Polar Power, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
Sep. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 10 – SUBSEQUENT EVENTS On November 11, 2024, the Company held its annual meeting of stockholders. At the meeting, the Company’s stockholders approved an amendment to its Certificate of Incorporation to allow the Board of Directors to effect, in its discretion prior to December 31, 2024, a reverse stock split of all of the Company’s issued and outstanding common stock, par value $0.0001 per share, at a specific ratio, ranging from one-for-three (1:3) to one-for-twenty (1:20), with the timing and ratio to be determined by the Board if effected. On November 11, 2024, our Board approved a reverse stock split at a ratio of one-for-seven (1:7) (the “Reverse Stock Split”) and we plan to effect the Reverse Stock Split with the market effective date of November 19, 2024.

SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2024

NOTE 10 – SUBSEQUENT EVENTS

On November 11, 2024, the Company held its annual meeting of stockholders. At the meeting, the Company’s stockholders approved an amendment to its Certificate of Incorporation to allow the Board of Directors to effect, in its discretion prior to December 31, 2024, a reverse stock split of all of the Company’s issued and outstanding common stock, par value $0.0001 per share, at a specific ratio, ranging from one-for-three (1:3) to one-for-twenty (1:20), with the timing and ratio to be determined by the Board if effected. On November 11, 2024, our Board approved a reverse stock split at a ratio of one-for-seven (1:7) (the “Reverse Stock Split”) and we plan to effect the Reverse Stock Split with the market effective date of November 19, 2024.