---
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"
generated_at: "2026-07-16T21:30:05.281058+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Polar Power creates Series A Convertible Preferred Stock with 10% dividend and VWAP-based conversion

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-033591
- JSON: https://secwatch.observer/filing/0001493152-26-033591.json
- Plain text: https://secwatch.observer/filing/0001493152-26-033591.txt

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