Polar Power, Inc. (POLA) Announces 1:7 Reverse Share Split
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Polar Power Announces Reverse Stock Split
November 15, 2024 7:00 AM ESTGARDENA, CA, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA) (Polar Power), a global provider of prime, backup, solar hybrid power, and microgrid solutions, today announced that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 7 pre-split shares. The Company's common stock will continue to be traded on the Nasdaq Capital Market under the symbol POLA and will begin trading on a split-adjusted basis when the market opens on November 19, 2024. The reverse stock split is primarily intended to... More
