Eve Holding , Inc. (NYSE:EVEX), an aircraft manufacturing company with a market capitalization of $1.31 billion, disclosed the voting results of its 2025 Annual Meeting of Stockholders held on Thursday, May 22, 2025. According to InvestingPro data, the company’s stock currently trades at $4.38, having shown strong momentum with a 31.34% gain over the past six months. The company, previously known as Zanite Acquisition Corp., shared the outcomes of the stockholder votes in a recent SEC filing.
During the meeting, stockholders voted on two key proposals. The first was the election of Class III directors, where three nominees were elected to serve a three-year term expiring at the 2028 annual meeting. The elected directors are Luis Carlos Affonso, Michael Amalfitano, and Gerard J. DeMuro. Affonso received 256,407,204 votes for, 1,227,058 votes withheld, and 2,937,473 broker non-votes. Amalfitano received 256,544,122 votes for, 1,090,140 votes withheld, and 2,937,473 broker non-votes. DeMuro received 255,542,800 votes for, 2,091,462 votes withheld, and 2,937,473 broker non-votes.
The second proposal was the ratification of KPMG LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. This proposal was approved with 260,543,102 votes for, 24,966 votes against, and 3,667 abstentions.
Additionally, the company announced the appointment of Paul Eremenko to the Audit Committee, following the resignation of María Cordón from the Board of Directors and Audit Committee. InvestingPro analysis indicates that Eve Holding maintains strong liquidity with a current ratio of 3.6x, though the company’s overall financial health score remains weak. Investors can access comprehensive analysis and 8 additional ProTips through InvestingPro’s detailed research reports.
The company’s address is 1400 General Aviation Drive, Melbourne, FL 32935, and the business phone number is (321) 751-5050. This news is based on a press release statement. Looking ahead, Eve Holding is scheduled to report its next earnings on August 12, 2025. For investors seeking deeper insights, InvestingPro offers exclusive access to detailed financial analysis, Fair Value estimates, and expert research reports covering over 1,400 US stocks.
In other recent news, Eve Holding reported a net loss of $49 million for the first quarter of 2025, despite significant investments in their eVTOL (electric vertical takeoff and landing) program, which included $44 million in research and development expenses. The company holds a pre-order backlog of 2,800 aircraft, valued at approximately $14 billion, and aims to begin full-scale prototype flights in 2025 with certification anticipated by 2027. Eve Holding has secured a $16 million grant from Brazil’s Finep to support its eVTOL project, with the condition that Eve Brazil contributes at least $17.87 million of its own resources. In other developments, Eve Holding announced the resignation of board member María Cordón, effective May 12, 2025, with no disagreements cited regarding company operations or policies. The company has not yet announced a replacement for Cordón. Additionally, Eve Holding’s financial position remains stable, with a cash position of $288 million and total liquidity of $411 million. The company is on track to meet its financial guidance for the year, projecting full-year cash consumption closer to $200 million.
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