NeoVolta commits up to $40M to JV for Georgia battery storage facility

NeoVolta Inc.

NeoVolta contributes up to $40M in exchange for 60% Class A membership interests in new JV, NeoVolta Power, LLC.
Can Current Corp and NPJV Manager LLC each receive 20% Class B interests for technical/management services, contingent on separate agreements by March 31, 2026.
JV will own and operate a domestic battery energy storage manufacturing facility in Pendergrass, Georgia; asset purchase of ~$12M equipment from CCC contemplated.
Board of five managers: three designated by NeoVolta, two by NMC; capital contributions scheduled based on working capital needs.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

NeoVolta Inc. entered into Contribution Agreement with NeoVolta Power, LLC, NPJV MANAGER LLC, Can Current Corporation valued at Capital contributions up to $40,000,000 from NeoVolta and contemplated asset purchase of $12,000,000 (effective 2026-01-13).

Action: entry
Agreement: collaboration
Counterparty: NeoVolta Power, LLC, NPJV MANAGER LLC, Can Current Corporation
Value: Capital contributions up to $40,000,000 from NeoVolta and contemplated asset purchase of $12,000,000
Effective: 2026-01-13

Exact text from the filing

On January 13, 2026, the Company, NeoVolta, NMC, and CCC also entered into a Contribution Agreement (the “Contribution Agreement”) in connection with the formation of the Company and the transfer of certain assets and services among the parties.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

NeoVolta Inc. entered into Operating Agreement of NeoVolta Power, LLC with NeoVolta Power, LLC, NPJV MANAGER LLC, Can Current Corporation valued at Capital contributions up to $40,000,000 and formation of joint venture for battery storage manufactu (effective 2026-01-13).

Action: entry
Agreement: collaboration
Counterparty: NeoVolta Power, LLC, NPJV MANAGER LLC, Can Current Corporation
Value: Capital contributions up to $40,000,000 and formation of joint venture for battery storage manufactu
Effective: 2026-01-13

Exact text from the filing

On January 13, 2026, NeoVolta Inc., a Nevada corporation (the “NeoVolta”), NeoVolta Power, LLC, NPJV MANAGER LLC (“NMC”), and Can Current Corporation (“CCC”) entered into the Operating Agreement of NeoVolta Power, LLC (the “Operating Agreement”).

View on SEC.gov

299 material agreements filed in the last 30 days. Browse all material agreements →

NeoVolta Inc. filing history →

Source: SEC EDGAR

accession 0001683168-26-000380

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.