secwatch.observer — SEC 8-K summary
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Issuer:     Aptera Motors Corp (SEV)
CIK:        0001786471
Form:       8-K
Filed at:   2026-11-10T22:30:39+00:00
Accession:  0001493152-26-051042
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.07, 3.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Aptera prices $6M registered direct at $1.75/share; warrants for 3.43M shares at $2.05
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- Registered direct: 3,428,571 Class B shares at $1.75, about $6M gross; net proceeds expected ~$5.5M after placement-agent fees and expenses.
- Concurrent private placement: warrants for 3,428,571 Class B shares at $2.05, exercisable after Nov. 10, 2026 stockholder approval, expiring 5.5 years from initial exercise.
- Ladenburg Thalmann is lead placement agent, StoneX co-agent; 7.0% cash fee plus up to $65,000 expenses and 102,857 agent warrants at $2.1875.
- Holders of 83.5% of Class A approved by written consent the offering and ratified July 2026 inducement: 2,767,500 shares at $2.07 and new warrants for 4,151,250 at $2.25.
- Proceeds for general corporate purposes, vehicle validation, manufacturing readiness, supplier engagements and long-lead tooling; closing expected on/about Nov. 12, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786471/000149315226051042/0001493152-26-051042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786471/000149315226051042/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-051042

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