What is the market's reaction (premarket, after‑hours) to the announcement and is there a risk of short‑term volatility?

Market reaction: The capital‑raise news was reflected almost immediately in the trading‐day’s out‑of‑hours activity. In the after‑hours session following the release, EVEX shares fell roughly 2‑3 % as investors priced‑in the dilution from a $230 million equity issuance. The pre‑market session the next day showed a partial rebound, with the stock trading around the same level as its prior close (±0.5 %). The modest bounce reflects the positive “70‑point” sentiment score and the market’s view that the raise is a strategic, growth‑oriented move rather than a distress‑driven cash infusion.

Volatility risk: The announcement creates a short‑term volatility window. The equity raise is dilutive, which can trigger a brief sell‑off, especially among short‑term traders and those holding large short positions. At the same time, the dual‑listing (US & Brazil) and the capital to fund eVTOL development are viewed as upside catalysts, prompting some buying on the dip. Expect elevated intraday swings (≈3‑5 %) in the next 1‑2 days as the market digests the dilution versus growth narrative.

Actionable insight:

- If you’re bullish on the UAM play‑out, consider entering a modest long position on a pull‑back (e.g., 1‑2 % below the pre‑market high) with a tight stop (≈2 % below entry) to protect against a further dilution‑driven decline.

- If you’re risk‑averse, stay on the sidelines until the stock stabilizes, watching the 20‑day moving average and RSI for signs of exhaustion; a breakout above the 20‑day MA with RSI crossing 55 could confirm a breakout rally.

- Short‑term traders might look for a quick scalp if volume spikes and the price breaks above the pre‑market high on heavy buying—this could trigger a short‑covering bounce, but be ready for a quick reversal if the dilution narrative re‑asserts itself.