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Aptera Motors Announces Closing of Warrant Inducement Transaction for $5.96 Million in Gross Proceeds | The Manila Times
CARLSBAD, Calif., July 13, 2026 (GLOBE NEWSWIRE) -- Aptera Motors Corp. (NASDAQ: SEV) (the 'Company” or 'Aptera”), a solar mobility company advancing ultra-efficient transportation, today announced that it has closed the immediate exercise of warrants, previously issued in March 2026, to purchase up to 2,880,000 shares of its Class B Common Stock at a reduced price of $2.07 per share for gross cash proceeds of approximately $5.96 million before deducting financial advisor fees and other transaction expenses.
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