Material Event (Form 8-K)

Item 8.01. Other Events.

As previously reported, AeroVironment, Inc. (the "Company") completed a firm commitment underwritten public offering of 3,528,226 shares of the Company's common stock (the "Common Stock Offering"), on July 3, 2025 based on an offering price of $248.00 per share (the "Offering Price"). In connection with the Common Stock Offering, the Company granted the underwriters for the Common Stock Offering an option (the "Over-allotment Option"), exercisable within 30 days after July 1, 2025, to purchase up to an additional 529,234 shares of common stock from the Company at the Offering Price, less underwriting discounts and other Common Stock Offering expenses, to cover over-allotments. On July 15, 2025, the Company closed the issuance and sale of 529,234 shares of its common stock pursuant to the underwriters' full exercise of the Over-allotment Option, generating gross proceeds to the Company of $131.3 million, and net proceeds of approximately $126.3 million.