Aptera (SEV) raises $6.3M through warrant exercise
Solar EV startup Aptera Motors just added some fresh funding to its development journey via warrant exercise. The funding is made possible by a public offering that began in January. It’s been ten days since our favorite (and only) SEV startup announced it had rolled its first solar electric vehicle off its validation assembly line in Southern California. That progress was made possible by a direct listing on the Nasdaq in 2025. In January, Aptera announced it had completed a $9 million equity raise led by institutional investors with the option to receive additional gross proceeds if certain warrants are exercised. At the time, Aptera co-founder and co-CEO Chris Anthony stated that the equity raise was “very intentional.” He added that if all related warrants are converted, Aptera’s total gross proceeds from the raise could reach $18 million. Less than two months later, some of those warrants are already being exercised to keep Aptera’s solar EV validation process funded, but this heightens the risk of diluting its stock. Advertisement – scroll for more content Source: Aptera …
