---
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"
generated_at: "2026-08-11T21:26:13.202199+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Polar Power raises $999,700 via Series A Convertible Preferred sale to CL Investment and LU2

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-037198
- JSON: https://secwatch.observer/filing/0001493152-26-037198.json
- Plain text: https://secwatch.observer/filing/0001493152-26-037198.txt

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