I invested in the investment round in december, and it was overfunded by 600%. Aptera wrote this in an E-mail
"Under Regulation Crowdfunding, a company can legally raise a maximum of $1.07M in a 12-month period."
I invested late in the round, and i can't figure out If I'm in, or if they will have to return my investment. Anyone knows?
Write to the wefunder site contact
Aptera will start another fundraiser approx Feb 2021
I also invested in Aptera for the first time in last december, my name appears in the investors list here https://wefunder.com/aptera/reports/2019. I'm not sure if this is an confirmation of anything. Is your name on this list mads?
Yes my name is there, but the round was overfunded at the time I invested, so I don't know if they will have to cancel it? I guess they will let ud know at some point.
I'm new to this investment in WeFunder ... do you get shares in the company ??
You get a "Simple Agreement for Future Equity".
"THIS CERTIFIES THAT in exchange for the payment by (the “Investor”) of (the “Purchase Amount”) on or about , Aptera Motors Corp, a Delaware corporation (the “Company”), hereby issues to the Investor the right to certain shares of the
Company’s capital stock, subject to the terms described below."
The "Post Money Valuation Cap" is $40,000,000
The "Discount Rate" is 100%
I invested, myself, a month or two ago. Not sure where I am on the list, or whatever. The reality is that in order for this car to be produced at all, realistically, they need BILLIONS, not a few paltry million. A few million MIGHT get them a pre-production model, but that's it. Even if they do manage to pump out a few, it'll take a year or two. Just like Arcimoto. That's the same track Aptera is following, seems like. Unfortunately. I'm hoping they get some big money interest. I honestly believe the Aptera should be the new Apple Car. Apple should - though probably won't, because they're elitist and egomaniacal and think they can do everything better, (have they EVER bought another company? I honestly don't know) - buy Aptera. Or one of these insanely stupid rich people, like Besos or Elon or Gates should pull a wad of billion-dollar bills out of their fat stack tied in a gold-plated rubber band in their pocket, and peel off a crisp new bill and stick it in the CEO's shirt pocket and say, "Maybe this will help". Pat. Big smile. Jog over to their jet and take off for lunch in the Maldives...