Highest-materiality recent filing
Priced public offering of 12,195,122 shares at $2.05/share; gross proceeds ~$25.0M; net proceeds ~$23.5M.
NeoVolta Q3 revenue flat at $2.0M, net loss $3.0M; appoints Jing Nealis CFO
Q3 FY2026 revenue $2.0M flat YoY; net loss $3.0M ($0.08/share) vs $1.4M loss prior year; gross margin improved to 46%.
NeoVolta restructures JV, buys $9M battery equipment, issues 1.2M shares for services
Amended NeoVolta Power LLC operating agreement: NMC removed as member, Class A units increased to 80, board reduced to 3 managers all NeoVolta-designated.
Entered Sales Agreement with Needham & Company for at-the-market offering of up to $30M of common stock; 3.0% commission.
NeoVolta cancels CEO/CFO RSUs; issues stock options for 1.88M and 352k shares at $3.54
CEO Ardes Johnson's RSU for 1,280,000 shares cancelled; replaced with options to buy 1,880,166 shares at $3.54.
NeoVolta Chief Product Officer Michael Mendik resigns effective Jan. 30, 2026
Michael Mendik resigned as Chief Product Officer, effective immediately on January 30, 2026.
NeoVolta terminates Chief Product Officer Michael Mendik effective Jan 30, 2026
Michael Mendik was terminated from his role as Chief Product Officer effective January 30, 2026.
NeoVolta raises ~$10M in registered direct offering at $4.76/share; Q2 rev guidance $4.4-4.6M
2,100,841 shares sold at $4.76 each; gross proceeds ~$10M; closing expected Jan 26, 2026.
NeoVolta commits up to $40M to JV for Georgia battery storage facility
NeoVolta contributes up to $40M in exchange for 60% Class A membership interests in new JV, NeoVolta Power, LLC.
NeoVolta annual meeting elects all five directors, ratifies auditor
18,688,243 shares voted, representing ~54.3% of outstanding common stock.
NeoVolta raises $13M via private placement of 5.2M shares at $2.50/share
Sold 5,200,000 common shares at $2.50 each to accredited investors in a private placement.
NeoVolta expects Q1 FY2026 revenue >$6.5M, up >1000% YoY, record quarter
Revenue anticipated to surpass $6.5M, over 1,000% year-over-year increase from prior Q1.
Upfront consideration: $500,000 cash ($100k to seller, $400k to Neubau shareholders) and 200,000 NeoVolta shares.
NeoVolta appoints Chandler Weeks to board, Michael Mendik as COO; director Amos resigns
James Amos resigned from Board Dec 31, 2024; no disagreement; remains advisor.
NeoVolta shareholders approve 2019 Stock Plan amendment adding 5M shares; re-elect five directors
At Dec 10 annual meeting, shareholders approved amendment to 2019 Stock Plan, increasing authorized shares from 2.5M to 7.5M.
NeoVolta secures $5M line of credit at 16% interest, no equity component
Line of credit up to $5M from National Energy Modelers, Inc., matures September 2026.
Johnson receives base salary $350k, target bonus 100% of base (max 150%), and annual equity target $660k.
NeoVolta holds annual meeting; elects five directors, ratifies auditor
18,071,766 shares voted (~54.4% of outstanding) at Dec. 8, 2023 annual meeting.
NeoVolta closes over-allotment sale of 146,250 common shares, raising ~$584K
Sold 146,250 shares at $3.99 per share via underwriter option exercise.
Gross proceeds of $3.9M from 975,000 units (one share + one warrant at $4 exercise price); over-allotment partially exercised for 146,250 warrants.
On May 14, 2026, the Company announced the appointment of Jing Nealis as the Company’s Chief Financial Officer, effective May 18, 2026, succeeding Steve Bond, who will transition from the role of Chief Financial Officer effective as of such date.
succeeding Steve Bond, who will transition from the role of Chief Financial Officer effective as of such date.
On January 2, 2025, Chandler Weeks was appointed to the Board of Directors of the Company.
On December 31, 2024, James Amos, a member of the board of directors (the "Board") of NeoVolta, Inc. (the "Company") resigned from his position as member of the Board and all committees of the Board.
On January 1, 2025, the Company entered into an employment agreement (the "Employment Agreement") with Michael Mendik pursuant to which Mr. Mendik agreed to serve as the Company’s chief operating officer.
On April 19, 2024, NeoVolta, Inc. (the “Company”) entered into an employment agreement (the “Employment Agreement”) with Ardes Johnson pursuant to which Mr. Johnson agreed to serve as the Company’s chief executive officer commencing April 29, 2024.
Brent Willson, the founder of the Company and former chief executive officer will remain as Chairman of the Board and chief technology officer.
On July 27, 2022, Susan Snow and John Hass were appointed to the board of directors of the Company.
On July 27, 2022, Susan Snow and John Hass were appointed to the board of directors of the Company.
Max materiality 0.85 · Median 0.60 · Most common event other_material