POLA

#4880
Polar Power, Inc. - Common Stock
1.6 3 USD
-0.04%
Sektor: Industrie
Basis: USD
Gewinnwährung: USD
Tagesspanne
1.63
1.63
Jahresspanne
1.38
2.89
Tagesänderung
-3.55%
Monatliche Änderung
-5.78%
6 month change
+10.14%
Jahresänderung
+10.14%
Vorheriger Schlusskurs
1.6 9
Open
1.6 3
Tief
1.6 3
High
1.6 3
Volumen
2
Vollständige Grafik anzeigen

Financials

Übersicht Finanzbericht Statistik Documents

2026

Current report, Q3 FY2026
Polar Power, Inc. current report, Q3 FY2026
8-K
Current report, Q3 FY2026
Polar Power, Inc. current report, Q3 FY2026
8-K
Current report, Q3 FY2026
Polar Power, Inc. current report, Q3 FY2026
8-K
Current report, Q2 FY2026
Polar Power, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Polar Power, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Polar Power, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Polar Power, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Polar Power, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Polar Power, Inc. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
Polar Power, Inc. quarterly report, Q1 FY2026
10-Q

Polar Power, Inc. current report, Q4 FY2025

Business Context and Reporting Period

Polar Power, Inc. (POLA) filed a Current Report on Form 8-K dated October 6, 2025. The filing reports the entry into a material definitive agreement to establish an "at-the-market" (ATM) equity offering program.

Key Financial Metrics and Transaction Details

  • Offering Capacity: The Company may offer and sell shares of common stock up to an aggregate offering price of $2,382,043.
  • Commission Rate: The Sales Agent (ThinkEquity LLC) will receive a fixed commission of 3.0% of the aggregate gross proceeds.
  • Reimbursement Cap: The Company agreed to reimburse the Sales Agent for fees and expenses up to $30,000.
  • Annual Expense Reimbursement: Up to $10,000 per fiscal year, subject to specific quarterly adjustments if the offering amount is increased.
  • Additional Filing Costs: Up to $10,000 per occasion (maximum two occasions per calendar year) for additional prospectus filings.

Material Changes and Agreement Terms

The primary material change is the execution of the Sales Agreement with ThinkEquity LLC. Key terms include:

  • Sale Method: Shares may be sold directly on or through The Nasdaq Capital Market or other existing trading markets at prevailing market prices.
  • Price Control: The Company retains the right to instruct the Sales Agent not to sell shares if sales cannot be effected at or above a designated price.
  • Termination: Either party may terminate the agreement at any time by providing ten days' prior notice.
  • Obligation: The Company is not obligated to make any sales under the agreement.

Guidance, Outlook, and Risks

The filing does not provide specific financial guidance, revenue outlook, or management commentary regarding future operational performance. The document notes that the 8-K does not constitute an offer to sell or a solicitation of an offer to buy the shares in any state where such offer would be unlawful prior to registration.

Investor Verification Checklist

  • Verify the current market price of POLA common stock to assess potential dilution impact from the $2.38 million offering.
  • Review the full text of the Sales Agreement (Exhibit 10.1) for specific termination clauses and conditions not detailed in the summary.
  • Monitor future filings for the prospectus supplement to confirm the exact number of shares authorized for sale.
  • Check the Company's cash position to determine the immediate necessity of this capital raise.

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