Corporate News
Polar Power (POLA)
- Price movement (last 24 hours): up 15.49 % to USD 0.76.
- Shares outstanding: 4.2 million.
- Market capitalization: USD 3 million.
- Volume (last 24 hours): USD 628.9 k.
- Month‑end change: down 38.81 %.
- 200‑day simple moving average: USD 1.62.
- 52‑week high: USD 4.42 (28 Oct 2025).
- 52‑week low: USD 0.58 (20 Oct 2026).
Recent Filing
On 21 October 2026, Polar Power disclosed that Chris Mayer, through CL Investment Group LLC, holds a near‑10 % beneficial ownership in the company. The holding consists of:
| Security type | Description |
|---|---|
| Convertible preferred stock | Issued to CL Investment |
| Common‑stock purchase warrants | Issued to CL Investment |
| Convertible note | Issued to CL Investment |
Mayer has been appointed Co‑Chief Executive Officer, giving him responsibility for strategy, financial performance, and capital‑market activities. No specific investment plans were announced beyond routine review and potential future actions.
Related Stocks (24‑Hour Performance)
| Ticker | Last 24‑hour change | Current price | Market cap | Notable filing or event |
|---|---|---|---|---|
| CJMB | –22.88 % | USD 0.59 | USD 3.4 million | Post‑effective amendment to Form S‑1, updating prospectus and equity line of credit information. |
| OBAI | +4.78 % | USD 2.24 | USD 3.5 million | S‑1 registration for resale of up to 600,000 shares via equity line with Ascent Partners Fund LLC; focus on AI‑supported security services. |
| BGLC | –1.24 % | USD 1.19 | USD 3.5 million | No recent filing noted. |
| GBR | 0 % | USD 0.69 | USD 3.5 million | No recent filing noted. |
| FCUV | –0.15 % | USD 3.39 | USD 3.3 million | No recent filing noted. |
Company Profile
Polar Power, Inc. is a design and manufacturing firm headquartered in Gardena, United States. The company develops and supplies direct‑current (DC) generators, DC alternators, batteries, and generator accessories for telecommunications, military, hybrid power systems, and marine applications. It went public on 7 December 2016 and is listed on the Nasdaq stock exchange. Further information is available on the company’s website: www.polarpower.com .
