Xeriant Closes Key $6M Financing
11/05/21, 8:59 AM
Location
boca raton
Money raised
$6 million
Xeriant, Inc. (OTCQB: XERI) (“Xeriant” or “The Company”), an aerospace company dedicated to Advanced Air Mobility, announced today the closing of $6.05 million in financing, a key component in fulfilling the Company’s obligations under its previously announced joint venture with XTI Aircraft Company (“XTI”), a cleantech OEM and developer of a leading hybrid-electric VTOL aircraft, the TriFan 600. Maxim Group LLC acted as the exclusive placement agent for the offering.
Company Info
Location
boca raton, montana, united states
Additional Info
Xeriant, Inc. is an aerospace company focused on the emerging aviation market called Advanced Air Mobility (AAM), the technological revolution enabling the deployment and integration of new forms of air transportation, and the industry’s transition to more sustainable, automated, and accessible flight. The Company’s goal is to acquire, develop and commercialize the technologies, next-generation aircraft, and support infrastructure to build the vertical ecosystem that makes AAM technically, operationally and economically viable.