Atlis Motor Vehicles (AMV) Prices 8.33M Share Offering $1.56/sh

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Atlis Motor Vehicles, Inc. Announces Pricing of $13.0 Million Public Offering

February 16, 2023 9:00 AM EST

MESA, Ariz., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles, Inc. (NASDAQ: AMV) (Atlis or the Company), a vertically integrated electric vehicle technology ecosystem company, and the first battery cell manufacturer to be fully owned and operated in the US, today announced the pricing of its public offering of 8,334,000 units, with each unit consisting of one share of Class A common stock (or one pre-funded warrant to purchase one share of Class A common stock in lieu thereof), 0.65 Series A Warrants to purchase 0.65 shares of Class A Common Stock, and 0.75 Series B Warrants to... More