Atlis Motor Vehicles (NASDAQ: AMV) is a vertically integrated work-focused EV technology ecosystem and battery company developing an electric work truck and the batteries to power it. The company recently announced its commencement of trading on the Nasdaq exchange under the symbol AMV. According to the update, Atlis is among the few companies that has executed its initial public listing through a Reg A financing after raising more than $35M through Reg A and Reg CF crowdfunding offerings. “We are incredibly gratified to have reached this milestone in partnership with our pre-public investors, many of whom have been invested in the company since its inception,” said Atlis CEO Mark Hanchett. “We now enter this exciting next phase of development for Atlis, in which we have achieved the milestone of becoming a publicly listed company, and now look forward to executing on an ambitious business plan to achieve revenue and profitability in an exciting and emerging market with significant opportunities to differentiate ourselves and tremendous potential to create, maintain and increase shareholder value.”
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About Atlis Motor Vehicles Inc.
Atlis is a mobility technology company developing products that will power work. The Atlis innovators are building an electric vehicle technology platform for heavy and light duty work trucks used in the agriculture, service, utility, and construction industries. To meet the towing and payload capabilities of legacy diesel-powered vehicles, Atlis is developing proprietary battery technology and a modular system architecture capable of scaling to meet the specific needs of the all-electric vehicle. For more information, visit www.AtlisMotorVehicles.com.
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