SEV 8-K: Secondary offering

Aptera Motors Corp.

Filed with the SEC on · accession 0001493152-26-051042

SEV filed a 8-K (current report) with the SEC on Nov 10, 2026. Aptera Motors Corp. entered into a securities purchase agreement for a registered direct offering of 3,428,571 shares of Class B common stock at $1.75 per share, along with a concurrent private placement of warrants to purchase up to 3,428,571 additional shares at $2.05 per share. The stock moved -28.9% by the first close after the filing.

Summary of the filing

Aptera Motors Corp. entered into a securities purchase agreement for a registered direct offering of 3,428,571 shares of Class B common stock at $1.75 per share, along with a concurrent private placement of warrants to purchase up to 3,428,571 additional shares at $2.05 per share. The offering is expected to close on or about November 12, 2026, with net proceeds of approximately $5.5 million.

Key details

Number of shares sold in registered direct offeringshares 3.4M
Purchase price per share$2
Number of warrants issued in private placementwarrants 3.4M
Exercise price per warrant$2
Net proceeds from offering$5.5M
IssuerAptera Motors Corp.

How SEV stock reacted

Close before

$2.28

Nov 9, 2026

First close after

-28.95%

$1.62

5 trading days

—

Since filing

—

✦ Ask GOAX AI about this filing — what it means for SEV, what changed since its last filings and what to watch next.

Try it free for 7 days

🔔 Want to stay updated on new SEC filings for SEV?

Click here

Frequently asked questions

What did SEV file with the SEC on Nov 10, 2026?

SEV filed a 8-K (Secondary offering). Aptera Motors Corp. entered into a securities purchase agreement for a registered direct offering of 3,428,571 shares of Class B common stock at $1.75 per share, along with a concurrent private placement of warrants to purchase up to 3,428,571 additional shares at $2.05 per share. The offering is expected to close on or about November 12, 2026, with net proceeds of approximately $5.5 million.

What does a secondary offering mean for SEV stock?

New shares dilute existing holders and are often sold at a discount to the market price.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did SEV stock react to this filing?

SEV closed at $2.28 before the filing and $1.62 on Nov 10, 2026 (-28.95%).

Other SEV SEC filings

Get alerts when SEV files with the SEC, plus live charts, key levels and news for 13,000+ stocks.

Try SEPT free for 7 days