---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-022300"
form_type: "8-K"
ticker: "POLA"
cik: "0001622345"
company_name: "Polar Power, Inc."
filed_at: "2024-06-03T23:59:59+00:00"
generated_at: "2026-06-01T06:49:38.664871+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Polar Power gets 180-day Nasdaq extension to Nov 18, 2024 for $1 bid price rule

## Summary
- Received Nasdaq notification on May 30, 2024 granting 180 extra days to meet $1.00 minimum bid price.
- Compliance deadline extended to November 18, 2024; must close at $1.00+ for 10 consecutive business days.
- First deficiency notice was Nov 24, 2023; company met all other listing requirements except bid price.
- Plans to actively monitor bid price and consider options to cure the deficiency.

## SEC filing metadata
- accession: 0001493152-24-022300
- form_type: 8-K
- ticker: POLA
- cik: 0001622345
- company_name: Polar Power, Inc.
- filed_at: 2024-06-03T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1622345/000149315224022300/0001493152-24-022300-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1622345/000149315224022300/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-022300
- JSON: https://secwatch.observer/filing/0001493152-24-022300.json
- Plain text: https://secwatch.observer/filing/0001493152-24-022300.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.