Lowenstein Sandler represented Aptera Motors Corporation, a solar mobility company, in its successful direct listing of its Class B common stock on Nasdaq under the ticker symbol “SEV.” Aptera intends to scale its operations and support the development of its first production vehicle.
Lowenstein advised on all aspects of the transaction, from strategic readiness and securities compliance to stock exchange requirements and investor communications. The team coordinated cross-disciplinary support to streamline the listing process, address regulatory considerations, and ensure market preparedness.
Aptera Motors is driven by a mission to advance the future of efficient transportation. Its flagship vehicle is a paradigm-shifting solar electric vehicle that leverages breakthroughs in aerodynamics, material science, and solar technology to pursue new levels of efficiency. As a public benefit corporation, Aptera is committed to building a sustainable business that positively impacts its stakeholders and the environment.