NeoVolta Announces $10 Million Equity Offering

Core Viewpoint - NeoVolta Inc. has announced a registered direct offering of 2,100,841 shares of common stock at a price of $4.76 per share, aiming to raise approximately $10 million for working capital and general corporate purposes [1][2]. Group 1: Offering Details - The registered direct offering is expected to close on or about January 26, 2026, pending customary closing conditions [1]. - Needham & Company is acting as the sole placement agent for this offering [2]. - The offering is conducted under a "shelf" registration statement that became effective on June 28, 2024 [3]. Group 2: Company Overview - NeoVolta Inc. designs and manufactures advanced energy storage systems that promote energy independence and sustainability for homeowners and businesses [5]. - The company's products are engineered for high efficiency, safety, and longevity, and are compatible with solar systems to provide continuous power during grid outages [5].