Atlis Motor Vehicles

Atlis Motor Vehicles

Growth Stage

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

Overview

Raised to Date: Raised: $12,999,987

Total Commitments ($USD)

Platform

Rialto Markets

Start Date

11/11/2021

Close Date

Not Provided

Min. Goal
$254
Max. Goal
$12,999,987
Min. Investment

$254

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$15.88

Pre-Money Valuation

$950,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/30/2022

% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$51,587

# of Investors

6,824

Momentum
Funded
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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 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 no minimum target and a maximum target of $10,000,000. 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

$42,994

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$3,280

Loans

$0

Property, Plant and Equipment (PP&E)

$49,810

Property and Equipment

$0

Total Assets

$243,917

Accounts Payable & Accrued Liabilities

$219,345

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$1,826,698

Total Stockholders' Equity

$-1,582,781

Total Liabilities and Equity

$243,917

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$0

Total Interest Expenses

$0

Depreciation and Amortization

$6,317

Net Income

$-23,968,623

Earnings Per Share - Basic

$-1.65

Earnings Per Share - Diluted

$-1.65

Auditor: Prager Metis CPAs, LLC
Financials as of: 11/11/2021
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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

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Atlis Motor Vehicles on Rialto Markets 2021
Platform: Rialto Markets
Security Type: Equity - Common
Valuation: $950,000,000
Price per Share: $15.88

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