Atlis motor vehicles, inc. announces pricing of $13.0 million public offering

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 purchase 0.75 shares of class a common stock. each unit is being sold at a public offering price of $1.56.
AMV Ratings Summary
AMV Quant Ranking