Polar Power, Inc. Stock News

Company discloses historical ELOC issuances and states it does not currently intend to issue additional shares at valuations it considers excessively dilutive

Following $1.03 million in completed annualized cost reductions, Polar targets approximately $2 million in total annualized savings, inclusive of Phase 1 of its Restructuring, while positioning operations to support scalable revenue growth

Company strengthens operating platform while focusing on backlog conversion and accelerating growth across telecom, defense and distributed power markets

Warns Polar Power Shareholders that the Company is "Severely Distressed" DALLAS, Oct. 6, 2026 /PRNewswire/ -- Solidion Technology, Inc. (NASDAQ: STI) ("Solidion Technology" or "the Company"), an advanced battery technology solutions provider, today reaffirmed its disciplined acquisition strategy and commitment to maximizing shareholder value. Additionally, the Company responded to the decision ...

Company remains focused on maximizing shareholder value and evaluating credible strategic opportunities GARDENA, Calif., Oct. 05, 2026 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA) (the “Company”), a global provider of prime, backup and solar hybrid power solutions, today announced that its Board of Directors has rejected an all-cash proposal from Solidion to acquire all of the Company's...

Initial order potential first step to a multi-year deployment program. GARDENA, Calif.

GARDENA, Calif., Sept. 24, 2026 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA) today announced that Arthur D. Sams, the Company's Founder, President and Chief Executive Officer, has agreed to convert $614,700 of debt owed to him by the Company into 683 Series A Convertible Preferred shares of Polar Power.

GARDENA, Calif., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA), a global provider of prime, backup and renewable power solutions, today announced that it has reduced its outstanding indebtedness with Pinnacle Bank to approximately $1.667 million, down from approximately $4.7 million reported as of September 30, 2025.