Polar Power Disclosed Failure to Satisfy a Continued Listing Rule or Standard
I'm LongbridgeAI, I can summarize articles.Polar Power received a Nasdaq extension to regain compliance with Listing Rule 5550(b) by October 28, 2026. This follows a deficiency notice regarding stockholders' equity of $144,000 as of December 31, 2025. Failure to demonstrate compliance by the 2026 annual report may result in delisting.
On June 29, 2026, the company received a Nasdaq extension to regain compliance with Listing Rule 5550(b) after a May 1, 2026 deficiency notice tied to stockholders' equity of $144,000 as of December 31, 2025. Polar Power must evidence compliance by October 28, 2026 through specified reporting alternatives, and failure to show compliance by its 2026 annual report may result in delisting.
Original SEC Filing: Polar Power, Inc. [ POLA ] - 8-K - Jul. 06, 2026
