Atlis Motor Vehicles, a mobility technology company, announced plans May 4 to apply to be listed on the Nasdaq composite index, the major U.S. stock market. googletag.pubads().enableSingleRequest(); No investor has seen an actual test and proven concept of their vehicle. . Investments in startups are highly illiquid and those investors who cannot hold an investment for the long term (at least 5-7 years) should not invest. View the investment terms and details to see how you can be a part of. doesn't matter if it rocketed bc we can't fING sell our shares! They like to post videos on youtube with all these happy employees "working" on the prototype, but as of yet NOTHING has been produced. For more IPO News, check out SA's IPO News page. With brisk after-hours trading, Atlis began Wednesday morning sitting at $243.99, almost 900% higher than its IPO price. At least get it on your radar. I have never seen an actual test drive video. AMV began as "Volta Motors LLC, of Mesa (602) 309-5425" (Google it). I am going to watch this as it progresses but I am not expecting much from them. Atlis Motors IPO: 12 Things for Potential AMV Stock Investors to Know William White, InvestorPlace May. Found out that if you try to log into their system online and it takes your SSN then it has been applied and dont have to wait for the snail mail. Atlis Motor Vehicles Shares Drop 28% on Offering Plans Feb. 13, 2023 at 12:44 p.m. Atlis Motor Vehicles designs and develops 100% battery-electric trucks for the consumer and commercial markets. Atlis executed its initial. googletag.pubads().collapseEmptyDivs(); Atlis Motor Vehicles Valuation. People cant even register their shares. probably low volume along with the IPO. Neither PreIPO Buzz nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy or completeness of any information on this site or the use of information on this site. Early investors who held the stock qualified for bonus shares, an inducement similar to fractional warrants granted to SPAC investors to purchase shares at a set price. Sales in Atlis' second and current Reg A tallied nearly $11 million from 6,210 investors as of Monday. Sales in Atlis second and current Reg A tallied nearly $11 million from 6,210 investors as of Monday. Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. }); Small and midsize companies rebuffed by venture capital got a boost when crowdfunding of up to $5 million a year from registered and individual investors became legal under Regulation CF in the 2015 Jobs Act. Data provided by Edgar Online . They are looking for a electric pickup truck that really, truly is dedicated to work., Nikola cuts deal for $200M through sale of senior debt, Embark Trucks concludes SPAC but bolting investors take back $300M, Plus money: autonomous technology startup adds $220M to recent capital raise. Atlas has risen higher in 9 of those 17 years over the subsequent 52-week period, corresponding to a historical accuracy of 52.94% Is Atlas Stock Undervalued? Find out how. Atlis, founded in 2016, sells shares on its website through a broker dealer, avoiding reams of paperwork and the tens of millions of dollars an IPO can cost. And about a dozen followed. 5, 2022, 12:56 PM InvestorPlace - Stock Market News, Stock Advice & Trading Tips. googletag.cmd.push(function() { }); Atlis Motor Vehicles is trying to disrupt the electric work truck market by developing its own chassis and the batteries and motors to drive it. Shares have since moved up to $39. ATLIS is a mobility technology company developing products that will power work. But the electric-vehicle technology company fell sharply Wednesday after the stock had. MESA, Ariz., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles, Inc. (NASDAQ: AMV) ("Atlis" or the "Company"), a vertically integrated electric vehicle technology ecosystem company, and the first battery cell manufacturer to be fully owned and operated in the US, today announced the closing of its public offering of 8,334,000 units . Investors. googletag.enableServices(); More than likely there will be one. I cant even look at the stock price right now knowing I cant sell my 700 shares. 1 Wall Street research analysts have issued 12-month target prices for Atlis Motor Vehicles' stock. Atlis Motor Vehicles rang opening bell for the Nasdaq Tuesday as it became a publicly traded company. Atlis raised its first $1 million in 2018 by selling shares at 29 cents. a collaborative agreement with an undisclosed military supplier. The stand-alone business unit has more than $300 million in battery cell and pack commitments, according to Atlis. The stock closed at $20.40, down 40% from Thursday's close. USD, Statement of acquisition of beneficial ownership by individuals, [Amend] General form for registration of securities under the Securities Act of 1933, General form for registration of securities under the Securities Act of 1933, Founder, Chief Executive Officer and Chairman. Atlis Motor Vehicles (NASDAQ: AMV) of Mesa, Arizona conducted an initial public offering, or IPO, Sept. 17 to trade as AMV stock. Stay Up To Date. Visit invest.atlismotorvehicles.comto learn more about ATLIS and become an investor. Please. Electric truck maker Atlis Motor Vehicles ( NASDAQ:AMV) debuted on the NASDAQ stock exchange on Tuesday, closing 199% higher on its first day of trading. Atlis made its market debut Tuesday afternoon via a Regulation A financing. Many will have to go back to the public markets to raise additional capital as electric truck maker Nikola Corp. is doing. Its incredibly inexpensive to do this, Hanchett said. Mesa's Atlis Motor Vehicles, a startup making all-electric pickup trucks, said it intends to file paperwork go public and list its shares on the Nasdaq stock exchange later this year. Seeking to take on the big boys in that chase is Atlis, a scrappy startup with an electric pickup that brings all the goods with no compromises. That meant startup companies received less money to fund their business plans. ATLIS Is Going Public! The company's primary goal is to develop technologies that will enable partners to switch from gas and diesel to electric automobiles by offering minimally compromising options. Just follow the money the Ford F-150 has been the best selling automobile in the US for 36 straight years. Found this from a different post on fleetforward: AMV began as "Volta Motors LLC, of Mesa (602) 309-5425 (Google it). Atlis Motor Vehicles is a vertically integrated electric vehicle (EV) startup. Atlis Motor Vehicles is a mobility technology company that designs and develops battery electric trucks and charging stations. Just follow the money the Ford F-150 has been the best selling automobile in the US for. The Tesla Cybertruck and the Rivian trucks dont fit the market were targeting, Hanchett said. recently changed hands at $230.01, up 180% from Tuesday's close, at approximately 9:37 a.m. If we fail, which we wont, those investors would lose, Hanchett said. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. IPO, And it is taking a disruptive path to becoming a public company. Announces Closing of $13.0 Million Public Offering Published: Feb. 21, 2023 at 5:15 p.m. To date, ATLIS's Regulation A+ Offering has generated investments from 9,000+ individuals at $8.24 per share. Is this happening to you frequently? Join the (equity) crowd: roughly 3,000 people invested in their previous raise showing strong grassroots support. The company intends to list on the Nasdaq this summer under the ticker symbol "AMV" and will use the IPO proceeds to scale up operations, it said on Wednesday. Reply to this with a screenshot of your entry/exit. This is how weve built this company, how weve raised funding, how weve generated interest in the product and what were developing., History of Atlis Motor Vehicles crowdfunding from nearly 29,000 investors. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Atlis declined to disclose how. Cision Distribution 888-776-0942 Actual production will vary. What exactly did we file this week? For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. googletag.pubads().enableSingleRequest(); The "Close/Last" is the "adjust consolidated close price". 298 talking about this. Opened at above 240 today and early investors were unable to sell. Wait 10m, sell. Atlis Motors IPO: 12 Things for Potential AMV Stock Investors to Know The EV maker is hoping to hold its IPO this summer By William White, InvestorPlace Writer May 5, 2022, 2:56 pm EST. An error has occurred, please try again later. The valuation they say they are getting is 27.50 a share. These statements are not guaranteeing of future performance and undue reliance should not be placed on them. The social-media boycott comes as states like South Dakota and Utah have enacted bans on gender-affirming care for minors this year. PRELIMINARY OFFERING CIRCULAR NOVEMBER 23, 2021, SUBJECT TO REVISION . The current Atlis Reg A offering sells for $15.88 a share and will close when it reaches $12 million. This suggests a possible upside of 1,601.6% from the stock's current price. Called the brokerage they are supposedly using and they said they exist in their system but no investors have had their accounts created by Atlis. Atlis Motor Vehicles has some promising tech, but do they have the demand, development, and money to succeed? This company will be interesting to watch. Fun hardworking culture Hefty equity offerings pre IPO poised for real impact on the EV and energy storage market Diverse team. Can we sue? Companies seeking startup investments through equity crowdfunding tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. About Atlis Motor Vehicles. We have to meet all the requirements.. View the latest Atlis Motor Vehicles Inc. Cl A (AMV) stock price, news, historical charts, analyst ratings and financial information from WSJ. In the current bear market, most de-SPACed transportation startups trade in the single digits. +2.65% Copyright 2023 MarketWatch, Inc. All rights reserved. Atlis Motor Vehicles has become the latest startup in the electric-vehicle space to unveil plans for an initial public offering as . 23 Feb, 2023 Data Company Financials + 1 Analyst AMV Stock Overview Atlis Motor Vehicles, Inc. develops and manufactures electric vehicles and charging infrastructure. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot6', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767872042-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); If you have an ad-blocker enabled you may be blocked from proceeding. Round. About 29,000 investors have purchased $32.6 million in private shares of the Mesa, Arizona-based company. googletag.cmd.push(function() { That makes the obvious question for Hanchett the timing of going public. Edit: Yes i know, its a pitiful amount of money. If they truly hold this battery tech, it needed to be showcased to get other companies to be looking at them. and gooseneck will give users a max tow rating of 35,000 pounds. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot5', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767778941-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit, General contact email for the organization. Shares have since moved up to $39. Funding, Valuation & Revenue. Shares of Atlis opened at $243.99 on Wednesday, nearly . Atlis is addressing the issues of low range and long charge times: Their current vehicle has a range of up to 500 miles and their patent-pending charging technology can bring the vehicle's battery to a full charge in under 15 minutes!! The stock closed at $20.40, down 40% from Thursday's close. window.googletag = window.googletag || {cmd: []}; EV startup Atlis Motor Vehicles plans to debut in the US stock market. Atlis Motors' valuation Atlis Motors has raised $2.4 million in two crowdfunding campaigns. Atlis Motor Vehicles first unveiled the XT in the fall of 2019, and this upcoming electric pickup truck is expected to enter the flourishing pickup truck market by early 2022. Whats our next move? In Jun. I get their emails and I was very close to buying in before the IPO, but they up their frequency of emails and they just started to sound more and more desperate. I was an early investor in this company and I found out today they are IPO'ing tomorrow. Shares of Atlis Motor Vehicles Inc. Atlis Motors. Newly public EV maker Atlis Motor Vehicles (NASDAQ:AMV) shares sank 40% Friday as the stock continued its decline following a spectacular Nasdaq listing earlier this week. Forward-Looking StatementsCertain information set forth in this press release contains "forward-looking information", including "future-oriented financial information" and "financial outlook", under applicable securities laws (collectively referred to herein as forward-looking statements). We go through the same checks and balances and everything else to be a public company. . This is the second equity raise for Atlis, with their first round raising over $1M from nearly 3k investors. The shares spiraled on Thursday, falling 55% to close at $33.95. You can think of it as a public offering of Atlis stock.. ATLIS has submitted 25 patent protection applications thus far for battery cell, battery thermal management technology, charging technology, modular platform, and various vehicle systems. ET. Additionally, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. I agree. DATE OPEN HIGH LOW CLOSE VOLUME; 03/03/23: 0.84: 0.885 . Please disable your ad-blocker and refresh. Shares of Atlis Motor Vehicles surged Tuesday after making their debut on the Nasdaq Stock Market. Every crowdfunder is getting the same run around from AST. SPX, Must Read A real pain point for those considering a battery electric vehicle is the time it takes to recharge its batteries. 0. patent applications $ 0 B. reservation value. Watch Atlis stock skyrocket . The opening volume was 3011 shares. Get up to 10 years of daily historical stock prices & volumes. Sign In. Atlis announced May 4 that its third Reg A offering effectively its sixth fundraising round will be used to go public. It added that it had raised in excess of $35M through Regulation A and Regulation CF crowdfunding offerings. MESA, Ariz., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles (Nasdaq: AMV), a vertically integrated electric vehicle technology ecosystem company, and the first battery cell manufacturer. Prior to the IPO, the company had a self-ascribed valuation of $385 million courtesy of the 12,000 retail investors who funded the project. Some institutional institutions and hedge funds that invested in private investment in public equity (PIPE) offerings, to augment sponsors IPOs, redeemed shares before the business combination closed. Blazing hot sector: The truck is the next frontier for electric vehicles and Atlis could potentially be a strong contender in that race. The Score for ATCO is 74 . Atlis develops its own batteries and offers that technology to other companies. Investing.com - Today's IPO for Atlis Motor Vehicles (AMV) opened for trading earlier at $30.11 after pricing at $27.50. with a hitch while using a. fifth wheel. Having a low entry point and number of shares is great but sitting here watching potential life changing profits sliding away. ET. They tout their battery charging capabilities as "groundbreaking", but once again, no proof. Specifically, the AMV XT is the company's flagship product that has a 500 mile range, 15 minute charging capability, drive-by-wire system and a 35,000 lb . Atlis Motor Vehicles ( NASDAQ: AMV) stock soared for the second straight day after rallying nearly 500% during its Nasdaq debut on Tuesday. Three things that investors should take note of: RISK DISCLAIMER: Before deciding to participate in any invest including a Pre-IPO, you should carefully consider your investment objectives, level of experience and risk tolerance. googletag.enableServices(); ATLIS motor vehicles announces opportunity to develop 4,000 battery packs for electricars. I cant find the underwriter tho? IPO News; Hot IPOs; Equity Offerings; . The even stranger thing is that they closed their $25 million IPO in late 2020 and have been a bit quiet ever since. On Wednesday, it submitted Form 1-A with the US Securities and Exchange Commission (SEC) for the purpose. Sometimes called a mini IPO because the amounts raised pale in comparison to headline-grabbing initial public offerings, Atlis is using a mechanism called Regulation A financing, a federally regulated hybrid of a direct listing and an IPO. But an Arizona startup said Thursday it has put into production a . }); This is something that any company could do, but its not something that most companies will do, Hanchett said. Platform, vehicle, and batteries are. Atlis Motor Vehicles, Inc. Although forward-looking statements contained in this press release are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. We've detected you are on Internet Explorer. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Atlis Motor Vehicles is building an electric vehicle technology platform for heavy and light duty work trucks. A truck, they say can outperform the F150/Ram1500. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[468, 60], [728, 90], [300, 100], [320, 50]], 'div-gpt-ad-1665767472470-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. Copyright 2023, All Rights Reserved, FreightWaves, Inc, Electric truck startup Atlis nears public listing with $32.6M crowdfunded raise, Loaded & Rolling (Enterprise Fleet News/Analysis). Just keep an eye out. has declined 4.6%. They are attempting to go IPO in the summer of 2022. Op u have more info? so it only had 44k shares traded today. ET ATLIS has signed a Memorandum of Understanding with. Unlike private offerings, Reg A allows companies to issue freely tradable shares, creating a public market for the companys stock.. The stock shot up nearly 200% during after-hours trading. 2021 Pre-IPO Buzz | All Rights Reserved, It can come as a surprise that the backbone of the auto industry is actually the truck. PreIPO Buzz is not a registered broker-dealer. Find More Contacts for Atlis Motor Vehicles, Edit Lists Featuring This Company Section, Atlis Motor Vehicles Shares Drop 28% on Offering Plans, Why Atlis Motor Vehicles Shares Are Nosediving Thursday, United States Companies With Less Than $10M in Revenue (Top 10K), Western US Companies With Fewer Than 100 Employees (Top 10K), Greater Phoenix Area Companies With Less Than $1B in Revenue (Top 10K). ET Atlis Motor Vehicles Shares More Than Double on Customer Interest Metric Jan. 11, 2023 at 1:40 p.m. Mirza Canada and Pario Ventures are the most recent investors. Atlis Motor Vehicles Inc. Cl A historical stock charts and prices, analyst ratings, financials, and today's real-time AMV stock price. Funds raised from the Regulation A+ Offering are being used to complete development and testing of the XP platform, XT pickup truck, battery pack, and will assist in funding the early, small-scale manufacturing phase. googletag.enableServices(); The reader is cautioned not to place undue reliance on forward-looking statements. Simulated images. Watch on ~$1.9B Company Valuation 20,000+ Investors 32M+ Funds Raised to Date 8,000+ Non-Binding XP Reservations 24,000+ Trucks Have Signed Contracts 60,000+ Non-Binding XT Reservations As Featured On Benefits and Incentives Click for more FreightWaves articles by Alan Adler. 2. They are attempting to go IPO in the summer of 2022. The XT will offer different configurations including service body upfits, 2-door or 4-door cabs, 6.5-foot and 8-foot beds with an option for dualies and . }); From 2015 to 2020, about 250 companies raised an aggregate of $3 billion via Regulation A, according to Jay Kesten, associate professor of law at Florida State University. The first Reg A companies listed on the New York Stock Exchange and the Nasdaq in 2017. The company, which develops electric work trucks and the batteries to power them, went public through a Reg A financing, after raising more than $35 million through Reg A and Reg CF crowdfunding offerings. Atlis stated that it will start production of the Atlis XT starting in late 2022. What's enclosed in our. AMV IPO Information. For the best Barrons.com experience, please update to a modern browser. Atlis holds the ticker symbol AMV on the Nasdaq Global Market. Yes as an early investor they continuously bombard my email with please crowdfund us more! Shares of Atlis Motor Vehicles surged Tuesday after making their debut on the Nasdaq Stock Market. window.googletag = window.googletag || {cmd: []}; So its no surprise that the next frontier for the electric vehicle is trucks. If you have an ad-blocker enabled you may be blocked from proceeding. The IPO was listed at $27.50 per share, and trading was paused several times due to volatility. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Today's IPO for Atlis Motor Vehicles (NASDAQ: AMV) opened for trading earlier at $30.11 after pricing at $27.50. When typing in this field, a list of search results will appear and be automatically updated as you type. View contacts for Atlis Motor Vehicles to access new leads and connect with decision-makers. The IPO was conducted through a Registration A process.. MESA, Ariz., Feb. 21, 2023 (GLOBE NEWSWIRE) Atlis Motor Vehicles, Inc. ( NASDAQ: AMV) ("Atlis" or the "Company"), a vertically integrated electric vehicle technology ecosystem company, and the first battery cell manufacturer to be fully owned and operated in the US, today announced the closing of its public offering of 8,334,000 units, with Atlis Motor Vehicles, Inc. A Delaware Corporation. But theres a tremendous amount of cost. Article Stock Quotes (1) EV firm Atlis plans U.S. stock market listing amid IPO drought. By accessing this site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. Whats with this pop? Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. To the ones who grow, dig, and build our communities there's no such thing as downtime. SPACs were all the rage in 2020 and 2021, attracting tens of billions from investors in the sponsoring companies. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Atlis Motor made an initial public offering (IPO) on the Nasdaq Stock Exchange in late September. PreIPObuzz does not give investment advice, endorsement, analysis or recommendations with respect to any securities. raise additional capital as electric truck maker Nikola Corp. is doing. Stock Price. He also spent two decades in domestic and international media relations and executive communications with General Motors. That being said, when we do go public, you will become able to trade your ATLIS stock. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Regulation A offerings bear little resemblance to special purpose acquisition companies, shell companies that seek to merge with startups, sometimes with limited understanding of the business being acquired. Investors who purchase over $25,000 worth of stock will receive 3 free months of ownership & service subscription* . AMV, The ATLIS innovators are building an electric vehicle technology platform for heavy and light duty work trucks used in the agriculture, service, utility, and construction industries. Press question mark to learn the rest of the keyboard shortcuts. Email. Stock ticker symbol (e.g. If they are smart they would license out their tech to a company that already has the means to build vehicles at a large and profitable scale. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767737710-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); AMV was just able to cobble together a plywood-Styrofoam (R) truck to show for the latest crowd-funding rounds. This copy is for your personal, non-commercial use only. ET. Cons. It does not drive per expectations, cannot tow anything, has no operating windows, air bags, weather seals, turn signal steering wheel stalk, windshield wipers, proper windshield safety glass, roll down windows, air conditioning-heating system, compressor-air tank installation, inverters, SAE approved mirrors or exterior lighting, lacks tires and wheels that meet the load rating, spare tire carrier, has never been tested on a bi-directional chassis dyno or with an AMV battery pack. googletag.pubads().enableSingleRequest(); Another underwriter scam? googletag.cmd.push(function() { MESA, Ariz., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles, Inc. (NASDAQ: AMV) ("Atlis" or the "Company"), a vertically integrated electric vehicle technology ecosystem company, and the first. On Tuesday, the company debuted with the stock shooting up $54.62, or 198.6%, to close at $82.12. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Atlis is cutting numerous deals and generating revenue from some of its products. No independent laboratory test have ever been conducted, on the vehicle, cells, battery modules or battery packs or chassis, no hardware has never been shown at a trade or auto show (May-2022). About ATLIS Motor VehiclesATLIS is a mobility technology company developing products that will power work. Its a middle ground between a private capital raise and a full-blown public offering, but with an important difference. Folks, AMV is falling behind, but you can still make a lot of money quickly as shareholders. . googletag.pubads().collapseEmptyDivs(); Most importantly, do not invest money you cannot afford to lose. googletag.cmd.push(function() { Is this happening to you frequently? 1 week ago - GlobeNewsWire Atlis Motor Vehicles, Inc. high of $37.20 mid-morning before sliding to a low of $20 in late afternoon. The latest price target for Atlis Motor Vehicles ( NASDAQ: AMV) was reported by Maxim Group on Wednesday, December 21, 2022. The 2021 cap increase is likely to increase those figures significantly going forward, he said. It can come as a surprise that the backbone of the auto industry is actually the truck. . It is the latest EV company planning a stock market debut. Their stock opened with $30.11 in its Sep 27, 2022 IPO. Atlis Motor Vehicles is registered under the ticker NASDAQ:AMV . googletag.enableServices(); May 4 (Reuters) - Atlis Motor Vehicles has become the latest startup in the electric-vehicle space to unveil plans for an initial public offering as the global push . googletag.cmd.push(function() { ATLIS's qualified Offering Circular, dated Aug. 28, 2020, may be viewed here. Its in the tens of millions of dollars to complete that transaction.. googletag.enableServices(); Mark is back with answers to your frequently asked questions regarding Atlis' path to public:1. The truck is ugly AF, not gonna lie. This offering will terminate on the earlier of (i) May 15, 2022, subject to extension for up to one hundred-eighty (180) days in the sole discretion of the Company; or (ii) the date on which the Maximum Offering is sold; or (iii) when . Join the (equity) crowd: roughly 3,000 people invested in their previous raise showing strong grassroots support. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. gptAdSlots.push(gptSlot); Equity crowdfunding investments in private placements, and start-up investments in particular, are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups. The investors have no access to their shares for the IPO and I expect this thing to tank tomorrow. The deal provided Lucid with approximately $4.4 billion in cash. Press J to jump to the feed. On average, they expect the company's share price to reach $15.00 in the next year. MESA, Ariz., Sept. 27, 2022 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles (Atlis), a vertically integrated work-focused EV technology ecosystem and battery company developing an electric work.