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Aptera Motors Executes $75 Million Equity Line of Credit Facility with affiliates of New Circle Capital
Globenewswire· 2025-10-14 10:00
CARLSBAD, Calif., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Aptera Motors Corp. (“Aptera”), the solar mobility company focused on developing highly efficient vehicles, today announced it has entered into share purchase agreement providing for up to $75 million of committed equity financing (the “ELOC”) with New Circle Principal Investments LLC, an affiliate of leading growth-focused investor New Circle Capital. Aptera will have the right, but not the obligation, to issue and sell, from time to time, up to $75 milli ...