Atlis Motor Vehicles Inc (AMV)

[harry crumb]

Institutional ownership will be interesting after the offering closes $$$$

[harry crumb]

Yep, agree. These cheapies should make alot of money here $$$$, patience

[ErnieBilco]

WOW textbook massacre on offering, roughly 45% droppage from offering price. This means an almost guaranteed 45% profit from here. I prefer to plan for 145% gains since offerings generally increase 100% from offering price over time.

Looking forward to this one being a moneymaker down the road.

JMO - I play my own game, nobody should follow blindly

[harry crumb]

Offering expected to close today, there could be a massive reversal in play, coming soon

[harry crumb]

Look out above when the volume comes back, bargain prices again. $$$$

[harry crumb]

These low priced shares were being scooped up, its a true bargain imo here. This ticker will still be a very low float

[Charlie V]

https://www.atlismotorvehicles.com/news/-press-release-atlis-motor-vehicles-inc-announces-pricing-of-13-0-million-public-offering?utm_content=238359383&utm_medium=social&utm_source=linkedin&hss_channel=lcp-16223412

MESA, Ariz., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles, Inc. (NASDAQ: AMV) (“Atlis” or the “Company”), a vertically integrated electric vehicle technology ecosystem company, and the first battery cell manufacturer to be fully owned and operated in the US, today announced the pricing of its public offering of 8,334,000 units, with each unit consisting of one share of Class A common stock (or one pre-funded warrant to purchase one share of Class A common stock in lieu thereof), 0.65 Series A Warrants to purchase 0.65 shares of Class A Common Stock, and 0.75 Series B Warrants to Purchase 0.75 Shares of Class A Common Stock. Each unit is being sold at a public offering price of $1.56.

Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be approximately $13.0 million. The offering is expected to close on February 21, 2023, subject to customary closing conditions.

Maxim Group LLC is acting as the sole placement agent in connection with this offering.

[harry crumb]

The industry they are in is only going to get better! $$$$

[ErnieBilco]

Dropped further than anticipated so had to add some more.

It's like a gift from the stock gods

[harry crumb]

Small, 8m shares only

[harry crumb]

Just came out with an offering

[oregon 1]

What's going on???

[harry crumb]

Load! $$$$

[ErnieBilco]

$1.37 worth a starter.

[harry crumb]

Yeah it even got halted, then it exploded. I can see more an more of this, wouldn’t surprise me to see some sort of news pretty soon on the positive side at that

[oregon 1]

That was pretty good volume today

[harry crumb]

Primer for whats to come, bring on the volumn

[oregon 1]

Here we go

[oregon 1]

being a low floater this moves on air.

[harry crumb]

Halted

[harry crumb]

Yep, looking sweet for those who added. This stock moves fast an furious

[oregon 1]

It looks like we might trade 3 mil shares in the first half hr.

[oregon 1]

I think they finished selling the shares

[harry crumb]

Interesting day today

[oregon 1]

I million shares traded pre market

[oregon 1]

170

[harry crumb]

1.60’s premarket

[harry crumb]

Reversal

[harry crumb]

It is an have patience, easy triple here

[oregon 1]

Starting to get traction

[oregon 1]

The 1.50s are being gobbled up. This is such a bargain

[harry crumb]

Buy buy buy

[willlbone]

Thelma and Louise say sell.

[harry crumb]

All part of their game! After its all said an done, i wouldn’t want to be short on this one

[oregon 1]

Selling these shares is painful to watch.

[harry crumb]

Rally time coming

[Charlie V]

S1 out...
https://www.sec.gov/Archives/edgar/data/1722969/000121465923001969/o29233s1.htm

USE OF PROCEEDS

We estimate that the net proceeds from this offering will be approximately $17.9 million (assuming the sale of all Units offered hereby at the assumed public offering price of $3.10 per Unit, which represents the closing sale price of our Class A common stock on Nasdaq on February 6, 2023, and assuming no issuance of Pre-Funded Warrants and no exercise of the Warrants issued in connection with this offering), after deducting the estimated Placement Agent fees and estimated offering expenses payable by us. However, this is a best efforts offering with no minimum number of securities or amount of proceeds as a condition to closing, and we may not sell all or any of these securities offered pursuant to this prospectus; as a result, we may receive significantly less in net proceeds.

We intend to use the net proceeds of this offering primarily for general corporate purposes, which may include, but is not limited to, research and development and operations, capital equipment and raw materials. These uses may include building AMV battery manufacturing capabilities, working capital to support the continued manufacturing of our battery cell and the continued development of the AMV charging infrastructure, the XP platform and XT pickup truck. The amounts that we actually spend for any specific purpose may vary significantly, and will depend on a number of factors including, but not limited to, the pace of progress of our research and development, market conditions, and our ability to secure supply of goods and services for both equipment and raw material.

[Charlie V]

[harry crumb]

2.90’s buy are going to be a smart buy here with this ticker, patience folks $$$$!

[Charlie V]

[Press Release] AMV on Pace to Achieve Exponential Growth in 2023, Sets Goal to Double 2022 Headcount in Response to Growing Demand
https://www.atlismotorvehicles.com/news/-press-release-amv-on-pace-to-achieve-exponential-growth-in-2023-sets-goal-to-double-2022-headcount-in-response-to-growing-demand

MESA, Ariz., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles (Nasdaq: AMV), a vertically integrated electric vehicle technology ecosystem company, and the first battery cell manufacturer to be fully owned and operated in the US, today announced that the Company is on track to double in size to meet strong customer demand for its battery cell and battery pack technology.

The company plans to expand its AMV battery cell and pack manufacturing capabilities to meet production targets. During the prior quarter, production staff increased from 3 individuals to 37 and added multi-shift work schedules to enable the Company to manufacture cells twenty-four hours a day, seven days a week. In addition, Atlis continues to successfully recruit R&D talent across the Mechanical, Hardware, Software, Test, and Manufacturing Engineering teams.

Amidst industrywide layoffs, the Atlis team plans to sustain its growth trajectory and add headcount across the business while continuing to heavily invest in research and development for the Atlis EV technology ecosystem.

“A key component of our long-term growth strategy is concentrating investment in team members who devote their skill, experience, and knowledge to the success of Atlis and our mission,” said Mark Hanchett, Founder and CEO of Atlis Motor Vehicles. “We’re building a team of relentless problem-solvers focused on building technologies and solutions that will make it easier for our target segment to transition to EVs.”

For employees, Atlis offers benefits including health, vision, and dental insurance, 401(k), paid parental leave, unlimited PTO, leadership training for teammates across all divisions, and the opportunity to work on leading edge products. To learn more about open positions, please visit https://www.atlismotorvehicles.com/careers.

[Charlie V]

https://www.sec.gov/Archives/edgar/data/1722969/000121465923001217/r1272328k.htm

As previously disclosed, on January 5, 2023, Atlis Motor Vehicles, Inc. (the “Company”) entered into an amendment (the “Purchase Agreement Amendment”) to the Securities Purchase Agreement, dated as of November 3, 2022 (the “Purchase Agreement”), with each institutional investor party to the Purchase Agreement (collectively, the “Investors”), pursuant to which the Company and each Investor agreed, among other things, that, upon the terms and subject to the conditions stated therein, each Investor shall have the right, severally and not jointly, to purchase in a second tranche of funding (the “Second Tranche”) a base allocation of $5.0 million in Senior Secured Original Issue 10% Discount Convertible Promissory Notes (“Notes”), which are convertible into shares of the Company’s Class A common stock, and warrants (“Warrants”) to purchase a number of shares of the Company’s Class A common stock equal to 30% of the face value of the Notes divided by the volume weighted average price.

On January 27, 2023, each Investor exercised its right to purchase $5.0 million aggregate principal amount of Notes and Warrants in the Second Tranche, with gross proceeds to the Company of $4.5 million (or $10.0 million aggregate principal amount of Notes and Warrants for all Investors, with gross proceeds to the Company of $9.0 million). The Second Tranche is expected to close on or about January 31, 2023, subject to customary closing conditions.

[harry crumb]

Watch this today

[oregon 1]

This getting ready to take off within the next few days

[harry crumb]

There we go! Strong hold here $$$

[oregon 1]

So far this morning there are more buys than sells a change of pace.

[oregon 1]

a $3.20 close?

[oregon 1]

When this runs , it runs hard with this low floater

[oregon 1]

I think so to

[harry crumb]

Yeah around theres, green close starts a new candle, if they all sold out this thing could run up again like soon

[oregon 1]

Support seems to be setting in @ 3.00