other material
confidence high
sentiment negative
materiality 0.70
NeoVolta raises ~$10M in registered direct offering at $4.76/share; Q2 rev guidance $4.4-4.6M
NeoVolta Inc.
- 2,100,841 shares sold at $4.76 each; gross proceeds ~$10M; closing expected Jan 26, 2026.
- Net proceeds for working capital and general corporate purposes.
- Preliminary Q2 FY2026 (Dec 31, 2025) revenue guidance $4.4M-$4.6M; gross profit $700K-$800K.
- Cash and cash equivalents as of Dec 31, 2025 only $242,434.