Valuation. 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. }); There is almost no capital that comes out of a SPAC, Hanchett said. 5, 2022, 12:56 PM InvestorPlace - Stock Market News, Stock Advice & Trading Tips. That being said, when we do go public, you will become able to trade your ATLIS stock. 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. ATLIS is developing a fully electric XP vehicle platform, an electric XT pickup truck, proprietary battery cells and packs, and the necessary charging ecosystem to recharge a 500-mile range battery in less than 15 minutes. The current Atlis Reg A offering sells for $15.88 a share and will close when it reaches $12 million. For more information about use of funds, developmental roadmap, and. are set to skyrocket again on Wednesday, the second day that the electric truck and battery maker trades on the Nasdaq. googletag.pubads().collapseEmptyDivs(); Atlis Motor Vehicles, Inc. A Delaware Corporation. I agree. 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()); As angry as I am about this maybe some of you here can make some money on this. ET. Sales in Atlis' second and current Reg A tallied nearly $11 million from 6,210 investors as of Monday. ATLIS MOTOR VEHICLES TO LIST ON NASDAQ - PR Newswire We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. Actual production will vary. Supposedly they are making an all electric truck with a 500m range that can be charged in 15 minutes. MESA, Ariz., June 1, 2021 /PRNewswire/ --ATLIS Motor Vehicles (ATLIS), a start-up mobility technology company, has announced its Regulation A+ offering will close at 11:59 p.m. on Wed., June 30, 2021. PRELIMINARY OFFERING CIRCULAR NOVEMBER 23, 2021, SUBJECT TO REVISION . Atlis claims the trucks can travel 500 miles on a single charge with the muscle to pull trailers and perform other work that passenger-oriented electric pickups cannot. Their AMV share price forecasts range from $15.00 to $15.00. ATLIS's qualified Offering Circular, dated Aug. 28, 2020, may be viewed here. 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. It added that it had raised in excess of $35M through Regulation A and Regulation CF crowdfunding offerings. 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 .
