---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-047181"
form_type: "8-K"
ticker: "POLA"
cik: "0001622345"
company_name: "Polar Power, Inc."
filed_at: "2024-11-21T23:59:59+00:00"
generated_at: "2026-05-29T20:45:54.854390+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Polar Power receives Nasdaq delisting notice for bid price non-compliance; 1:7 reverse split effective Nov 18

## Summary
- Nasdaq notified Polar Power on Nov 19, 2024, of delisting due to failure to meet $1 minimum bid price by deadline.
- Company intends to appeal delisting determination to Nasdaq hearings panel by Nov 26, 2024 deadline.
- Effected a 1:7 reverse stock split on Nov 18, 2024, to try to regain compliance; shares trade split-adjusted from Nov 19.
- Outstanding shares reduced from 17,561,612 to 2,511,350 (after rounding up fractional shares).
- Authorized shares remain at 50,000,000; stock symbol unchanged (POLA); new CUSIP 73102V204.

## SEC filing metadata
- accession: 0001493152-24-047181
- form_type: 8-K
- ticker: POLA
- cik: 0001622345
- company_name: Polar Power, Inc.
- filed_at: 2024-11-21T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 3.01, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1622345/000149315224047181/0001493152-24-047181-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1622345/000149315224047181/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-047181
- JSON: https://secwatch.observer/filing/0001493152-24-047181.json
- Plain text: https://secwatch.observer/filing/0001493152-24-047181.txt

## Key facts
- Governance Changes
  Polar Power, Inc.: Filed a Certificate of Amendment to effect a 1:7 reverse stock split of common stock, effective November 18, 2024 (effective 2024-11-18).
  - Change: charter amendment
  - Effective: 2024-11-18
  source text: On November 18, 2024, the Company filed a Certificate of Amendment to Certificate of Incorporation (the “Certificate of Amendment”) with the Secretary of State of Delaware to effect a 1:7 reverse stock split of the shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), either issued and outstanding or held by the Company as treasury stock, effective as of 4:05 p.m. (Delaware time) on November 18, 2024 (the “Reverse Stock Split”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1622345/000149315224047181/0001493152-24-047181-index.htm

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