BlackRock, Inc. Increases Stake in Archer Aviation Inc to 6.9%
On April 24, 2026, BlackRock, Inc. filed a Schedule 13G/A with the SEC, reporting an increased stake in Archer Aviation Inc (ACHR). As of the event date on March 31, 2026, BlackRock beneficially owns 51,092,109 shares of Class A Common Stock, representing 6.9% of the total shares outstanding. This filing marks an increase from a previously reported position of zero shares, indicating a significant new accumulation of the issuer's equity. The filing specifies that BlackRock holds sole voting power over 50,103,375 shares and sole dispositive power over the full 51,092,109 shares. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Various subsidiaries of BlackRock, Inc. are listed as having the right to receive dividends or proceeds from the sale of these shares, though no single individual interest exceeds five percent of the total outstanding stock. Archer Aviation Inc is headquartered in San Jose, California.