Aptera Motors Corp (SEV) Form 8-K — Nov 10, 2026
$SEVForm 8-KItems 1.01, 3.02, 5.07, 7.01, 9.01Filed Nov 10, 2026, 5:30 PM ET0001493152-26-051042Original filing
Aptera Motors entered into a securities purchase agreement on November 10, 2026 for a registered direct offering of 3,428,571 Class B shares at $1.75 per share, plus concurrent unregistered warrants for another 3,428,571 shares at a $2.05 exercise price. The offering is expected to close on or about November 12, 2026, with net proceeds of approximately $5.5 million after a 7.0% cash fee and expenses to placement agent Ladenburg Thalmann.
Key figures
- Gross Proceeds
- 6000000
- Offering Price
- 1.75
- Shares Offered
- 3428571
- Lockup Days
- 60
- Net Proceeds Approx
- 5500000
- Private Warrant Term
- 5.5 years
- Private Warrant Shares
- 3428571
- Written Consent Shares
- 10000000
- Written Consent Percent
- 83.5%
- Inducement Shares Issued
- 2767500
- Inducement Exercise Price
- 2.07
- Placement Agent Fee Percent
- 7.0%
- Participation Right Percent
- 50%
- Inducement New Warrant Shares
- 4151250
- Placement Agent Warrant Shares
- 102857
- Private Warrant Exercise Price
- 2.05
- Inducement New Warrant Exercise Price
- 2.25
- Placement Agent Expense Reimbursement
- 65000
- Placement Agent Warrant Exercise Price
- 2.1875
- Variable Rate Transaction Restriction Days
- 180
AI analysis
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