On September 4, 2026, NeoVolta entered into a Loan, Security and Guaranty Agreement with Horizon Technology Finance Corporation and ROHO Capital Opportunity Fund LLC for $20 million in term loans. The facility includes an optional $10 million increase and bears interest at 10% per annum, maturing March 3, 2028. Amortization payments begin December 4, 2026, calculated as the greater of $1.25 million or 7.5% of prior month stock value, capped at $2 million. The company issued warrants for 1,454,545 shares at a $3.30 exercise price to the lenders and agreed to additional warrants if the loan increases. Proceeds are designated for working capital. NeoVolta operates in the electric vehicle charging infrastructure industry.