Welcome to our dedicated page for Aptera Motors SEC filings (Ticker: SEV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Aptera Motors Corp. filings document its solar mobility business, public-company capital structure and material corporate events. Securities Act registration statements describe Class B common stock, warrants, selling-stockholder resale mechanics, emerging growth company and smaller reporting company status, risk factors and use-of-proceeds disclosures tied to product validation and manufacturing readiness.
Aptera's 8-K filings cover operating and financial results, Regulation FD disclosures, validation assembly line updates, material agreements, equity issuances and litigation-resolution disclosures. The filing record also documents liquidity and capital resources, warrant terms, unregistered securities transactions and governance matters for the company's solar electric vehicle development model.
Aptera Motors Corp. agreed to sell 4,500,000 Class B common shares and 4,500,000 common stock warrants in a registered best efforts public offering for aggregate gross proceeds of $9,000,000 at a combined price of $2.00 per share and warrant. The company expects net proceeds of approximately $8.2 million, which it plans to use for general corporate purposes and to advance vehicle validation, manufacturing readiness, supplier engagements, and long-lead tooling for planned start-of-production. The offering is expected to close on or about January 26, 2026, and the warrants are immediately exercisable for five years at $2.00 per share, subject to beneficial ownership limits of 4.99% or 9.99%.
Aptera Motors Corp. is conducting a reasonable best efforts primary offering of 4,500,000 shares of Class B common stock with 4,500,000 accompanying Common Warrants at a public offering price of $2.00 per share-and-warrant, for gross proceeds of $9,000,000 and estimated net proceeds of about $8.2 million after fees and expenses. Each Common Warrant is exercisable immediately for one share at $2.00 and expires five years after issuance. The company will also issue Placement Agent Warrants equal to up to 3% of shares sold, exercisable at 105% of the public offering price, and is registering those warrants and their underlying shares.
Class B common stock outstanding is expected to rise from 15,717,462 shares before the offering to 20,217,462 shares after the offering, assuming no warrant exercises. Aptera is an emerging growth, pre‑revenue automotive technology company developing highly efficient solar electric vehicles, has a going concern warning, significant additional capital needs, pending patent litigation, and has received an SEC subpoena related to its securities offerings and vehicle development.
Aptera Motors Corp. is registering up to 3,846,154 shares of Class B common stock and related warrants in a primary offering expected to raise about $17.0 million before fees. The deal is a reasonable best efforts placement, pairing each share (or pre-funded warrant substitute) with a five-year common warrant, and also registering placement agent warrants equal to 3% of the securities sold.
The Class B common stock is non-voting, while Class A shares hold all current voting power; as of December 31, 2025, 15,717,462 Class B shares were outstanding, rising to 19,563,616 if the full stock component is sold and no offering warrants are exercised. Net proceeds of roughly $15.6 million are earmarked for working capital and general corporate purposes as the company attempts to move its solar electric vehicle, the Aptera, from development into production.
The filing highlights substantial risks: no revenue or profits to date, a going concern warning, heavy future capital needs with potential dilution, manufacturing and supply-chain challenges, intense EV competition, pending patent litigation, and an ongoing SEC investigation into past financings and operations, all of which could materially affect Aptera’s prospects.
Aptera Motors Corp director Anthony Kirton reported receiving a grant of 43,196 restricted stock units of Class B common stock on January 8, 2026 under Aptera Motors Corp.'s 2021 Equity Incentive Plan. The units were granted at a price of $0 per share, reflecting an equity-based compensation award rather than a market purchase.
After this grant, Kirton beneficially owns a total of 114,115 restricted stock units, which includes the 43,196 newly awarded units and 70,919 units previously reported in earlier filings.
Aptera Motors Corp. is registering up to 3,752,759 shares of Class B common stock, an equal number of pre-funded warrants and the underlying shares, plus placement agent warrants and their underlying shares, in a primary offering for up to $17,000,000 of gross proceeds based on an assumed price of $4.53 per share. The company expects net proceeds of about $15.6 million, which it plans to use for working capital and general corporate purposes as it attempts to move its three-wheeled solar electric vehicle into production. The deal is a reasonable best efforts offering through A.G.P., with no minimum amount and no escrow, so Aptera may raise significantly less than the maximum while investors remain committed. As of December 31, 2025, 15,717,462 Class B shares were outstanding, and this could rise to 19,470,221 if only shares (and no pre-funded warrants) are sold. Class B stock is non-voting, while Class A stockholders, largely insiders, hold about 98% of voting power. Aptera has no revenue, faces a going concern warning, operates in a highly capital-intensive, competitive EV market, and discloses both a patent lawsuit and an ongoing SEC investigation related to its securities offerings and vehicle development.
Aptera Motors Corp. furnished an updated investor presentation that may be used in meetings with investors, analysts, and others on or after January 9, 2026. The slides, provided as Exhibit 99.1, cover information the company plans to discuss with the investment community and will be available on its website at https://aptera.us/.
The material is furnished under Regulation FD, meaning it is not treated as filed for liability purposes and is not automatically incorporated into other securities law filings unless specifically referenced.
Aptera Motors Corp 10% owner Michael Johnson, through Michael Johnson Properties, Ltd., reported two insider sales of Class B Common Stock. On January 5, 2026, Michael Johnson Properties, Ltd. sold 10,500 Class B shares at $4.604 per share. On January 6, 2026, the same entity sold an additional 11,500 Class B shares at $4.59 per share.
Following these transactions, 5,062,776 Class B shares were reported as beneficially owned indirectly. The shares are directly owned by Michael Johnson Properties, Ltd., and Michael Johnson, as its sole owner, may be deemed to have voting and dispositive power over the shares held by this entity.
Aptera Motors Corp 10% owner Michael Johnson, through Michael Johnson Properties, Ltd., reported an internal share conversion. On December 26, 2025, Michael Johnson Properties, Ltd. converted 5,083,250 shares of Aptera Class A Common Stock into 5,083,250 shares of Class B Common Stock, with a reported price per share of $0. After this non-cash conversion, Michael Johnson Properties, Ltd. indirectly held 5,084,776 shares of Aptera Class B Common Stock, over which Michael Johnson may be deemed to have voting and dispositive power.
Aptera Motors Corp. reports that the California Energy Commission has revised the milestone schedule tied to its grant funding. The CEC confirmed that the grant agreement remains in place and that Aptera is still eligible for funds if it meets the updated milestones. However, future reimbursements will now depend on achieving these milestones rather than simply on the timing of spending. Because of this change, Aptera does not expect to receive any additional grant reimbursements in 2025. The company also cautions that its ability to meet current or future milestones, and therefore receive the full anticipated grant amount, cannot be assured.