-
Aptera stock, shareholder and investing info
updated 3 weeks, 1 day ago 76 Members · 168 Posts -
So we can now invest in Aptera with Crypto currency? Given how green and renewable this company is trying to be, I’m not sure this is a direction we should be willing to take given just how much energy is wasted by mining operations.
https://twitter.com/aptera_motors/status/1427367079783641097/.
Update: We've opened a new fundraising round! We're now accepting Cryptocurrency as a payment method. To learn more about investing in Aptera, head to our dedicated investor website at https://t.co/QPHZqG5zmJ. pic.twitter.com/x0aBaxwD7m
— Aptera (@aptera_motors) August 16, 2021
-
Hi there.
I’m a retail shareholder as the most part of the forum.
It’s too important to push to the Board to be public ASAP because as you can see on this news, the EV market is envolved in a financial bubble that we can use to finance the short and long term of Aptera.
Lucid Motors strikes SPAC deal to go public with $24 billion valuation | TechCrunch
We are not profitable right now, so we need to use this bubble to save our company and reduce CO2 emission to the earth. Chris said on january that we will go public in 2 years. It might be too late for us.
If we go public and the bubble is not there, Aptera likely will go to bankrupt.
The whole company should stay together focused in go public ASAP.
This thread is created to add your support here and make pressure to go public.
I would like to see here the marketing team giving info and updates about the deadlines to go public.
Any news about the new CFO?
-
Hi there,
These guys and gals running the company have a lot of experience starting multiple successfully companies and know a lot more about this than you and I. Being public is not necessarily a good thing.
-
I think you will find that the voting majority of shares are in the hands of company management and founders so that Aptera can follow their strategy/business plan. What you propose is not possible or needed. You would know this if you had done your research before making this post. I would encourage you to research the background on Aptera1 (The original company) and the current Aptera to give you a balanced perspective on which to base your assessments.
Aptera Management and Engineering have done an excellent job in managing both the business and technology of the company without the necessity of oversight from outside financial interests. The involvement of outside financial interests was a significant reason for the failure of the First Aptera company, and of course should be avoided now especially as Aptera approaches the production milestone.
I STRONGLY OPPOSE any effort to force/encourage Aptera to deviate from their current business plan by any group internal or external! They have a well qualified CFO who has experience in going public and I trust in her judgement/plan for the company along with other senior, experienced management.
This is not the time for a “Sky is falling” investor who doesn’t have insight into Aptera strategy or their business plan to raise alarm in a public forum.
The current team should retain complete control so their successful strategy and obvious performance based on their experience and expertise can bring Aptera to successful production and market penetration generating revenue.
You yourself felt that way or you would not have invested initially????
-
Yes. I did my research before my post.
They went to bankrupt because the US goverment didn’t give Aptera de the public money that Aptera needed to improve their tech.
Have you read your message before post it John? Do you know that Aptera needs external financial because they are not profitable right now and they burn cash every month? How do you expect to finance the research if the company has to pay workers? Do you think that the money falls from the sky as rain? They made the Reg-A because of this, Aptera needs money to finance the research.
I’m not forcing to the board to deviate from their original plan. I’m just saying that they sould accelerate it to finance the company and their tech.
So you prefer that they go public in an undervaluated market and they can’t reach their original plan. Don’t you?
It’s better for the investors and specially, for the future the company to go public in an overvaluated market to receive more money than if the market is undervaluated. We both will raise more money and Aptera will create more models, factorys, hire more workers…
I trust both Co-CEOs and they seem good people that love the efficency. Furthermore, their interest are aligned with ours. They have all my support.
-
Their SEC filing for the current round of funding says that if they get the target amount ($75M), that will last them for 24 months – well into the planned production period. What’s the rush for an IPO if they have money for that long?
-
-
-
I wholeheartedly agree with Peter, John & Adrian. I, for one, trust our Aptera founders. Their original plan got derailed by doing just what you propose. I got badly hurt when the tech startup bubble popped but I learned some important lessons. Leadership, confidence, competence, a well thought-out vision and plan, steadfastness, plus a passion for efficiency are a rare combination that gives me confidence they’re on a steady glide path to deliver a phenomenal product.
-
I haven’t talked to a single person who had already heard of Aptera before I mentioned it. With Lucid Motors they’ve already spent a lot of money on advertising their inferior product, more people know about it because of that.
If Aptera goes public in 2023, the media coverage will be strong because a production vehicle will have been turning heads for over a year at that point, so it should IPO at over $5 billion valuation and not get overlooked by people who don’t know a thing about the company. Investors get excited when a company that’s a household name is about to go public, after the hype is already built. If you go public first and then build the hype that’s psychologically more boring to investors and the market cap would have to start out lower to garner interest.
-
Plus in early 2023 there should at least be a mock-up of what the first 4 seater Aptera will look like; in that case it could IPO much higher than $5 billion…
-
I wouldn’t invest in, nor buy the product of a company that made decisions based on fear, speculation and social media posts. Listening to investors is important, but fearmongering as a business plan spells disaster.
-
From your posts I am not sure you have more that a superficial understanding of startup investment strategy.
Aptera does not have a “Board” in the sense you are referring to. The voting shares of the stock are held by the founders and current senior executives. A very wise move at this point. If you have shares, they are most likely Class B with no voting rights.
A large capital valuation based on an IPO does not insure success. Check out Lordstown as an example.
Good, savvy, experienced, and talented management makes the difference between success and failure. The management of Aptera has done wonders with what I consider to be a shoe string budget. I have partnered in three successful IPOs In the technology sector and am astounded (In awe) with what they have done with the little capital they have and have complete faith that they will be successful in bringing their vehicle to market and generate revenue. They will IPO when they feel most comfortable doing so and that will be successful as well.
It may be useful for you to do what you state in your last long post and support the management 100% and go along for the ride to success????
-
I believe that Aptera is the right entity to make that call not “We” as the enthusiasts although we are certainly free to offer our opinions.
Here is mine. Having investment open to all channels seems like a good way to optimize investment opportunities for Aptera. Very efficient!
-
Do not go PUBLIC with your greed mongering thinking.
you make a few worthless dollars and the vision is lost.
Which car company you working for? GM, Fiat, Byd for sure definitely not aptera.
Just saying.
-
SPACs should be illegal, I’m really surprised that the SEC hasn’t banned them yet. The IPO process is designed to insure that only viable companies are allowed to enter public markets, the SPAC has undermined that. Companies that are outright scams like Nikola and Lordstown have been able to use SPACs to prey upon gullible retain investors. When Aptera goes public they should do it the right way through a proper IPO.
-
SPACs were developed to allow companies quicker access to capital. There are plenty of poor SPACs just as there are plenty of poor companies that went the IPO route. Aptera would be no worse for wear if they chose the SPAC route. I am in favor of them staying private for as long as their finances will allow. There is so much drag, inefficiency to being a public company. The IPO process is a marathon roadshow that can distract from the business at hand. Chris and Steve have done well so far and I support their decision to use small investors and private equity to fund the companies development. Go Aptera!
-
Market structures have changed, but in principle I do agree. SPAC’s really exist to get around some regulations, which in fact are expensive to comply with that go along with an IPO. Higher standards are needed to qualify for an IPO, and the SEC has let the party continue on, by looking the other way, mostly regarding the SPAC’s. Either way, Aptera has to raise some serious coin to make it to production.
-
-
If you believe Bitcoin mining is wasting energy – you do not understand what Bitcoin is.
Bitcoin is the only money / asset with integrated worldwide payment system. EVERY single fiat currency or assets like stocks, bonds, gold need multiple banks, payment networks, countless data centers, computers, office space … all using energy … to move money / assets.
Every person who has ever worked in crossborder payments, or stocks, bonds settlement understands this.
-
Does anyone know how much money have Aptera raised with the last financing round?
-
I’m also wondering this… Last two times they shut the round down real quick and I think this last one has been open for a few weeks now? How is it doing?
-
Yes of course, Aptera does.
You will know this information and more when Aptera produces its 2021 annual report and SEC filing.
There is no cogent reason for us to know this information at this time as we are not “Insiders” to Aptera strategy and planning, the purview of senior management and the CFO. Knowing how much money is raised in one funding effort of course is only part of the equation of financial status. Other things to know are budgets and run rates, capital expenditures, other expenses, cash flow, debt, and funds available.
So knowing one piece of the puzzle leads to all kinds of inaccurate prognostication ending in unfounded rumors that require management time to flatten when they should be focused on operating the company.
Let’s not stir the pot as you did before with a call for an immediate IPO and let management run the company. to date they have done very well. They are talented and experienced (MUCH more that you and I) Sit back, relax, and enjoy your Aptera when it is ready and sell your shares for an insane profit when the right time comes.
-
While I’m deeply curious, I’m more interested in staying out of the way and not distracting the team from their progress. I’m grateful that the founders have returned to their dream of building the world’s most most efficient car.
-
-
Aptera raised $20 million in the previous funding round, which was $10 million more than their goal. This round hasn’t finished but they intend to raise $30 million. Given that they raised $20 million in only one week last time, mostly through individual investors, they are very likely close to ending this round as well, having met their goal again.
-
Curious which round investors came in at?
Bought in Aptera’s last round.
Doubled down again on this current round.I absolutely love what the company is doing and what they stand for.
Solid co-founders and management team.Been following Tesla, Rivian, Sonos, Lucid and it would be great to see Aptera’s public debut (SPAC/IPO) be as successful.
I did a thought experiment for the worst case scenarios to keep expectations in check though:
They take way longer to go into production resulting in a delayed IPO/SPAC.
Severe market downturn or cooling off of EV mania, resulting in only a $1b-$3b public market cap debut.
Lukewarm public interest beyond the niche community of Aptera lovers.If the above does become reality, would I still have invested?
Absolutely. Only regret was not having been part of the first WeFunder raise.PS: Mad kudos to anyone who took part in their 2019 WeFunder campaign when they were only valued at $25m!
-
I sure didn’t roll as high as you but I did throw down some money. I did it just because they’re trying to do something worthwhile. And trying to do something for the good is better than not.
-
No matter what your amount, it’s one more vote of confidence in their mission of giving drivers a more sustainable alternative mode of transportation. ✌
-
-
I invested on the second fundraising, the first was already filled and closed within hours and before I went online to do that myself, I invested an equal amount when the Alphas were done and will do same with Betas are done.
-
Do you think they might close this round at some point? I seem to remember hearing that 40 million would get them into production. There was a recent published report that they had raised 28 million in this round, but I’m not sure how stale that info might be.
-
They’ve been seeking $40 million this round, and collected at least $28 million so far, but they received $20 million in the previous round and $4 million in the Wefunder round before that. I believe they said they had enough for production a long time ago. I’m a bit surprised they haven’t already raised the additional $40 million this round, but beforehand they were seeking $30 million this round and just decided to increase it to $40 million, I think to work on their 4 wheel prototype and to avoid another round before the IPO.
-
-
-
Will they go public after the funding round closes?
-
In a previous video Chris mentioned 12-18 months away. So “ Stay tuned” I guess
-
I suspect it will come after production starts. The market may be kinder once the vehicles start rolling off.
Andy
-
I second this observation. Successful Conventional IPO or SPAC would require product in the market place with a backlog of orders. This is especially true as EV public offerings are tainted now with Lords Town and Nicola misrepresentation of Book of Business.
I believe, as most on the forum, that Aptera will not have a problem with product in the market place once production starts.
-
-
I have received the email of “Investor Funds Received”, but my account still shows “Your investments are not yet listed”. How long does it take for the investment status to be updated on my account?
-
My Notice took maybe Ten Days…
-
If I remember correctly mine took more like 3 weeks.
-
Thank you all for the information.
Happy Holidays!
-
Hi Hong!
Glad everyone was able to jump in here. Thanks for asking about this! It generally takes about a week or two after the funds are received for the investment to show up under “Review Investments” through your online Aptera account. I am working with our web team to make updates to the investment dashboard on all Aptera accounts. Unfortunately, it is not linked to the investment portal: invest.aptera.us. If your investment has been confirmed through the investment portal, it will become viewable on your online https://www.aptera.us account.
I look forward to getting your Aptera account up to date! It has been flagged for follow-up. I’ll keep you posted!
Thank you for your support,
Audra
- This reply was modified 8 months ago by
bbelcamino.
- This reply was modified 8 months ago by
-
-
-
-
Mine took two weeks both times.
-
Hi Hong,
Quick update from the investment support team— your investment is ready to be finalized. Once it is complete, you will receive a confirmation email from invest@aptera.us containing your fully executed subscription agreement & ceremonial certificate. Please let us know if you have any questions!
-
Thank you, Audra, for all the explanation and follow-up.
I got the confirmation email with the attached agreement and certificate yesterday but my account has not been updated. I am not anxious as long as I know the timing is normal.
-
This message is to Audra.
I received my “Investor Funds Received” email on Nov 30. I received my “Offering Escrow Successful” email on December 10. Today is December 31 and my dashboard still says “Your investments are not yet listed”
I sent messages to Aptera customer service thru the website contact form on December 18 and December 24 and have not had a reply to either one of them.
Disappointing…
Robert Hall
-