Eliot Tubis, Chairman of EJT Holdings, announced today that their family office has taken a 3%+ position in the warrants of the recently announced combination of Atlas Crest/Archer Aviation. Mr. Tubis commented, “it’s rare to get an opportunity to invest in the future of air transportation with such an accomplished investor and strategic partner set.” Archer is the leader in electric VTOL aircraft and has already received a $1 billion order from United Airlines. Mr. Tubis further elaborated, “ Archer has super banker, Ken Moelis, along with Cathy Wood from ARK already on board, these are two of the smartest people on the planet when it comes to investing and we are happy to jump on for the ride.”

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