Aptera Motors Corp (SEV): Form 8-K filed 2026-11-13
- Accepted by EDGAR
- 2026-11-13 16:05 ET
- Event date
- 2026-11-13
- Accession no.
- 0001493152-26-051711
- Original filing
- SEC EDGAR filing index
AI summary of the filing text. It can contain mistakes; the original filing is authoritative.
Aptera reports quarterly loss, financing needs and continuing going-concern uncertainty
Aptera reported a Q3 2026 GAAP net loss of $14.0 Million and $9.2 million in cash and cash equivalents as of September 30, 2026. It estimates approximately $25 million is needed to reach start of series production. Existing cash is insufficient to fund operations for the next twelve months, and substantial doubt about its ability to continue as a going concern has not been alleviated.
- Q3 2026 adjusted net loss was $10.2 Million (Non-GAAP); first nine months GAAP net loss was $35.0 Million.
- Cash and cash equivalents included $4.1 million of refundable reservation fees as of September 30, 2026.
- Since quarter end, Aptera raised approximately $6.0 million in gross proceeds through a registered direct offering and private placement.
- The Launch partnership covers up to RMB 300 million in services, two-thirds payable in cash and one-third through warrants.
earningsfinancingmaterial agreement
Items reported
- Item 2.02: Results of Operations and Financial Condition
The company publicly announced results of operations or financial condition for a completed period, most often a quarterly earnings release. The release itself is usually attached as Exhibit 99.1. Information under Item 2.02 is generally "furnished" rather than "filed". - Item 7.01: Regulation FD Disclosure
The company is making information public under Regulation FD, which requires broad public disclosure of material information shared with certain market participants. Investor presentations and press releases are common. Like Item 2.02, this information is generally "furnished" rather than "filed". - Item 9.01: Financial Statements and Exhibits
Lists the financial statements, pro forma information and exhibits filed with the report. It almost always accompanies another Item and is rarely news on its own.
Documents
| Type | Description | Document |
|---|---|---|
| 8-K | 8-K | form8-k.htm |
| EX-99.1 | EX-99.1 | ex99-1.htm |
The summary above was generated by AI from the filing text and checked automatically against it. Read the original documents on SEC EDGAR. How to read an 8-K.