Aptera Motors

Aptera Motors is raising funds through Reg A+ crowdfunding with Dalmore Group as the Broker-Dealer. The company makes electric vehicles with higher energy efficiency, better manufacturing efficiency, and lower costs. The unique shape of Aptera vehicles allows them to slip through the air using 30% of the energy compared to the other electric and hybrid vehicles in the market. Aptera Motors already has over 48,000 pre-orders and over $11 million in open purchase orders. Chris Anthony, Steve Fambro, and Michael Johnson founded Aptera Motors in 2019. The current crowdfunding round has a maximum target of $15 million. The campaign proceeds will be used for development and design, production and equipment, selling, and general and administrative expenses.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
Dalmore Group
Start Date
11/25/2024
Close Date
Not Provided
Min. Goal
$1,000
Max. Goal
$15,000,000
Min. Investment

$1,000

Security Type

Equity - Common

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$14.80

Company & Team

Company

Year Founded
2019
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Cleantech
Location
San Diego, California
Company Website
Visit Website

Team

Employees
30

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$4,550,500
 Runway
3.7 months

Balance Sheet

Cash and Cash Equivalents

$16,967,000

Investment Securities

$0

Accounts and Notes Receivable

$363,000

Property, Plant and Equipment (PP&E)

$14,670,000

Property and Equipment

$14,670,000

Total Assets

$37,591,000

Long Term Debt

$2,513,000

Total Liabilities

$12,906,000

Total Stockholders' Equity

$24,685

Total Liabilities and Equity

$37,591,000

Statement of Comprehensive Income Information

Total Revenues

$0

Costs & Expenses Applicable to Rev

$0

Depreciation and Amortization

$449,000

Net Income

$-54,606,000

Earnings Per Share - Basic

$-0.82

Earnings Per Share - Diluted

$-0.82

Auditor: dbbMcKennon
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/25/2025 Dalmore Group - $0 Equity - Common Active RegA+
07/02/2024 Dalmore Group $795,000,000 $40,500,075 Equity - Common Funded RegA+
06/30/2024 Issuance Express $835,948,029 $3,458,479 Equity - Common Funded RegCF
05/22/2024 Republic $795,000,000 $1,726,577 Equity - Common Funded RegA+
12/18/2022 Dalmore Group $200,000,000 $45,811,124 Equity - Common Funded RegA+
12/20/2020 Wefunder $40,000,000 $1,070,000 SAFE Funded RegCF
03/31/2020 Wefunder $20,000,000 $561,080 SAFE Funded RegCF
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Growth Charts

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.

Valuation History

Price per Share History

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

Employee History

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Aptera Motors on Dalmore Group 2024
Platform: Dalmore Group
Security Type: Equity - Common
Price per Share: $14.80

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Follow Aptera Motors on Dalmore Group 2024

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