Lightning eMotors, Inc. operates as an automobile company. The Company manufactures electric fleet medium- and heavy-duty vehicles, including delivery trucks, shuttle buses, passenger vans, chassis-cab models, and city transit buses. Lightning eMotors serves customers worldwide.
Company profile
Ticker
ZEV, ZEV-WT
Exchange
Website
CEO
Avishay S. Katz
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Toyota Motor • Ford Motor • General Motors • Paccar • Navistar International • XPeng • Li Auto • Rivian Automotive • NIO • WABCO ...
Former names
GigCapital3, Inc.
SEC CIK
Corporate docs
IRS number
844605714
ZEV stock data
Latest filings (excl ownership)
424B3
Prospectus supplement
26 Jan 23
8-K
Departure of Directors or Certain Officers
25 Jan 23
8-K
Lightning eMotors Produces a Record 128 Vehicles and Powertrains During the Fourth Quarter of 2022
10 Jan 23
DEFA14A
Additional proxy soliciting materials
4 Jan 23
DEFA14A
Additional proxy soliciting materials
27 Dec 22
DEF 14A
Definitive proxy
27 Dec 22
424B3
Prospectus supplement
16 Dec 22
PRE 14A
Preliminary proxy
16 Dec 22
8-K
Lightning eMotors Receives Continued Listing Standards Notice from the NYSE
16 Dec 22
424B3
Prospectus supplement
18 Nov 22
Latest ownership filings
SC 13G
BlackRock Inc.
3 Feb 23
4
Timothy Reeser
5 Jan 23
4/A
SHASHI SETH
23 Nov 22
4
Kshitij Sethi
22 Nov 22
SC 13G/A
Rosella Holdings Ltd
21 Nov 22
4
Change in insider ownership
15 Nov 22
4
Wanda Jackson-Davis
7 Oct 22
4
David Agatston
7 Oct 22
3
Wanda Jackson-Davis
26 Sep 22
4
Timothy Reeser
19 Sep 22
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Revenue | |||||
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| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | |
|---|---|---|---|
| Revenue | |||
| Cost of revenue | |||
| Operating income | |||
| Operating margin | |||
| Net income | |||
| Net profit margin | |||
| Cash on hand | |||
| Change in cash | |||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 95.80 mm | 95.80 mm | 95.80 mm | 95.80 mm | 95.80 mm | |
| Cash burn (monthly) | 9.87 mm | 7.62 mm | 6.59 mm | 5.71 mm | 4.22 mm | |
| Cash used (since last report) | 42.94 mm | 33.15 mm | 28.67 mm | 24.83 mm | 18.34 mm | |
| Cash remaining | 52.85 mm | 62.65 mm | 67.12 mm | 70.96 mm | 77.46 mm | |
| Runway (months of cash) | 5.4 | 8.2 | 10.2 | 12.4 | 18.4 | |
Institutional ownership, Q3 2022
53.6% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 91 |
| Opened positions | 17 |
| Closed positions | 14 |
| Increased positions | 23 |
| Reduced positions | 21 |
| 13F shares | Current |
|---|---|
| Total value | 310.41 mm |
| Total shares | 48.12 mm |
| Total puts | 1.59 mm |
| Total calls | 1.19 mm |
| Total put/call ratio | 1.3 |
| Largest owners | Shares | Value |
|---|---|---|
| BP Technology Ventures | 22.93 mm | $179.28 mm |
| Rosella | 11.17 mm | $87.36 mm |
| IVZ Invesco | 3.12 mm | $4.83 mm |
| Vanguard | 2.12 mm | $3.28 mm |
| BLK Blackrock | 2.04 mm | $3.16 mm |
| Bank Of The West | 709.82 k | $1.10 mm |
| CIBC Private Wealth | 617.32 k | $957.00 k |
| Geode Capital Management | 578.07 k | $896.00 k |
| Parallax Volatility Advisers | 500.01 k | $775.00 k |
| Greenhaven Road Investment Management | 412.58 k | $639.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 4 Jan 23 | Timothy Richard Reeser | Common Stock | Option exercise | Acquire M | No | No | 0.05 | 100,000 | 5.00 k | 1,745,427 |
| 4 Jan 23 | Timothy Richard Reeser | Stock Option Common Stock | Option exercise | Dispose M | No | No | 0.05 | 100,000 | 5.00 k | 1,884,581 |
| 11 Nov 22 | Rosella | Common Stock | Sell | Dispose S | No | No | 1.1001 | 1,300,000 | 1.43 mm | 7,571,903 |
| 5 Oct 22 | David Agatston | Common Stock | Grant | Acquire A | No | No | 0 | 260,081 | 0.00 | 260,081 |
| 5 Oct 22 | Wanda Jackson-Davis | Common Stock | Grant | Acquire A | No | No | 0 | 56,873 | 0.00 | 107,201 |
| 5 Oct 22 | Wanda Jackson-Davis | Common Stock | Grant | Acquire A | No | No | 0 | 50,328 | 0.00 | 50,328 |
News
12 Industrials Stocks Moving In Tuesday's Intraday Session
7 Feb 23
12 Industrials Stocks Moving In Friday's After-Market Session
3 Feb 23
12 Industrials Stocks Moving In Wednesday's Intraday Session
1 Feb 23
12 Industrials Stocks Moving In Wednesday's Pre-Market Session
1 Feb 23
12 Industrials Stocks Moving In Monday's After-Market Session
30 Jan 23
Press releases
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Lightning eMotors, Inc.
18 Jan 23
Lightning eMotors and its CEO Tim Reeser Win 2023 BIG Innovation Awards
11 Jan 23
Lightning eMotors Produces a Record 128 Vehicles and Powertrains During the Fourth Quarter of 2022
10 Jan 23
Lightning eMotors to Present at the 25th Annual Needham Growth Conference on January 11
4 Jan 23
Lightning eMotors Receives Continued Listing Standards Notice from the NYSE
16 Dec 22