Atlis Motor Vehicles is trying to disrupt the electric work truck market by developing its own chassis and the batteries and motors to drive it.
And it is taking a disruptive path to becoming a public company.
About 29,000 investors have purchased $32.6 million in private shares of the Mesa, Arizona-based company. Atlis holds the ticker symbol AMV on the Nasdaq Global Market. And that’s where the shares will trade when the listing is activated sometime in the next few months.
https://www.freightwaves.com/news/electric-work-truck-startup-taps-small-investors-for-32-6m