ATLIS Launches $25 Million Regulation A Public Offering

[ATLIS Motor Vehicles]

Today, electric vehicle technology startup ATLIS Motor Vehicles obtained SEC qualification of its Regulation A + offering statement, paving the way for a $25 million public offering. ATLIS has opened the offering to the public at $8.24/share.

Atlis Motor Vehicles was born in founder Mark Hanchett’s garage, ignited by curiosity and personal motivation. Mark’s goal: take his energy-guzzling diesel pickup and transform it into an electric truck. Early on, it was just Mark, his truck and long hours spent in the solitude of his garage. His early efforts spurred him to think hard about what pickup truck owners truly wish for in an electric vehicle. He leveraged his engineering background and relied on colleagues who are experts in various fields—power tech, battery and so forth—to find out. Together, they sought to disrupt the status quo that is quickly taking over the electric vehicle market, and to discover just how far they can take it. The result: the XT Pickup Truck. It’s not just a better electric vehicle, it’s not just a better pickup, it’s the foundation for an entirely new approach to electric vehicles.

Join us on our journey in powering the future and invest in ATLIS today. Our goal is to put your investments into good use to allow us to build production-ready prototypes of our fast-charging battery tech, the 100% electric XP Platform and XT Pickup Truck, and advanced 1.5 MW charging station. It will also get us all the materials, equipment, and machinery we need to get us to production. We can't wait to have you along for the ride.

Learn more and own a piece of ATLIS today: https://www.invest.atlismotorvehicles.com

 

[bwilson4web]

I won't be investing soon but throughly encourage this effort.

Bob Wilson

 

[gooki]

@ATLIS Motor Vehicles

A few questions if you don't mind answering.

1. Do I understand correctly that there are two additional funding rounds to come after this one.
a. This one at $25 million
b. Next Q4 2020 $30 million
c. $100 million raised in 2021

2. How do you intend to return value to shareholders over the long term?
a. Dividends (from sales/licensing)
b. Get bought out by a major manufacturer
c. Public listing/IPO so early investors can now trade shares on the open market

 

[101101]

1.79 Billion in reservations? Seems very unlikely. Sounds like the Nikola claims.
"Industry leading?" This is not a industry that is easy to lead especially if you've still "got a long way to go."

I also smell GM in this. The Altis trucks had the same bling rims we've seen on GM supposed prototypes lately. And that Buck where you can't tell the front from the back has that rake angle on the back window like an old Chevy truck from the 50s. So does GMs so called "Super Truck" Hummer. And those range numbers are Cybertruck numbers.

Bara said to GM doing a electric spin off "everything is on the table." GM feels naked because all of its little brands have been killed off and it wants to reconstitute its stable of duplicative brands that recycle the same generic parts bin parts because that was glory days. So it has Workhorse, Lordstown, Nikola and now this Altis. It will surely back out of Nikola right? Who can Bara last?

GM's Ultium is likely pure sht- why does have to partner with Honda? A safety in numbers strategy. GM's hydrogen is even bigger bs and an attempt to fraud the world into saving fossil fuels. So they bring out the Gates level bs to tell lies. Hydrogen isn't needed anywhere for fuel or energy
in anything except maybe some variations on rocketry which can still be done from pure green or in fusion. You have to ask why GM gives a damn about saving fossil fuels beyond its excuse of sunk costs which is a problem for it but still! Notice what Nikola
gave GM? It gave GM the 700 million GM's own former exec Steve Girsky injected Nikola with? Why didn't Girsky just give 700 million to GM straight away?
Because he couldn't. GM and Nikola should not be compared to Theranos but Enron and its desperate seeking of partnerships and merger with PG&E. More and more parallels will come forward. GM and Ford will be merged but in the mean time its like geriatric GM keeps trying to splinter itself by association with infant start ups hoping their youth will rub off on them- that it can get people it can't get through HR. This is like outsourcing everything its the mind set of people for whom inappropriate or undue use of money power is the only skill they have and note the fabrication that comes with it.

Its interesting on hydrogen. Solars power comes from hydrogen fusion in the sun but its perfectly distributed (you don't want heat soak and even in the US given northern lattitudes there is probably an average of 20hrs of daily sun exposure) or decentralized power (like democratic politics) and its clean. The energy in the hydrogen extracted from fossil fuels would presumable come from thorium decay in the crust (do we still believe in the fungus vegetation thesis?) and given the horrid rent seeking ridiculous ownership models it concetrates power and destroys democracy and it also pollutes bloodstreams (a carcinogenic monster- plastic ocean- converting the planet into a trash dump the effluge of which we drink) and raises the CO2 levels making the planet unstabile for habitation and the higher CO2 levels are already likely making people sick. If you doubled the current CO2 level in the atmosphere everyone would have CO2 poisoning likely quite life shortening. 2.5x and it would be quick planetary death for humans- can't handle elevated CO2 for long just like we need a little CO2 in air for our oxygen metabolism to work. We may be getting low grade CO2 poisoning now. Could adapt but that long time frames.