INVESTIGATIVE REMINDER: Schall Law Firm Encourages Investors in Eve Holding, Inc. with $100,000 Losses to Contact Firm

LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national firm specializing in shareholder rights litigation, announces that it is investigating claims on behalf of investors of Eve Holding, Inc. (“Eve” or “the Company “) (NYSE: EVEX) for violating securities laws.

The investigation aims to determine whether the Company has made false and/or misleading statements and/or has failed to disclose relevant information to investors. Eve announced on September 29, 2022 that “on September 23, 2022, the Audit Committee of the Company’s Board of Directors (the “Audit Committee”)…concluded that the Company’s condensed consolidated financial statements included in Form 10-Q for the quarter ended June 30, 2022 should not be relied upon. The company added that it “currently estimates that the adjustments will have the effect of increasing the net loss by approximately $87 million due to a non-cash expense, and increasing the additional contributed capital of the same amount, for the three months ended June 30, 2022.” The Company stated that it “reviewed its accounting for certain warrants to acquire an aggregate of 24,200,000 common shares, which were issued and became exercisable at the closing on May 9, 2022 of the transactions contemplated by the business combination agreement… and taking into account technical accounting rules and interpretations regarding the accounting treatment of similar warrants, the Company expects to recognize certain expenses non-cash associated with the issuance of these warrants for the three months ended June 30, 2022.” Based on this news, shares of Eve fell sharply over the past two x next trading sessions.

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We also encourage you to contact Brian Schall of Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us via the firm’s website at www.schallfirm.com or by e-mail at [email protected]

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to do nothing, you can remain an absent member of the group.

Schall Law Firm represents investors worldwide and specializes in securities class action and shareholder rights litigation.

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