Atlis Motor Vehicles

Atlis Motor Vehicles

Growth Stage

​ATLIS is building products for the people who get work done.

Overview

Funding data not publicly available
Platform

Rialto Markets

Start Date

07/21/2022

Close Date

Not Provided

Min. Goal
$275
Max. Goal
$34,000,010
Min. Investment

$275

Security Type

Equity - Common

Series

Series C

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$27.50

Pre-Money Valuation

$1,900,000,000

Year Founded

2016

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Mesa, Arizona

Business Type

Growth

Atlis Motor Vehicles, with a valuation of $1.9 billion, is raising funds on Rialto Markets through Reg A+ crowdfunding. The company is designing and building the Atlis XT electric pickup truck that has a plug-in battery. The electric truck will be able to handle the needs of today without the burden of gas prices. Atlis Motor Vehicles aims to make vehicle ownership affordable, hassle-free, and efficient through its holistic approach. The company is revolutionizing battery technology with the world’s first AMV Cube Cell. Mark Hanchett founded Atlis Motor Vehicles in November 2016. The current crowdfunding campaign has a maximum target of $34,000,010. The campaign proceeds will be used for product research and development, marketing and advertising, working capital, and general corporate purposes.

Balance Sheet

Cash and Cash Equivalents

$3,146,134

Property, Plant and Equipment (PP&E)

$980,028

Total Assets

$4,614,229

Accounts Payable & Accrued Liabilities

$709,035

Long Term Debt

$0

Total Liabilities

$812,668

Total Stockholders' Equity

$3,801,561

Total Liabilities and Equity

$4,614,229

Statement of Comprehensive Income Information

Net Income

$-133,736,082

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: Prager Metis CPAs LLP
Financials as of: 07/21/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Atlis Motor Vehicles 09/25/2022 Rialto Markets $1,900,000,000 - Equity - Common Funded RegA+
Atlis Motor Vehicles 07/21/2022 Rialto Markets $950,000,000 $12,999,987 Equity - Common Funded RegA+
Atlis Motor Vehicles 10/22/2021 Rialto Markets $385,000,000 $4,999,841 Equity - Common Funded RegCF
Atlis Motor Vehicles 08/14/2021 Rialto Markets $166,000,000 $14,836,087 Equity - Common Funded RegA+
Atlis Motor Vehicles 07/18/2020 StartEngine $166,000,000 $0 Equity - Common Not Funded RegA+
Atlis Motor Vehicles 04/28/2020 StartEngine $89,800,000 $1,059,448 Equity - Common Funded RegCF
Atlis Motor Vehicles 02/07/2019 StartEngine $2,900,000 $1,058,566 Equity - Common 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

Funding data not publicly available

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Atlis Motor Vehicles on Rialto Markets 2022
Platform: Rialto Markets
Security Type: Equity - Common
Valuation: $1,900,000,000
Price per Share: $27.50

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