Polar Power, INC

Market Movers (8-K)

NASDAQ
Polar Power, Inc. has filed a Certificate of Designation for its Series A Convertible Preferred Stock, outlining terms for a new class of preferred stock with a 10% annual dividend.
Capital raise
NASDAQ
Polar Power, Inc. has issued a $275,000 convertible promissory note to Mayers Ventures LLC, which includes a board seat nomination right.
Capital raise
NASDAQ
Polar Power, Inc. has secured an extension from Nasdaq to regain compliance with listing rules regarding stockholders' equity, with a new deadline of October 28, 2026.
Capital raise
NASDAQ
Polar Power Inc. announced significantly improved financial results for the first quarter of 2026, marked by a substantial increase in gross margin and a narrowed net loss.
Better than expected
NASDAQ
Polar Power, Inc. has entered into two convertible note agreements totaling $970,600 and a restructuring services agreement with Mammoth Crest Capital, LLC.
Worse than expected
Capital raise
NASDAQ
Polar Power, Inc. has entered into a $2.5 million revolving loan agreement with Stone Brothers Capital, involving a significant board restructuring.
Capital raise

Quarterly Earnings (10-Q)

NASDAQ
Polar Power reports Q1 2026 results amid severe liquidity constraints, facility eviction, and ongoing going concern risks.
Delay expected
Capital raise
NASDAQ
Polar Power, Inc. reported significant net losses and declining sales for Q3 and the first nine months of 2025, raising substantial doubt about its ability to continue as a going concern.
Delay expected
Worse than expected
Capital raise
NASDAQ
Polar Power, Inc. reported a significant 42% drop in Q2 net sales and a net loss, raising substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
NASDAQ
Polar Power's Q1 2025 results show a reduced net loss compared to the previous year, despite a slight decrease in net sales.
Better than expected
NASDAQ
Polar Power Inc. achieved a 157% increase in net sales and returned to profitability in the third quarter of 2024, marking a significant turnaround from the previous year.
Better than expected
NASDAQ
Polar Power Inc. experienced a decrease in revenue but an increase in profitability during the second quarter of 2024, according to its latest financial report.
Worse than expected
Capital raise

Annual Reports (10-K)

NASDAQ
Polar Power Inc. (POLA) disclosed a substantial 55% year-over-year revenue decrease for fiscal year 2025, alongside significant net losses and ongoing concerns about its ability to continue as a going concern.
Capital raise
Worse than expected
NASDAQ
Polar Power reports a net loss and raises substantial doubt about its ability to continue as a going concern, despite efforts to diversify its customer base and reduce operational costs.
Worse than expected
Capital raise
NASDAQ
Polar Power, Inc.'s annual 10-K filing details the company's capital structure, director qualifications, and anti-takeover provisions, while also addressing recent business challenges and a going concern warning.
Worse than expected
Delay expected
Capital raise

Insider Trading (Form 4)

NASDAQ
Director Michael Field acquired 2,679 shares of Polar Power, Inc. common stock on January 30, 2025, in lieu of a $7,500 cash payment.

Proxy Statements (Def-14A)

NASDAQ
Polar Power, Inc. announced its 2025 Annual Meeting of Stockholders to vote on director elections, auditor ratification, a new equity incentive plan, and executive compensation matters.
Worse than expected
Delay expected
NASDAQ
Polar Power, Inc. adjourned its annual meeting to November 11, 2024, due to the absence of a quorum.
Worse than expected
Delay expected
NASDAQ
Polar Power, Inc. is asking stockholders to approve a reverse stock split to meet Nasdaq's minimum bid price requirement and maintain its listing.
Worse than expected

New Public Companies (S-1)

NASDAQ
Polar Power, Inc. has entered into a committed equity facility with Roth Principal Investments, LLC, allowing for up to $25 million in potential capital over 36 months, alongside efforts to regain Nasdaq listing compliance.
Capital raise

Schedule 13G - Passive Investments

NASDAQ
Bard Associates Inc. has filed an Amendment No. 3 to Schedule 13G, disclosing a passive ownership of 0.1% of Polar Power, Inc.'s common stock.
NASDAQ
Bard Associates Inc. has increased its beneficial ownership in Polar Power, Inc. to 15.4% of common stock, holding 386,389 shares.