NeoVolta restructures JV, buys $9M battery equipment, issues 1.2M shares for services

NeoVolta Inc.

Amended NeoVolta Power LLC operating agreement: NMC removed as member, Class A units increased to 80, board reduced to 3 managers all NeoVolta-designated.
NeoVolta Power to purchase $9M battery manufacturing equipment from CCC, payable in milestones: $2M shipment, $3M delivery, $4M commissioning.
NeoVolta issued 1.2M unregistered shares to PotiSedge Technology for sales/marketing coordination; shares vest semi-annually over 2 years.
PotiSedge represented as accredited investor; shares exempt under Section 4(a)(2) of Securities Act.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

NeoVolta Inc. issued 1,200,000 shares of common stock to PotiSedge Technology Pte Ltd. for services under the Management Services Agreement.

Security: common stock
Shares: 1,200,000 shares
Purchaser: PotiSedge Technology Pte Ltd.
Consideration: services under the Management Services Agreement

Exact text from the filing

NeoVolta agreed to issue to Potisedge 1,200,000 shares of NeoVolta’s common stock

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NeoVolta Inc. entered into Asset Purchase Agreement with NeoVolta Power, LLC (buyer); Can Current Corporation (seller) valued at Purchase of manufacturing equipment for battery energy storage systems; aggregate price $9,000,000 i (effective 2026-04-15).

Action: entry
Agreement: asset purchase
Counterparty: NeoVolta Power, LLC (buyer); Can Current Corporation (seller)
Value: Purchase of manufacturing equipment for battery energy storage systems; aggregate price $9,000,000 i
Effective: 2026-04-15

Exact text from the filing

On April 15, 2026, NeoVolta Power, as buyer, and CCC, as seller, entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) pursuant to which CCC agreed to sell, convey, assign, transfer, and deliver to NeoVolta Power certain manufacturing equipment used to manufacture battery energy storage systems (the “Purchased Assets”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NeoVolta Inc. entered into Management Services Agreement with NeoVolta Inc.; PotiSedge Technology Pte Ltd. valued at Sales and marketing coordination services in exchange for 1,200,000 shares of NeoVolta common stock (effective 2026-04-20).

Action: entry
Counterparty: NeoVolta Inc.; PotiSedge Technology Pte Ltd.
Value: Sales and marketing coordination services in exchange for 1,200,000 shares of NeoVolta common stock
Effective: 2026-04-20

Exact text from the filing

On April 20, 2026, NeoVolta and PotiSedge Technology Pte Ltd., a Singapore Private Limited (“Potisedge”), entered into a Management Services Agreement (the “Management Services Agreement”) pursuant to which Potisedge agreed to provide sales and marketing coordination services to NeoVolta in connection with NeoVolta’s commercial and industrial battery energy storage business.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NeoVolta Inc. amended First Amendment to Contribution Agreement with NeoVolta Power, LLC; NeoVolta Inc.; NMC; CCC valued at Amendment to remove NMC as party to the Original Contribution Agreement (effective 2026-04-15).

Action: amendment
Counterparty: NeoVolta Power, LLC; NeoVolta Inc.; NMC; CCC
Value: Amendment to remove NMC as party to the Original Contribution Agreement
Effective: 2026-04-15

Exact text from the filing

On April 15, 2026, NeoVolta Power , NeoVolta, NMC, and CCC entered into a First Amendment to Contribution Agreement (the “First Amendment”), which amends the Original Contribution Agreement to remove NMC as a party thereto.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NeoVolta Inc. amended Amended and Restated Operating Agreement with NeoVolta Power, LLC; NeoVolta Inc.; Can Current Corporation valued at Removal of NMC as member; increase of Class A Units to 80; reduction of Class B Units to 20; Board r (effective 2026-04-15).

Action: amendment
Counterparty: NeoVolta Power, LLC; NeoVolta Inc.; Can Current Corporation
Value: Removal of NMC as member; increase of Class A Units to 80; reduction of Class B Units to 20; Board r
Effective: 2026-04-15

Exact text from the filing

On April 15, 2026, NeoVolta Power , NeoVolta, and CCC entered into an Amended and Restated Operating Agreement (the “A&R Operating Agreement”), which amends and restates the Original Operating Agreement in its entirety.

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NeoVolta Inc. filing history →

Source: SEC EDGAR

accession 0001683168-26-003110

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