Zanite Acquisition Corp.

The company states it has generated no revenue since inception and expects continued losses and negative operating cash flow until sustainable commercial operations begin. Liquidity is real but increasingly borrowed: cash plus financial investments of $394.7 million against long-term debt that grew by $126.7 million in six months to $303.1 million, plus $70.4 million of current related-party payables. The narrowing loss is driven by lower research and development spend, not by any revenue starting.

Part of the transaction has already happened: the proxy describes a series of related steps that occurred, or will occur, including Embraer's transfer of UAM Business assets and liabilities to Eve and its Brazilian subsidiary in exchange for Eve Interests, the transfer of those interests to Embraer Aircraft Holding for common and non-voting preferred stock, and the sale of that preferred stock to KPI Jet, LLC as an unaffiliated investor. Stockholders are voting on a structure that is partly executed, and it is the carve-out from a Brazilian parent that determines what Eve actually owns.

The fee table asserts a proposed maximum aggregate transaction value of $2,200,000,000 and a fee of $203,940.00 while answering "Not applicable" to each of the three items that would show how that value was reached — the class of securities, the number of securities, and the per-unit value. The figure is a stated transaction value with no arithmetic behind it, so it should not be treated as a computed valuation. The target is also a carve-out rather than a standing company: the UAM business sat inside Embraer and was moved into Eve before the combination.

What changed: 8-K of Eve Holding, Inc. Item 2.02 (results of operations and financial condition): on August 4, 2026 the Company issued a press release announcing its results for the second quarter of 2026, attached as Exhibit 99.1 and incorporated solely for purposes of the Item 2.02 disclosure. The Current Report and its exhibit are furnished and shall not be deemed filed for Section 18 purposes nor incorporated by reference into Securities Act or Exchange Act filings unless expressly stated. Exhibit 104 is the Inline XBRL cover page. Signed by CEO Johann Bordais. Why it matters: Routine quarterly earnings furnishing; the report states no result, which sits only in Exhibit 99.1.

What changed: Eve Holding, Inc. reported no revenue and a second-quarter net loss of $34,229 thousand against $64,685 thousand a year earlier, with a six-month net loss of $103,042 thousand against $113,470 thousand. Research and development expense for the quarter fell to $28,930 thousand from $45,672 thousand. Cash and cash equivalents fell to $52,210 thousand from $103,233 thousand while financial investments rose to $342,481 thousand from $280,845 thousand. Long-term debt rose to $303,140 thousand from $176,412 thousand. Why it matters: The company states it has generated no revenue since inception and expects continued losses and negative operating cash flow until sustainable commercial operations begin. Liquidity is real but increasingly borrowed: cash plus financial investments of $394.7 million against long-term debt that grew by $126.7 million in six months to $303.1 million, plus $70.4 million of current related-party payables. The narrowing loss is driven by lower research and development spend, not by any revenue starting.