Aptera Motors registers resale of 4.32M Class B shares underlying warrants; company gets no proceeds

Filed August 20, 2026 · ~2 min read

Key Changes

• high

  This is a secondary offering: up to 4,320,000 Class B shares may be sold by selling stockholders upon exercise of warrants. Aptera receives no proceeds from these resales.

  The Offering verify on EDGAR →
• high

  The warrants have a $2.25 exercise price, become exercisable on January 13, 2027, and expire five years later. The last reported sale price was $2.12 on August 6, 2026, so the warrants are currently out-of-the-money.

  The Offering verify on EDGAR →
• medium

  If warrants are exercised for cash, Aptera would receive the exercise price, which it would use for working capital and general corporate purposes. The timing and amount are uncertain.

  Use of Proceeds verify on EDGAR →