Data / Crowdfunding / Arizona / Atlis Motor Vehicles Inc
Atlis Motor Vehicles Inc: crowdfunding raise on RIALTO MARKETS LLC, $4,999,991 (2021)
Atlis Motor Vehicles Inc, a corporation in Mesa, AZ, filed a Form C with the SEC on October 1, 2021 to raise $4,999,991 in common stock through RIALTO MARKETS LLC. The offering closed on October 31, 2021. In its most recent fiscal year it reported $0 in revenue and a net loss of $41,140, with 1 employees.
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- Website
- atlismotorvehicles.com
- Funding portal
- RIALTO MARKETS LLC
- Address
- 1828 N HIGLEY RD SUITE 116, Mesa, AZ 95864
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- November 9, 2016
- SEC CIK
- 0001722969
Offering terms
From the amendment filed October 1, 2021.
- Security
- Common Stock
- Price
- $12.74
- Target
- $4,999,991
- Maximum
- $4,999,991
- Deadline
- October 31, 2021
- Portal compensation
- We have retained Rialto Markets, LLC as a FINRA registered broker-dealer for its services in this transaction. Rialto will receive a fee of 3% of the aggregate amount of gross proceeds from the offering plus a securities commission of 1%, of the dollar v
Financials
From the Form C-U filed October 11, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-41,140 | $-1,251 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $609 | $-1,251 | sec.gov |
| Cash | $609 | $-1,251 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 11, 2022 | Progress update | $9,999 | $1,069,999 | February 8, 2019 | At the close of the offering, the issuer closed on $1,067,591.79 and 3,688,617 number of securities. | sec.gov |
| May 16, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| October 28, 2021 | Progress update | $4,999,991 | $4,999,991 | October 31, 2021 | At the close of the offering, the issuer closed on $4,999,841.36 and issued 479,193 shares of Class A common stock. | sec.gov |
| October 1, 2021 | Amendment | $4,999,991 | $4,999,991 | October 31, 2021 | extension | sec.gov |
| August 30, 2021 | Offering | $4,999,991 | $4,999,991 | September 30, 2021 | sec.gov | |
| July 23, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| July 1, 2021 | Progress update | Not listed | Not listed | Atlis is unable to meet the extended filing deadline for its Annual Report due to a variety of factors, including the effects of COVID-19 and the departure of the Company's CFO to pursue other opportunities. Form C-AR will file no later than 7/31/21. | sec.gov | |
| June 15, 2021 | Progress update | Not listed | Not listed | Atlis is unable to meet the extended filing deadline for its Annual Report due to a variety of factors, including the effects of COVID-19 and the departure of the Company's CFO to pursue other opportunities. Form C-AR will file no later than 6/30/21. | sec.gov | |
| April 27, 2021 | Progress update | $9,997 | $1,021,709 | April 29, 2020 | Atlis Motor Vehicles is unable to meet its filing deadline for its Annual Report on Form C-AR due to a variety of factors arising from difficulties and delays caused by the COVID-19 global health crisis, and will endeavor to file no later than 6/14/21. | sec.gov |
| May 12, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| May 6, 2020 | Progress update | $9,997 | $1,021,709 | April 29, 2020 | At the close of the offering, the issuer closed on $1,057,550.27 and 240,977 number of securities. | sec.gov |
| March 10, 2020 | Amendment | $9,997 | $1,059,720 | April 29, 2020 | Updating mismatch in maximum raise amount. | sec.gov |
| March 10, 2020 | Amendment | $9,997 | $1,021,709 | April 29, 2020 | Raising maximum funding goal and extending end date | sec.gov |
| January 17, 2020 | Amendment | $9,997 | $1,021,709 | March 10, 2020 | Issuer is increased their maximum funding goal. | sec.gov |
| December 10, 2019 | Amendment | $9,997 | $728,992 | March 10, 2020 | updating max funding goal | sec.gov |
| December 10, 2019 | Amendment | $9,997 | $728,998 | March 10, 2020 | Updated end date | sec.gov |
| December 10, 2019 | Offering | $9,997 | $728,998 | April 15, 2020 | sec.gov | |
| May 2, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| February 12, 2019 | Progress update | $9,999 | $1,069,999 | February 8, 2019 | At the close of the offering, the issuer closed on $1,069,999.95 and 3,691,560 number of securities. | sec.gov |
| January 30, 2019 | Amendment | $9,999 | $1,069,999 | February 8, 2019 | Issuer is increasing the maximum funding goal. | sec.gov |
| December 7, 2018 | Amendment | $9,999 | $1,035,714 | February 8, 2019 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| October 10, 2018 | Amendment | $9,999 | $1,035,714 | December 10, 2018 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| August 13, 2018 | Amendment | $9,999 | $1,035,714 | October 15, 2018 | Issuer is extending their offering and updating their campaign page. | sec.gov |
| June 7, 2018 | Amendment | $9,999 | $1,035,714 | August 14, 2018 | Issuer is extending her offering. | sec.gov |
| March 16, 2018 | Offering | $9,999 | $1,035,714 | June 14, 2018 | sec.gov |
Also on SpecStream
Updated October 11, 2022. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.