Aptera goes live on the NASDAQ on October 16, 2025 under the ticker symbol “SEV”

[chl]

Aptera Motors Approved for Nasdaq Listing, Set to Trade Under Ticker ‘SEV’

October 10, 2025


CARLSBAD, CA – October 10, 2025 – Aptera Motors Corp. (“Aptera” or the “Company”), the solar mobility company focused on developing highly efficient vehicles, today announced it has received approval to list its Class B common stock on The Nasdaq Capital Market (“Nasdaq”). The Company’s Class B common stock is expected to begin trading on October 16, 2025, under the ticker symbol “SEV”.

To mark the milestone, Aptera’s leadership team will participate in the Nasdaq Closing Bell ceremony on October 16, 2025.

“Listing on Nasdaq represents a pivotal chapter in our journey and is a testament to the dedication of our team and the passion of our global community,” said Chris Anthony, Co-CEO of Aptera. “We believe this step will help us accelerate our mission to deliver a solar-powered future and support the continued development of our first production vehicle for our reservation holders.”

“Our transition to a public company is intended to empower us to scale our operations and advance the cause of solar mobility,” said Steve Fambro, Co-CEO. “We are building more than just a car; we are building a movement, and this is a critical step in bringing true energy freedom to the world.”

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Aptera Motors Corp.
Aptera Motors Corp. is a solar mobility company driven by a mission to advance the future of efficient transportation. Its flagship vehicle is a paradigm-shifting solar electric vehicle that leverages breakthroughs in aerodynamics, material science, and solar technology to pursue new levels of efficiency. As a public benefit corporation, Aptera is committed to building a sustainable business that positively impacts its stakeholders and the environment. Aptera is headquartered in Carlsbad, California. For more information, please visit www.aptera.us.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, Aptera’s expected listing of its securities with The Nasdaq Capital Market. Forward-looking statements in this release relate to, among other things, the timing and outcome of any listing on Nasdaq. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements.

Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Aptera’s control. Aptera’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Aptera’s Registration Statement on Form S-1 filed with the SEC on August 27, 2025, as declared effective on September 30, 2025, as well as other documents that may be filed by Aptera from time to time with the SEC. The forward-looking statements included in this press release represent Aptera’s views as of the date of this press release. Aptera anticipates that subsequent events and developments will cause its views to change. Aptera undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing Aptera’s views as of any date subsequent to the date of this press release.

Media Contact:
[email protected]
https://aptera.us/nasdaq-listing/
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Disclosure: I have been an investor and stockholder in Aptera since 2023, and I am a member of the 'Accelerator Program" (out of 2000 investors of $10k or more) which gives me priority to purchase one of the first 2000 vehicles manufactured should I choose to do so.

As for the NASDAQ debut, it is my belief that the opening stock price will be valued at $44.40 per share from the information I have available at present.

For more information about the Aptera vehicle, visit their web site at: https://aptera.us/vehicle/

This is not a solicitation to purchase stock in Aptera, nor am I giving investment advice, nor making any representation about the company's financial health or prospects.

This is posted for informational purposes only, and I assume no liability for any inadvertent errors in the above information which was found on the Aptera website.

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[Shmoe]

Vaporware.

 

[CD4TNF]

Thank you for sharing this milestone for Aptera with us. I hope they get their vehicle to market. We need all the electric vehicles we can get.

 

[RickLightning]

Anyone thinking of buying shares should very carefully review Aptera's history, including numerous missed deadlines and broken promises. Almost Tesla-like.

Also note the phrase: "Aptera is committed to building a sustainable business"...

 

[TaxmanHog]

Another start up EV company to lose money on?!?

Already experienced a massive CG loss on AMV/NXU this year when they dissolved the company by Live YouTube meeting with shareholders & followers, not a class act by Mark Hanchett.

 

[RickLightning]

#LowCostIndexFunds

 

[Duke_239]

At $44.40 a share, what is the P/E ratio? Infinite?

 

[SpaceEVDriver]

https://electrek.co/2025/10/09/solar-car-maker-aptera-going-public-im-worried/

However, Aptera is not doing a traditional IPO. It’s not even doing a SPAC deal. It’s doing a direct listing, which means that if approved by NASDAQ, it will allow shareholders to trade their shares on the public market.

This is usually an exit strategy for existing shareholders. Aptera won’t receive any proceeds from going public. They wrote in their SEC filing:

This prospectus relates to the registration of the resale of up to 31,741,948 shares of our non-voting Class B common stock… We will not receive any proceeds from the sale of shares of Class B common stock by the registered stockholders.”

 

[chl]

Yes, always good to be a bit skeptical when investing in a company, no matter whether they are a start-up or an established business.

Never invest money you can't afford to lose!

But from following the development since 2023, I have been impressed with the engineering aspects of the design as it has evolved. Their YouTube page has videos going into the details.

It is not 'vaporware' per se, there actually is a vehicle, a manufacturing process, suppliers for the various parts, etc., so it is more than a mere concept at this point.

This is what Sandy Munro saw when he visited a year ago in Oct 2024:

Of course there is no guarantee they will be able to scale up and mass produce a vehicle. And of course the new administration and congress ending the EV subsidies will be a headwind for any new EV.

Time will tell.

It took Tesla a long time to come out with the Cybertruck after the announcement, same with the Lightning, so sometimes you have to be patient.

They have a growing 'fan base' for what its worth.

They are attempting to make a somewhat revolutionary electric vehicle, more efficient, simple to manufacture, etc., so I am hoping they are successful.

Not saying you should, but buying a couple of shares is not going to break the bank after all.

Look at their videos, consider the thought and ingenuity that went into the design, and make an informed decision before investing anything.

I think Ford and other EV makers could take a clue or two from some of the design ideas Aptera is implementing.

Even if it doesn't pan out and become a successful company, what they are doing is interesting to me from an engineering standpoint, so I support it.

 

[chl]

https://electrek.co/2025/10/09/solar-car-maker-aptera-going-public-im-worried/

While this initial listing is does only allow current stock holders to buy and sell their shares, that this is the end of the road for Aptera is pure speculation on his part, he also says:

"there’s a possibility that insiders somehow hold, and there’s some public demand for the stock amid this crazy bubble we are in – resulting in a price increase, which Aptera takes advantage of with a public offering..."

It creates a public market for the company. Going public will also allow Aptera in the future to raise capital by selling shares on the market, providing funding for vehicle production in the future.

It will also establish a price point/value for Aptera stock and indicate whether there is a market demand for shares in the company.

To really grow the company, going from crowd-funding to public funding can be one step in the process. That is, down the road, an IPO.

“Our transition to a public company is intended to empower us to scale our operations and advance the cause of solar mobility,” said Steve Fambro, Co-CEO.

I have no inside information about whether that is really the plan or not. We could take him at his word, or we could say it is BS.

If it is the plan, I hope it will be successful.

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