ATLIS MOTOR VEHICLES TO LIST ON NASDAQ (2024)

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ATLIS MOTOR VEHICLES TO LIST ON NASDAQ? ›

MESA, Ariz., May 4, 2022 /PRNewswire/ -- Atlis Motor Vehicles (ATLIS), a mobility technology company, announced plans to submit an S-1 format Form 1-A and Nasdaq Global Market application in anticipation of a public listing on the stock market. The ticker symbol "AMV" has been reserved by ATLIS on Nasdaq.

Now that Nxu (formerly Atlis Motor Vehicles) is a publicly traded company, our equity crowd funding offerings and individual private placements are closed.

Based on 1 Wall Street analysts offering 12 month price targets for Atlis Motor Vehicles Inc Class A in the last 3 months. The average price target is $2.00 with a high forecast of $2.00 and a low forecast of $2.00. The average price target represents a 277.36% change from the last price of $0.53.

Each unit is being sold at a public offering price of $1.56. Gross proceeds are expected to be ~$13M. Offering is expected to close on Feb. 21, 2023.

Atlis, now trading on Nasdaq under the symbol AMV, is developing a commercial work truck and the electric batteries to power it.

Step 1: Decide where to buy Atlis Motor Vehicles stock

You will need an online brokerage account to access the NASDAQ market and buy AMV stock. A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

The Wall Street analyst predicted that Atlis Motor Vehicles's share price could reach $15.00 by Dec 21, 2023. The average Atlis Motor Vehicles stock price prediction forecasts a potential upside of 2,730.19% from the current AMV share price of $0.53.

As of May 12, 2023, Atlis Motor Vehicles Inc had a $18.6 million market capitalization, putting it in the 17th percentile of companies in the Auto & Truck Manufacturers industry. Atlis Motor Vehicles Inc does not have a meaningful P/E due to negative earnings over the last 12 trailing months.

For 2023. In 2023, the price of an AMV share might reach a high of $8 and a low of $6 before fluctuating during the year. If the AMV stock continues to trade within these parameters, this may represent an all-time high for the AMV stock.

Who has invested in Atlis? ›

Atlis Motor Vehicles has 5 investors including Mirza Canada and Pario Ventures .

First, let's talk about the price of an Atlis XT electric pickup truck. Buyers will have the option of owning the entry-level XT version with 125 kWh battery pack and 300-mile range for $45,000, and the 500-mile range top-of-the-line version for about $69,000.

Atlis Motor Vehicles recently announced that it will be shipping its first battery packs to an off-highway equipment customer in summer of 2023. To further align with the company's focus on developing technology for mobility and infrastructure, it has also rebranded as Nxu, Inc (pronounced: “new”).

AMV Stock Price | Atlis Motor Vehicles Inc.

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Atlis Motor Vehicles net worth as of May 12, 2023 is $0.03B.

Mark Hanchett, CEO and founder of Atlis Motor Vehicles, talks about his unusual approach to fundraising for his company.

Atlis Motor Vehicles has raised a total of $69.3M in funding over 9 rounds. Their latest funding was raised on Nov 4, 2022 from a Private Equity round. Atlis Motor Vehicles is registered under the ticker NASDAQ:AMV .

How do I buy US blue chip stocks? ›

How do I invest in blue-chip stock? You can purchase blue-chip stocks through online brokerage firms or gain access to them through blue-chip funds. Given the high price-tag per share for some blue-chip stocks, some investors are opting to buy into these companies through fractional trading offerings.

To buy IPO shares, the buyers place the order at a certain premium via grey market dealers. The dealer then contacts the sellers who had applied for an IPO and asks them to sell their IPO stocks at a grey market premium.

AMC stock price stood at $5.14

According to the latest long-term forecast, AMC price will hit $9 by the end of 2024 and then $12 by the end of 2025. AMC will rise to $15 within the year of 2026, $17 in 2027, $20 in 2028 and $25 in 2032.

Stock Price Forecast

The 6 analysts offering 12-month price forecasts for Amyris Inc have a median target of 1.38, with a high estimate of 5.00 and a low estimate of 0.70. The median estimate represents a +111.51% increase from the last price of 0.65.

Shares of Atlis Motor Vehicles Inc. dropped 28%, to $1.86, on Monday after the company disclosed plans to offer 6.45 million units. Shares reached a preliminary, all-time intraday low at $1.85, according to FactSet.

400-mile range / 6.5 ft.

Atlis Motors (AMV) surged 200% today on an operational update. The company shared that it has more than 2 gigawatt hours of orders in its pipeline. Given how far this stock has fallen, today's re-pricing appears to make sense.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlis Motor Vehicles in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" AMV shares.

Analyst Future Growth Forecasts

Revenue vs Market: AMV's revenue (92.5% per year) is forecast to grow faster than the US market (7.6% per year). High Growth Revenue: AMV's revenue (92.5% per year) is forecast to grow faster than 20% per year.

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Mark Hanchett is the CEO & Founder at Atlis Motor Vehicles .

Atlis Motor Vehicles corporate office is located in 1828 N Higley Rd Ste 116, Mesa, Arizona, 85205, United States and has 58 employees.

Atlis shares have been volatile since the company went public through an SEC Regulation A listing on Sept. 27 with a listing price of $27.50 per share.

Towing capacity varies from 5,000 to 20,000 pounds, with up to 35,000 pounds available with a fifth wheel gooseneck trailer — all square in full-size ICE range. Range is between 300 and 500 miles depending on the model, with a 0-60 time of five seconds and a top speed of 120 MPH.

We got an early look at the 2025 Ram 1500 REV. The electric pickup hits streets in 2024 and challenges EV trucks from Ford and GM. It promises an unmatched 500 miles of range, but Ram hasn't released pricing yet.

Its makers, Atlis Motor Vehicles based in Mesa, Arizona, say they wanted to mimic the capability of a three-quarter-ton diesel truck, but with a fully-electric powertrain and they are also touting the vehicle as being very customizable, with two cab options and length variants.

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HYN-USD - Hyperion USD.

Ford held an 11.4% stake in Rivian at the end of 2021. Shares of Rivian fell 3.4% in afternoon trade. The stock had a poor run in 2022, losing about 82% of its value as the company reeled from supply chain disruptions and missed its full-year production target of 25,000 units.

AMV debuted at an offering price of $27.50 per share and opened at $30.11. The company offered 1.85 million shares, and interest surged during the night. The following day Atlis share price saw a high of $243.99.

Overall, Atlis Motor Vehicles Inc stock has a Growth Grade of F, . Whether or not you should buy Atlis Motor Vehicles Inc stock will ultimately depend on your individual goals, risk tolerance and allocation. AAII can help you figure these out and identify which investments align with what works best for you.

Shares of Atlis Motor Vehicles Inc. dropped 28%, to $1.86, on Monday after the company disclosed plans to offer 6.45 million units. Shares reached a preliminary, all-time intraday low at $1.85, according to FactSet.

Mark Hanchett is the CEO & Founder at Atlis Motor Vehicles .

The RIVN IPO raised $11.9 billion, giving Rivian an initial valuation of roughly $77 billion.

The Wall Street analyst predicted that Atlis Motor Vehicles's share price could reach $15.00 by Dec 21, 2023. The average Atlis Motor Vehicles stock price prediction forecasts a potential upside of 2,876.19% from the current AMV share price of $0.50.

About Atlas (NYSE:ATCO) Stock.

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The company is a high-risk investment and has no liquidity, as its stock is not yet traded. However, if you're up for a high-risk bet with a small portfolio allocation, Atlis may be worth a look.