IPO (Initial public offering)


Atlis Motor Vehicles (NASDAQ:AMV) shares gained ground Tuesday after the EV maker listed its common shares on Nasdaq through a Regulation A financing.

Shares of Atlis opened at $30.11 at around 1:40 p.m. ET. The stock recently changed hands at $39 at approximately 2:00 p.m. ET. 

The Arizona-based maker of EV work trucks and batteries said in a statement that it had conducted its initial public offering through an SEC Regulation A financing. It added that it had raised in excess of $35M through Regulation A and Regulation CF crowdfunding offerings. 

For more IPO News, check out SA’s IPO News page.


Image and article originally from seekingalpha.com. Read the original article here.

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