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39704 ZANITE ACQUISITION CORP. (Exact Name of Registrant as Specified in Its Charter) Delaware (State or Other Jur ...

Table of Contents Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-39704 ZANITE ACQUISITION CORP. (Exact name of registrant as specified in its charter) Delaware ...

Table of Contents Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-39704 ZANITE ACQUISITION CORP. (Exact name of registrant as specified in its charter) Delaware 85-2 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-39704 ZANITE ACQUISITION CORP. (Exact name of registrant as specified in its charter) Delaware 85-2549808 (State or ...

Table of Contents Title of each classTrading Symbol(s)Name of each exchange on which registered Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant ZNTU The Nasdaq Stock Market LLC Class A common stock, par value $0.0001 per share ZNTE The Nasdaq Stock Market LLC Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 ZNTEW The Nasdaq Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washingt ...

Table of Contents Title of each classTrading Symbol(s)Name of each exchange on which registered Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant ZNTEU The Nasdaq Stock Market LLC Class A common stock, par value $0.0001 par value ZNTE The Nasdaq Stock Market LLC Warrants, each whole warrant exercisable for one share of Class A common stock, each at an exercise price of $11.50 per share ZNTEW The Nasdaq Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE CO ...