◆ NeutralPOLA
Polar Power Secures Up to $25 Million Committed Equity Facility to Support Growth
GlobeNewswire Inc.·
Polar Power, Inc. (NASDAQ: POLA) announced a Committed Equity Facility with Roth Principal Investments allowing the company to issue up to $25 million in common stock to raise working capital for growth in its DC power systems business, including data-center power solutions and drone-charging systems. The company may access capital opportunistically and is under no obligation to use the full amount.
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