Atlis Motor Vehicles
ATLIS is building products for the people who get work done.
Overview
Platform
Rialto Markets
Start Date
07/22/2022
Close Date
09/26/2022
Min. Goal
$275
Max. Goal
$34,000,010
Min. Investment
$275
Security Type
Equity - Common
Series
Series C
SEC Filing Type
RegA+
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
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: 07/22/2022
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Atlis Motor Vehicles | 09/26/2022 | Rialto Markets | $1,900,000,000 | $0 | Equity - Common | Funded | RegA+ |
| Atlis Motor Vehicles | 07/22/2022 | Rialto Markets | $950,000,000 | $12,999,987 | Equity - Common | Funded | RegA+ |
| Atlis Motor Vehicles | 10/23/2021 | Rialto Markets | $385,000,000 | $4,999,841 | Equity - Common | Funded | RegCF |
| Atlis Motor Vehicles | 08/15/2021 | Rialto Markets | $166,000,000 | $14,836,087 | Equity - Common | Funded | RegA+ |
| Atlis Motor Vehicles | 07/19/2020 | StartEngine | $166,000,000 | $0 | Equity - Common | Not Funded | RegA+ |
| Atlis Motor Vehicles | 04/29/2020 | StartEngine | $89,800,000 | $1,059,448 | Equity - Common | Funded | RegCF |
| Atlis Motor Vehicles | 02/08/2019 | StartEngine | $2,900,000 | $1,058,566 | Equity - Common | Funded | RegCF |
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