Aptera Motors raises $6.3M via warrant exercise, issues new warrants for 4.75M shares at $3.50

Aptera Motors Corp

Gross proceeds $6.34M from cash exercise of 3,167,500 existing warrants at $2.00/share.
Issued unregistered new warrants for up to 4,751,250 shares at $3.50/share, exercisable immediately, 5-year term.
Combined with prior exercises, total gross cash proceeds of approximately $8.1M.
Proceeds for working capital, general corporate purposes, and validation vehicle manufacturing/testing.
A.G.P. exclusive advisor; 30-day lock on further equity issuances after resale registration effective.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Aptera Motors Corp entered into Warrant Inducement Agreement with holders of certain existing warrants valued at approximately $6.34 million (effective 2026-03-12).

Action: entry
Agreement: equity purchase
Counterparty: holders of certain existing warrants
Value: approximately $6.34 million
Effective: 2026-03-12

Exact text from the filing

On March 12, 2026, Aptera Motors Corp., a Delaware corporation (the “Company”), entered into a Warrant Inducement Agreement (the “Inducement Agreement”) with holders (the “Holders”) of certain existing warrants

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317 material agreements filed in the last 30 days. Browse all material agreements →

Aptera Motors Corp filing history →

Source: SEC EDGAR

accession 0001493152-26-009780

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