The next generation of clean energy vehicles is here.

Minimum Investment: $1,000
Share Price: $10.50
Minimum Target Offering: $25K · Maximum Offering: $5M
Invest Until: June 30, 2024
View Form C → · View all Filings →

More than 47,000 vehicle reservations.

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Minimum Investment: $1,000 · Share Price: $10.50 · View Form C →

June 2024
Investor Webinar

Electric Vehicles
are growing

Bloomberg projects that Electric Vehicle sales will increase from 1.7 million vehicles in 2020 to 54 million by 2040. Aptera is looking to earn a significant portion of that growth.

A large
market

Potential Aptera Market is 600,000 units per year, with sales ramping up to a rate of 20,000 units per year in 2026 (based on management team's expectations, see Form C for more information about forward-looking statements).

Aptera was created from the ground up with one purpose in mind — energy efficiency.

Our unique shape allows Aptera to slip through the air using 30% of the energy versus other electric and hybrid vehicles on the road today. That efficiency allows Aptera to have a much longer range than competitive electric vehicles.

Management Team

Steve Fambro

Co-CEO

Steve Fambro

Co-CEO Bio:

Venture partner and COO of Ocean Holding, an investment and development company dedicated to advancing the use of clean, renewable energy. Founder of Famgro; raised $8m to launch a superefficient pesticide/ herbicide-free indoor food-production system.

Chris Anthony

Co-CEO

Chris Anthony

Co-CEO Bio:

Founder and former CEO of Flux Power, an advanced lithium-battery technology company that launched its first products in 12 months and has reduced carbon emissions in industrial spaces by over 1,000 tons of C02 per year. Has raised more than $100m in private equity, DPO, and grant funding for technology ventures. Chris holds a B.S. in Finance from the University of North Carolina.

Anywhere you want to go

Whether commuting to work or camping off the grid, your options are limitless with Aptera. Each vehicle can generate enough solar power for up to 40 miles of free daily driving. Plus, with Aptera's Launch Edition vehicle, you can travel up to 400 miles on a single charge.

The average American drives less than 30 miles per day, so most Aptera owners will never have to plug their vehicle in to charge. This lessens the need for power grid improvements for EV adoption and makes Aptera the first EV that is grid independent.

Listening to drivers

We see the two largest barriers to electric vehicle adoptions as cost and range anxiety. With a low cost of ownership and ranges up to 1,000 miles, our vehicles overcome most purchasing hesitancy.

Powering a Healthy Planet

Each Aptera owner can significantly reduce their carbon footprint. Making it easier for everyone to do their part to keep our planet healthy for future generations.

Obsessed with efficiency

Aptera’s efficiency starts with its manufacture. With only six key structural parts, we have lower cost and lower carbon footprint technologies that assure minimal environmental impact at every step.

Use of
Proceeds

A complete look at use of proceeds from this offering can be found in the Form C filed with the SEC

Risk Factors

Risk factors: all investors should review the Risk Factors section within the Form C filed with the SEC for details about the risks associated with early-stage investing.

Frequently Asked Questions

What is Regulation CF?

Regulation CF allows investors to invest in startups and early-growth companies. This is different from helping a company raise money on Kickstarter; by investing in a Regulation CF Offering, you aren’t buying products or merchandise - you are buying securities from a company that has filed a Form C with the US Securities and Exchange Commission. Investments in securities of any kind carry inherent levels of risk - all investors should review the Form C in entirety before making an investment, including any risk disclosures. You can learn more about Regulation CF here.

Who is eligible to invest?

The American JOBS ACT has created a new opportunity for entrepreneurs to raise capital and investors to now invest in private, early-stage opportunities. Previously these early-stage investments were limited to accredited investors (those with a net worth or more than $1M or income of more than $200k). Although this is a new and exciting opportunity, there are still some limitations placed around how much a non-accredited investor may invest - please consult the Issuance Express education page to learn more.

What are the tax implications of making a Reg CF investment?

We cannot give tax advice, and we encourage you to talk with your accountant or tax advisor before making an investment.

How was the valuation determined?

The company relied on its own internal valuations from a previous offering to determine the offering price. For more information about the securities offered in this Offering, please refer the Form C filed with the SEC.

What is the market for these securities? How can I expect to see a return on my investment if I invest in this offering?

Investing in any offering of securities by an early or growth stage company, including this one, carries inherent risk. There may not be a market for these securities in the immediate future or at any point in time, and an early stage investment may be largely illiquid due to the lack of a secondary market. Please consult the Form C filing for further information about risks and the potential of a return on investment, including within the section titled “Risks Related to Our Securities”.

What are the differences between the shares sold on your different offerings?

Regulation A:

  • Resale Restrictions: Generally, shares purchased in a Regulation A offering are not subject to resale restrictions. Once the offering is completed, the securities can be freely traded, similar to shares of a publicly traded company.
  • Holding Period: There is no mandatory holding period for shares purchased under Regulation A.

Regulation CF (Crowdfunding):

  • Resale Restrictions: Shares purchased in a Regulation CF offering cannot be resold for one year, except when the shares are transferred:
    • To the company that issued the securities.
    • To an accredited investor.
    • As part of an offering registered with the SEC.
    • To a family member or in connection with the death, divorce, or similar circumstances.
  • Holding Period: A mandatory one-year holding period is in place for most resale situations.

Regulation D:

  • Resale Restrictions: Securities sold under Regulation D are typically restricted securities. This means they cannot be resold in the public markets unless they are registered with the SEC or an exemption from registration applies.
  • Rule 144: To resell restricted securities, investors must generally comply with Rule 144, which includes:
    • Holding Period: For reporting companies (that have been reporting for at least 90 days), a minimum holding period of six months; for non-reporting companies, a minimum holding period of one year.
    • Current Public Information: Adequate current public information about the issuer must be available.
    • Typically such shares will require an opinion of counsel to be freely tradeable. Aptera intends to obtain such an opinion on your behalf.

Please note there is no currently established market for reselling the securities in this Offering. If you decide that you want to resell these securities in the future, you may not be able to find a buyer. Even if in the future, the Company applies for quotation of its Class B Common Stock on a national exchange, over-the-counter market, or similar exchange, there are a number of requirements that the Company may or may not be able to satisfy in a timely manner. Even if we obtain that quotation, we do not know the extent to which investor interest will lead to the development and maintenance of a liquid trading market. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.

What is Issuance Express?

Jumpstart Micro, Inc d.b.a. Issuance Express (“Issuance Express”) is a Funding Portal registered with the SEC and a member of FINRA. Under Regulation Crowdfunding, Issuance Express acts as an intermediary platform for Issuers (companies selling securities in compliance with the regulations) and Investors (individuals purchasing securities offered by Issuers). Issuance Express does not provide investment advice or make any investment recommendations to any persons, ever. Please see the disclosures for more details.

Aptera was created from the ground up with one purpose in mind — energy efficiency.

Our unique shape allows Aptera to slip through the air using 30% of the energy versus other electric and hybrid vehicles on the road today. That efficiency allows Aptera to have a much longer range than competitive electric vehicles.

We intend to change the Future

Doing the impossible — something no other automakers have been brave enough to do. We’re harnessing the power of the sun to make life off the grid a reality for everyone.

Minimum Investment: $1,000 · Share Price: $10.50 · Minimum Target Offering: $25K · Maximum Offering: $5M · View Form C →

Invest $1,000+

Receive a $100 coupon, which can be applied to your Aptera reservation fee or the purchase price of your vehicle in the future.

Invest $2,000+

Receive a $1,000 coupon used to discount the purchase price of your vehicle in the future.

Invest $10,000+

Receive a $100 coupon, and a 5% discount on your Aptera (up to $2,500 value, applied after other coupons).

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