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Polar Power, Inc. received an extension from Nasdaq Staff to regain compliance with Nasdaq Listing Rule 5550(b)…
POLAPolar Power, Inc.
Polar Power, Inc. received an extension from Nasdaq Staff to regain compliance with Nasdaq Listing Rule 5550(b) regarding its stockholders' equity deficiency. The Company must evidence compliance by October 28, 2026, through either a public disclosure of a transaction that restores equity, or a pro forma balance sheet demonstrating compliance. Failure to satisfy these terms or failing to evidence compliance in its 2026 annual report, may lead to delisting. Polar Power, Inc. operates in the technology and power solutions industry and provides specialized power supply solutions.