secwatch.observer — SEC 8-K summary
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Issuer:     NeoVolta Inc. (NEOV)
CIK:        0001748137
Form:       8-K
Filed at:   2025-10-07T23:59:59+00:00
Accession:  0001683168-25-007444
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.01, 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NeoVolta acquires certain assets of Neubau Energy for $500k cash, 200k shares, plus milestone earnouts up to 4M shares
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- Upfront consideration: $500,000 cash ($100k to seller, $400k to Neubau shareholders) and 200,000 NeoVolta shares.
- Earnout: up to 4,000,000 additional shares on revenue milestones from neuClick Battery Modules; first $2M rev by Dec 31, 2026.
- NeoVolta to pay $10/unit royalty on neuClick Battery Modules sold for three years post-closing.
- Appointed Amany Ibrahim as COO and Thomas Enzendorfer as CTO; each gets $250k base salary, 80% target bonus, 450k RSUs.
- Transaction expected to close by October 15, 2025; NeoVolta assumes no liabilities of the seller.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748137/000168316825007444/0001683168-25-007444-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748137/000168316825007444/neovolta_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-007444

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer