Equity Crowd Funding Investor FAQ's

Behind the Bell - An Explanation of AMV's Path to Public and What Happens Next for Shareholders

Did Atlis Motor Vehicles IPO?

We used Reg A as the vehicle to take us public. This was a public listing, not an IPO. We did not issue new shares, and we did not raise additional capital. This listing allows our Reg A investors to trade their shares, and it allows Atlis to access capital markets. Our listing did not allow for registration of shares purchased outside of Reg A.

Why can we only trade Reg A shares?

We used Reg A as a vehicle to take us public. To make Reg A shares registered and tradable on a national exchange, we needed to file an 8-A with the SEC. Once the 8-A was effective, we were cleared to allow public trading of Reg A shares. Only those investors with Reg A shares can legally trade 8-A registered shares.

When can we trade Reg CF and Reg D shares?

We are in the process of preparing to register all other restricted shares (Reg CF + Reg D). To do this, we'll file an S-1 Resale Registration Statement with the SEC. A company must be publicly listed in order to file a Resale S-1.

Have Atlis Motor Vehicles employees, former employees or officers traded?

To date, neither AMV as a company nor AMV employees have sold or traded shares. After working through filing of the S-1, we'll file the S-8 which will register employee shares. Employees and former employees cannot trade until those shares are registered with the SEC.


Are my shares Reg A or Reg CF?

If you purchased shares of Atlis Motor Vehicles for $8.24, $15.88, or $27.50, you own Reg A shares, which unrestricted at this time. If you purchased shares for $0.29, $5.93, or $12.74, you own Reg CF stock. At this time, Reg CF shares are restricted.

How Do I Access My AST Account

Once you receive an email from AST containing your personal Welcome Letter, you can move forward by following the steps below. The letter has all the necessary investor account information needed for access. This letter is also being physically mailed to the mailing address on file, along with your account statement.

Step 1: Go to www.astfinancial.com/
Step 2: Click Login located at the top right-hand corner of the page.
Step 3: Click 'First Time Here? Register' under Shareholder Central and complete the short registration process to create your unique login ID.

NOTE: If you are a non – U.S. shareholder please select Registration for Non-US Holders on the top of the page and complete the short registration process. You will need to know the AST Company Number which is printed on the bottom right-hand corner of your Welcome Letter. Your PIN number will then be mailed to the address of record for the account.

NOTE: If you are unable to log into your account, it may be that your Social Security Number/TIN is not on file with AST. You will need to complete and return the tax form, W9 form (domestic shareholders), W8 BEN (foreign individual), or W8 BEN-E (foreign entity). The forms are available at www.astfinancial.com/knowledge-center/forms/. Once AST receives your tax form your account will become certified, and you can access your account online.

You must send a hard copy of the completed tax form by mail to AST at the mailing address below:

Atlis Motor Vehicles
c/o AST
6201 15th Avenue
Brooklyn, NY 11219

What If My Mailing Address Has Changed?

You can update your mailing address through Shareholder Central once you have access to your AST account.

NOTE: If the address on file is the address of Atlis Motor Vehicles, this means a valid mailing address was not provided, however, you can amend the address of record in Shareholder Central when you log in to your account.

Are My AMV Shares Restricted?

Class A Reg A shares from both Reg A rounds are unrestricted and available for trading once transferred from AST to an eligible brokerage.

All securities must be registered or subject to an exception to be traded. The form 8-A we filed with the SEC only registered the Reg A shares. As such, if you participated in Reg CF crowdfunding campaigns or invested as part of a Reg D private placement, your Class A Reg CF and Class A Reg D shares may currently be listed as restricted.

We are working with the SEC to file the necessary registration statements to register these remaining securities and make them unrestricted for trade. These registration statements could not be filed until AMV was listed on Nasdaq. We will have an update on this soon.

How Do I Transfer and Trade My Shares?

Only unrestricted (Reg A) shares may be transferred and traded at this time. We will provide updates for the remaining restricted securities soon.

Once you have access to your AST account and your shares are unrestricted, you can begin the process to transfer your holdings. Trading will require the transfer of unrestricted shares from AST to the eligible broker of your choosing (i.e., E*Trade, Fidelity, etc.). To do this, please follow the instructions below:

Your broker should initiate a DRS Profile transaction by submitting the request through DTC with the following information:

  1. ASTs referenced 10-digit account number for the Shareholder's account at the top of the Shareholders Welcome Letter.
  2. The Tax ID # of the Shareholder. AST must have a tax ID on record.
  3. The Cusip for the company: 049506108
  4. The number of shares requesting to be transferred.

Your broker will handle this entire process, it is electronic, and AST is not involved.

Can AST Sell My Shares?

For you to sell your shares, you can open a broker account and move the shares through the process outlined above.

Did I Receive My Bonus Shares?

If you are eligible to receive Bonus Shares, these will now reflect on your AST account.

IMPORTANT: Although Bonus Share eligibility is based on lifetime investment, the number of Bonus Shares allocated is based ONLY on investments at the $15.88 or $27.50 share prices.

EXAMPLE: If you invested $1,000 in a previous round and invested $500 additional during our previous Reg A round, you would receive the Tier 1 Bonus of an additional 5% shares of the share count purchased for $500.

You can review the Bonus Tiers on our previous investment page: Invest In ATLIS - Atlis Motor Vehicles

Please note that Reg D investments are not eligible for Bonus Shares.

Now That Atlis (AMV) is Public, Where Can I Buy More Shares?

Now that Atlis (AMV) is a publicly traded company, you can purchase publicly traded shares of Atlis (AMV) on an investment platform that facilitates trades of public stock and/or through your preferred brokerage.

AST Telephone and E-mail Assistance

  • You can reach an AST representative Dedicated to Atlis Shareholders by dialing (877) 248-6416.
  • If you are a non-US Citizen, you can call AST's universal support line for domestic and foreign inquiries by dialing (718) 921-8124.
  • You can also e-mail AST's universal support at[email protected]

Customer service representatives are available 8 a.m. to 8 p.m. Eastern Time, Monday through Friday.

Mail Inquiries

To contact AST via postal mail:

Atlis Motor Vehicles
c/o AST
6201 15th Avenue
Brooklyn, NY 11219