Aptera Motors closes warrant inducement, raises $5.96M gross proceeds

Aptera Motors Corp

Existing warrant holders exercise 2.88M shares at $2.07, gross proceeds ~$5.96M.
Company issues new warrants to purchase 4.32M shares at $2.25, exercisable from Jan 13, 2027 to Jan 13, 2032.
Net proceeds for working capital, general corporate purposes, and validation vehicle manufacturing/testing.
A.G.P./Alliance Global Partners acted as financial advisor; fee 6% of gross proceeds.
Company to file resale registration statement by Aug 12, 2026.

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