NeoVolta Inc SEC Filings

NeoVolta Inc. director John A. Hass reported an open-market purchase of Common Stock. On June 11, 2026, he bought 25,000 shares at $1.92 per share. Following this transaction, his direct holdings increased to 101,190 Common Stock shares.

NeoVolta Inc. director and Executive Vice President Steve Bond reported an open-market purchase of the company’s Common Stock. He bought 43,000 shares on June 1, 2026 at an average price of $1.9913 per share, bringing his directly held stake to 840,000 shares. This was a non-derivative transaction classified as a standard open-market or private purchase.

NeoVolta Inc. director and Executive Vice President Steve Bond reported an open-market purchase of the company’s Common Stock. He bought 43,000 shares on June 1, 2026 at an average price of $1.9913 per share, bringing his directly held stake to 840,000 shares. This was a non-derivative transaction classified as a standard open-market or private purchase.

NeoVolta Inc. completed an underwritten public stock offering of 12,195,122 common shares at $2.05 per share, for expected gross proceeds of about $25.0 million and net proceeds of approximately $23.5 million after estimated expenses. The company also granted underwriters a 30‑day option to buy up to an additional 1,829,268 shares. NeoVolta plans to use the cash to fund joint venture obligations, working capital, and general corporate purposes. The deal includes a 6.0% underwriting discount, a cap of $100,000 on reimbursed expenses, and 60‑day lock‑ups for the company and insiders. Separately, NeoVolta signed a non‑binding letter of intent with Infinite Grid Capital for potential supply of about 1.1 GWh of utility‑scale battery energy storage systems across three U.S. project opportunities.

NeoVolta Inc. completed an underwritten public stock offering of 12,195,122 common shares at $2.05 per share, for expected gross proceeds of about $25.0 million and net proceeds of approximately $23.5 million after estimated expenses. The company also granted underwriters a 30‑day option to buy up to an additional 1,829,268 shares. NeoVolta plans to use the cash to fund joint venture obligations, working capital, and general corporate purposes. The deal includes a 6.0% underwriting discount, a cap of $100,000 on reimbursed expenses, and 60‑day lock‑ups for the company and insiders. Separately, NeoVolta signed a non‑binding letter of intent with Infinite Grid Capital for potential supply of about 1.1 GWh of utility‑scale battery energy storage systems across three U.S. project opportunities.

NeoVolta is offering 12,195,122 shares of common stock at $2.05 per share in a firm-commitment underwritten offering. The offering price implies gross proceeds of approximately $25.0 million and expected net proceeds to the company of approximately $23.5 million, before expenses. The underwriter has a 30-day option to purchase up to an additional 1,829,268 shares (15%). After this offering NeoVolta expects to have 56,606,423 shares outstanding (58,435,691 if the option is exercised). The company states it will use net proceeds to fund joint venture obligations and for working capital and general corporate purposes. The prospectus supplement also discloses a non-binding LOI for potential utility-scale supply opportunities totaling approximately 1.1 GWh across three projects.

NeoVolta is offering 12,195,122 shares of common stock at $2.05 per share in a firm-commitment underwritten offering. The offering price implies gross proceeds of approximately $25.0 million and expected net proceeds to the company of approximately $23.5 million, before expenses. The underwriter has a 30-day option to purchase up to an additional 1,829,268 shares (15%). After this offering NeoVolta expects to have 56,606,423 shares outstanding (58,435,691 if the option is exercised). The company states it will use net proceeds to fund joint venture obligations and for working capital and general corporate purposes. The prospectus supplement also discloses a non-binding LOI for potential utility-scale supply opportunities totaling approximately 1.1 GWh across three projects.

NeoVolta, Inc. is conducting a primary offering of its common stock and related pre-funded warrants pursuant to a prospectus supplement to its shelf registration. The offering permits purchasers who would breach a 4.99% ownership cap (or elect 9.99%) to buy pre-funded warrants instead of shares, exercisable for one share at an exercise price of $0.001. The pre-funded warrants will not be listed and will be exercisable upon issuance; shares issued on exercise are expected to trade on Nasdaq under the symbol NEOV. The prospectus supplement discloses a non-binding LOI with Infinite Grid Capital for potential utility-scale supply opportunities totaling approximately 1.1 GWh across three project clusters. Use of proceeds is stated as funding joint venture obligations, working capital and general corporate purposes.

NeoVolta, Inc. is conducting a primary offering of its common stock and related pre-funded warrants pursuant to a prospectus supplement to its shelf registration. The offering permits purchasers who would breach a 4.99% ownership cap (or elect 9.99%) to buy pre-funded warrants instead of shares, exercisable for one share at an exercise price of $0.001. The pre-funded warrants will not be listed and will be exercisable upon issuance; shares issued on exercise are expected to trade on Nasdaq under the symbol NEOV. The prospectus supplement discloses a non-binding LOI with Infinite Grid Capital for potential utility-scale supply opportunities totaling approximately 1.1 GWh across three project clusters. Use of proceeds is stated as funding joint venture obligations, working capital and general corporate purposes.

NeoVolta Inc. executive vice president and director Steve Bond reported an open-market purchase of 47,000 shares of the company’s common stock at an average price of $2.0879 per share. Following this transaction, he directly holds 797,000 shares, indicating he increased but largely maintained his existing position.

NeoVolta Inc. executive vice president and director Steve Bond reported an open-market purchase of 47,000 shares of the company’s common stock at an average price of $2.0879 per share. Following this transaction, he directly holds 797,000 shares, indicating he increased but largely maintained his existing position.

Nealis Jing reported acquisition or exercise transactions in this Form 4 filing.

NeoVolta Inc. reported that Chief Financial Officer Nealis Jing received two grants of restricted stock units as part of employment compensation. The awards cover 25,000 and 1,000,000 restricted stock units, each representing a right to receive one share of common stock at no purchase price.

The 25,000-unit grant vests 33% on the one-year anniversary of the grant date, with the remaining 67% vesting in eight quarterly installments, contingent on continued service. The 1,000,000-unit grant vests upon the successful completion of specified financial metrics and continued service, aligning a substantial portion of the CFO’s potential equity with performance outcomes.

Nealis Jing reported acquisition or exercise transactions in this Form 4 filing.

NeoVolta Inc. reported that Chief Financial Officer Nealis Jing received two grants of restricted stock units as part of employment compensation. The awards cover 25,000 and 1,000,000 restricted stock units, each representing a right to receive one share of common stock at no purchase price.

The 25,000-unit grant vests 33% on the one-year anniversary of the grant date, with the remaining 67% vesting in eight quarterly installments, contingent on continued service. The 1,000,000-unit grant vests upon the successful completion of specified financial metrics and continued service, aligning a substantial portion of the CFO’s potential equity with performance outcomes.

NeoVolta reported third-quarter fiscal 2026 results and detailed major strategic steps. Revenue for Q3 FY2026 was $2.0 million, flat with Q3 FY2025, while nine‑month revenue rose to $13.3 million, up about 262% from $3.7 million. Gross profit was approximately $0.9 million with ~46% gross margin, versus $0.5 million and ~26% a year earlier.

Total operating expenses increased to about $3.6 million from $1.9 million, and net loss widened to $3.0 million, or $(0.08) per share, from $1.4 million, or $(0.04) per share, reflecting heavier investment in people, R&D and platform build‑out. As of March 31, 2026, cash was roughly $11.5 million, supplemented by a new $3.0 million revolving credit facility.

Strategically, NeoVolta received a first C&I purchase order from Luminia of about $1.9 million, increased its NeoVolta Power joint venture ownership to 80%, and confirmed Georgia plant equipment installation targeted for June 2026 with an initial 2 GWh annual capacity. The company also appointed seasoned finance executive Jing Nealis as Chief Financial Officer with a $425,000 base salary, a 1,000,000‑share RSU grant and performance‑based equity tied to customer payments thresholds.

NeoVolta reported third-quarter fiscal 2026 results and detailed major strategic steps. Revenue for Q3 FY2026 was $2.0 million, flat with Q3 FY2025, while nine‑month revenue rose to $13.3 million, up about 262% from $3.7 million. Gross profit was approximately $0.9 million with ~46% gross margin, versus $0.5 million and ~26% a year earlier.

Total operating expenses increased to about $3.6 million from $1.9 million, and net loss widened to $3.0 million, or $(0.08) per share, from $1.4 million, or $(0.04) per share, reflecting heavier investment in people, R&D and platform build‑out. As of March 31, 2026, cash was roughly $11.5 million, supplemented by a new $3.0 million revolving credit facility.

Strategically, NeoVolta received a first C&I purchase order from Luminia of about $1.9 million, increased its NeoVolta Power joint venture ownership to 80%, and confirmed Georgia plant equipment installation targeted for June 2026 with an initial 2 GWh annual capacity. The company also appointed seasoned finance executive Jing Nealis as Chief Financial Officer with a $425,000 base salary, a 1,000,000‑share RSU grant and performance‑based equity tied to customer payments thresholds.

NeoVolta, Inc. updated the structure of its NeoVolta Power, LLC joint venture and entered several new agreements tied to a planned U.S. battery energy storage manufacturing facility in Georgia. An amended and restated operating agreement removes NPJV Manager LLC as a member, increases authorized Class A Units from 60 to 80 for NeoVolta, and reduces Class B Units from 40 to 20, now all issuable to Can Current Corporation. Board size is cut from five to three managers, all designated by NeoVolta, while Can Current may appoint up to two non‑voting observers.

NeoVolta Power and Can Current signed an Asset Purchase Agreement for manufacturing equipment with a $9,000,000 price, payable in milestones of $2,000,000 upon shipment, $3,000,000 upon delivery, and $4,000,000 upon commissioning, plus certain excess U.S. tariffs and related import expenses. Separately, NeoVolta entered a Management Services Agreement with PotiSedge Technology Pte Ltd. under which PotiSedge will provide sales and marketing coordination services for NeoVolta’s commercial and industrial battery storage business in exchange for a 1,200,000‑share stock grant vesting in four semi‑annual installments, subject to forfeiture or accelerated vesting depending on termination circumstances.

NeoVolta, Inc. updated the structure of its NeoVolta Power, LLC joint venture and entered several new agreements tied to a planned U.S. battery energy storage manufacturing facility in Georgia. An amended and restated operating agreement removes NPJV Manager LLC as a member, increases authorized Class A Units from 60 to 80 for NeoVolta, and reduces Class B Units from 40 to 20, now all issuable to Can Current Corporation. Board size is cut from five to three managers, all designated by NeoVolta, while Can Current may appoint up to two non‑voting observers.

NeoVolta Power and Can Current signed an Asset Purchase Agreement for manufacturing equipment with a $9,000,000 price, payable in milestones of $2,000,000 upon shipment, $3,000,000 upon delivery, and $4,000,000 upon commissioning, plus certain excess U.S. tariffs and related import expenses. Separately, NeoVolta entered a Management Services Agreement with PotiSedge Technology Pte Ltd. under which PotiSedge will provide sales and marketing coordination services for NeoVolta’s commercial and industrial battery storage business in exchange for a 1,200,000‑share stock grant vesting in four semi‑annual installments, subject to forfeiture or accelerated vesting depending on termination circumstances.

NeoVolta, Inc. entered into a Sales Agreement with Needham & Company that establishes an at-the-market equity program allowing the company to sell shares of common stock with an aggregate offering price of up to $30,000,000 under its existing Form S-3 shelf registration.

The sales, if made, will occur from time to time through Needham as sales agent, with Needham earning a 3.0% commission on gross proceeds. NeoVolta plans to use any net proceeds for working capital and general corporate purposes, and is not obligated to sell any shares.

The filing also reports that the Board appointed Steve Bond as Executive Vice President effective March 26, 2026 and approved an amendment to his employment agreement, with his service as Chief Financial Officer scheduled to end on May 18, 2026.

NeoVolta, Inc. entered into a Sales Agreement with Needham & Company that establishes an at-the-market equity program allowing the company to sell shares of common stock with an aggregate offering price of up to $30,000,000 under its existing Form S-3 shelf registration.

The sales, if made, will occur from time to time through Needham as sales agent, with Needham earning a 3.0% commission on gross proceeds. NeoVolta plans to use any net proceeds for working capital and general corporate purposes, and is not obligated to sell any shares.

The filing also reports that the Board appointed Steve Bond as Executive Vice President effective March 26, 2026 and approved an amendment to his employment agreement, with his service as Chief Financial Officer scheduled to end on May 18, 2026.