Aptera Motors Corp (SEV) Form S-3 — Oct 1, 2026
Aptera Motors filed a $250 million universal shelf registration statement on Form S-3, covering Class B common stock, preferred stock, warrants, debt securities, subscription rights and units, to be sold from time to time in future offerings. Included in the shelf is a $19 million at-the-market offering program through Cantor Fitzgerald at a 3.0% commission, which could be executed immediately upon effectiveness. Against a public float of only about $58.4 million and a last sale price of $1.98, the shelf represents potential dilution several times the company's market value.
Key figures
- Last close usd
- 1.98
- Atm capacity usd
- 19000000
- Public float usd
- 58400000
- Atm commission pct
- 3
- Shelf capacity usd
- 250000000
- Options outstanding
- 7027668
- Warrants outstanding
- 11195966
- Assumed atm price usd
- 1.98
- Capital full plan usd
- 115000000
- Shares class a outstanding
- 11983010
- Shares class b outstanding
- 28949488
- Capital to start production usd
- 25000000
- Immediate dilution per share usd
- 1.07
- Capital full plan prior estimate usd
- 180-205 million
- Shares class b outstanding post atm assumed
- 38545447
- Capital to start production prior estimate usd
- 40-45 million
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.