SEV 8-K
Aptera Motors Corp (SEV)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01 Other Events.
As disclosed in its Form 10-Q, filed on November 14, 2025, Aptera Motors Corp. (the “Company”) has been in discussions with the California Energy Commission (the “CEC”) formalizing adjustments to its milestone schedule requirements. On November 18, 2025, the Company received communications from the CEC revising the milestones and schedule requirements.
The CEC has assured the Company that the grant agreement remains in place and that the Company remains eligible for funding upon satisfaction of the revised milestones. Additionally, the CEC informed the Company that future reimbursements will be dependent on achieving the milestones outlined in their communications and no longer directly linked to the timing of spending until such milestones are met. As a result, the Company does not anticipate receiving any further reimbursements from the CEC in 2025. Our ability to meet any milestones, whether current or subsequently revised, and therefore receive the full amount of anticipated grant disbursements, cannot be assured.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Aptera Motors Corp. | |||
| Date: | November 19, 2025 | By: | /s/ Chris Anthony |
| Name: | Chris Anthony | ||
| Title: | Co-Chief Executive Officer | ||