{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-037198","form_type":"8-K","ticker":"POLA","cik":"0001622345","company_name":"Polar Power, Inc.","filed_at":"2026-08-11T21:25:34+00:00","discovered_at":"2026-08-11T21:26:00.505476+00:00","generated_at":"2026-08-11T21:26:13.202199+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Polar Power raises $999,700 via Series A Convertible Preferred sale to CL Investment and LU2","bullets":["Closed Aug 5, 2026: issued 1,111 Series A Convertible Preferred shares for $999,700 gross proceeds (90% of $1,000 stated value).","Warrants issued: CL Investment 227,182 shares, LU2 75,758 shares, both at $1.65, 3-year term, cashless exercise.","Convertible Preferred pays 10% annual dividend; converts at 90% of 7-day VWAP, subject to COD floor price.","After closing, 1,611 preferred shares outstanding; 9.99% beneficial ownership limitation applies.","Company to file S-1/S-3 resale registration within 30 days per Registration Rights Agreements."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-037198","json":"https://secwatch.observer/filing/0001493152-26-037198.json","markdown":"https://secwatch.observer/filing/0001493152-26-037198.md","text":"https://secwatch.observer/filing/0001493152-26-037198.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1622345/000149315226037198/0001493152-26-037198-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1622345/000149315226037198/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-11T21:26:13.202199+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"}