Aptera Motors

Aptera Motors

Growth Stage

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Overview

Raised to Date: Raised: $39,647,192

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

12/18/2022

Close Date

08/27/2024

Min. Goal
$1,000
Max. Goal
$41,270,000
Min. Investment

$1,000

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$10.50

Pre-Money Valuation

$795,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/12/2024

Days Remaining

136

% of Min. Goal

3,964,719%

% of Max. Goal

96%

Likelihood of Max
extremely
Avg. Daily Raise

$82,427

# of Investors

5,278

Momentum
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Year Founded

2019

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Cleantech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

San Diego, California

Business Type

Growth

Aptera Motors, an automobile manufacturing company, is raising funds with Dalmore as the Broker dealer through Reg A+ crowdfunding. The company is making electric vehicles with higher energy efficiency, better manufacturing efficiency, and lower costs. Chris Anthony founded Aptera Motors in 2019. The current crowdfunding round has no minimum target and a maximum target of $41,270,000. The raise proceeds will be used towards development and design, production and equipment, and general and administrative expenses. Aptera Motors already has over $350 million in pre-orders, with 10,000 people already reserved a vehicle. The company is entering the growing electric vehicles market and aims to earn a significant portion of the growth.

Balance Sheet

Cash and Cash Equivalents

$19,334,550

Accounts and Notes Receivable

$18,599

Property, Plant and Equipment (PP&E)

$358,403

Total Assets

$23,259,441

Accounts Payable & Accrued Liabilities

$1,955,741

Long Term Debt

$81,512,432

Total Liabilities

$84,770,703

Total Stockholders' Equity

$-61,511,262

Total Liabilities and Equity

$23,259,441

Statement of Comprehensive Income Information

Depreciation and Amortization

$14,587

Net Income

$-96,523,644

Earnings Per Share - Basic

$-1.74

Earnings Per Share - Diluted

$-1.74

Auditor: dbbMcKennon
Financials as of: 12/18/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Aptera Motors 08/27/2024 Republic $795,000,000 $1,699,445 Equity - Common Active RegA+
Aptera Motors 08/27/2024 Dalmore Group $795,000,000 $39,647,192 Equity - Common Active RegA+
Aptera Motors 12/17/2022 Dalmore Group $200,000,000 $45,811,124 Equity - Common Funded RegA+
Aptera Motors 12/19/2020 Wefunder $40,000,000 $1,070,000 SAFE Funded RegCF
Aptera Motors 03/30/2020 Wefunder $20,000,000 $561,080 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Aptera Motors on Dalmore 2022
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $795,000,000
Price per Share: $10.50

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