secwatch.observer — SEC 8-K summary
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Issuer:     NeoVolta Inc. (NEOV)
CIK:        0001748137
Form:       8-K
Filed at:   2026-09-04T20:07:57+00:00
Accession:  0001683168-26-006967
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NeoVolta secures $20M term loan facility with warrants; maturity 2028
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- $20M term loans from Horizon, ROHO, Monroe; 10% interest, maturity March 3, 2028.
- Amortization payments start Dec 4, 2026; greater of $1.25M or 7.5% of value traded, capped at $2M.
- Issued warrants for 1,454,545 shares at $3.30 exercise price; additional warrants up to 727,273 if loan increased.
- Loan secured by first-priority lien on substantially all assets; proceeds for working capital.
- Potential $10M increase in loan commitment subject to conditions and additional warrants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748137/000168316826006967/0001683168-26-006967-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748137/000168316826006967/neovolta_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-006967

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