{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-033591","form_type":"8-K","ticker":"POLA","cik":"0001622345","company_name":"Polar Power, Inc.","filed_at":"2026-07-16T21:28:19+00:00","discovered_at":"2026-07-16T21:30:00.295386+00:00","generated_at":"2026-07-16T21:30:05.281058+00:00","sec_items":["5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Polar Power creates Series A Convertible Preferred Stock with 10% dividend and VWAP-based conversion","bullets":["25,000 shares of Series A Convertible Preferred authorized, $1,000 stated value per share.","Dividend accrues monthly at 10% per annum; convertible into common stock at market conversion price.","Conversion price equals 90% of lowest VWAP over 7 consecutive trading days preceding measurement date (lowest of three dates).","No shares have been issued or sold as of filing date; COD filed with Delaware on July 10, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-033591","json":"https://secwatch.observer/filing/0001493152-26-033591.json","markdown":"https://secwatch.observer/filing/0001493152-26-033591.md","text":"https://secwatch.observer/filing/0001493152-26-033591.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1622345/000149315226033591/0001493152-26-033591-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1622345/000149315226033591/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-16T21:30:05.281058+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}