Financing · GlobeNewswire

NeoVolta Prices Public Offering of Common Stock Raising Approximately $25.0 Million

NEOVNeoVolta Inc.

NeoVolta Inc. announced the pricing of a public offering of 12,195,122 shares of common stock at an offering price of $2.05 per share. The gross proceeds are expected to be approximately $25.0 million before deducting underwriting discounts and commissions. The company granted the underwriter a 30-day option to purchase up to an additional 1,829,268 shares. The offering is expected to close on May 29, 2026, subject to customary closing conditions. Lake Street Capital Markets, LLC is acting as the sole book-running manager. NeoVolta operates in the energy technology industry, delivering scalable energy storage solutions for residential, commercial, and utility applications.