I saw an ad to invest in Atlis Motor Company. Its not yet publicly traded and I was thinking of throwing some money in with the hope that it will either get bought out by a larger manufacturer or the share price will increase when they go public. I like how their vehicles look and this seemed interesting to me.
Then I thought about it and thought it was a little weird that a company would advertise to invest in it to the public? Then I thought I remembered someone told me that the general public cannot invest in a pre IPO stock because they aren’t considered a sophisticated investor. Then I thought this might be some type of scam.
Gonna post the link at the bottom…. if anyone knows anything about this please give me some insight. Thanks.