NeoVolta, Inc. registered up to 1,454,545 shares of common stock for resale by selling stockholders upon warrant exercise. Resales may occur from time to time after the registration statement becomes effective; NeoVolta receives no proceeds from those sales. Issued September 4, 2026, the warrants are exercisable at any time after issuance at $3.30 per share, subject to adjustment, and have a five-year term. If all warrants are exercised for cash at the current exercise price, NeoVolta will receive approximately $4.8 million in gross proceeds for general corporate purposes.
The related loan agreement provides for $20 million in term loans, with a potential increase of up to an additional $10 million subject to its conditions. The loans bear 10.00% interest per annum, mature March 3, 2028, and have scheduled amortization payments beginning December 4, 2026; they are secured by a first-priority security interest in substantially all company and subsidiary assets. Exercises cannot cause a holder and its affiliates to exceed 4.9% of common shares outstanding immediately after exercise. A separate Cap Allocation Amount limits each holder to its pro rata share of 19.99% of shares outstanding on the issue date, less shares previously issued, unless stockholder approval permits issuance above that cap. NeoVolta had 59,013,247 common shares outstanding as of September 30, 2026.
NeoVolta, Inc. (NEOV) filed a shelf registration to offer up to $200,000,000 aggregate dollar amount of common stock, preferred stock, debt securities, warrants, purchase contracts or units. The company may sell the securities in one or more offerings directly or through underwriters, dealers or agents. Specific terms for each offering will appear in an accompanying prospectus supplement, and the securities may not be sold until the registration statement is effective.
NeoVolta describes its business as energy storage across residential, commercial and industrial, and utility-scale markets, and says it is transitioning from a storage manufacturer to an integrated energy solutions company. Since April 2024, its growth strategy has focused on sales-channel development, financing partnerships and next-generation storage solutions. Its common stock closed at $3.36 per share and publicly traded warrants at $1.00 per warrant on September 22, 2026. The company expects net proceeds to fund general corporate purposes, including additions to working capital and acquisitions.
NeoVolta Inc. reported fiscal 2026 revenue of $13.3 million, compared with $8.4 million in fiscal 2025. Net loss was $21.5 million, compared with $5.0 million; cash used in operations totaled $15.2 million, versus $4.4 million in fiscal 2025. At June 30, 2026, cash and cash equivalents were $22.2 million, alongside $3.15 million of restricted cash.
NeoVolta owns 80% of NeoVolta Power, LLC, the joint venture developing a utility-scale battery plant in Georgia. Projected total funding needs are approximately $40 million through June 30, 2027; NeoVolta had contributed $15 million in cash and anticipates additional cash contributions of up to $25 million through that date. The plant is designed for initial annual production capacity of 2 GWh, with its first phase expected to be completed at the end of fiscal 2027’s first quarter. NeoVolta received $26.3 million in net proceeds from its May 2026 underwritten offering and plans to use the proceeds largely for further joint venture contributions.
Three dealers accounted for approximately 39%, 15%, and 11% of fiscal 2026 revenue and approximately 45%, 31%, and 14% of net accounts receivable at June 30, 2026. NeoVolta also recorded a $1.5 million nonoperating credit loss on a note receivable.
NeoVolta Inc. (NEOV) entered into a new secured Loan, Security and Guaranty Agreement providing term loans with an aggregate principal amount of $20,000,000, with a potential increase of up to an additional $10,000,000 upon mutual agreement and satisfaction of specified conditions including warrant issuance.
The loans bear 10.00% annual interest, mature on March 3, 2028, and require monthly amortization starting December 4, 2026, with each payment equal to the greater of $1,250,000 or 7.5% of the prior month’s trading value of the common stock, capped at $2,000,000 per payment date. They are secured by a first priority lien on substantially all assets of NeoVolta and its subsidiaries and include covenants such as a Minimum Cushion Requirement and a requirement to maintain at least $5,000,000 of consolidated cash on hand.
In connection with the financing, NeoVolta issued five-year warrants to the lenders for 1,454,545 common shares at an exercise price of $3.30 per share, with up to 727,273 additional warrant shares possible if the loan is upsized, all subject to a 4.99% beneficial ownership cap and a 19.99% Nasdaq-related “Cap Allocation Amount.” NeoVolta also granted registration rights, agreeing to file a Form S-3 within 30 days to register the resale of the warrant shares.
Infinite Grid Capital, LP and Infinite Grid Capital Fund I, LP report their beneficial ownership of NeoVolta, Inc. common stock. As of June 30, 2026, Infinite Grid Capital may be deemed to beneficially own 4,500,000 shares of NeoVolta common stock, including 4,000,000 shares held for the account of Fund I and 500,000 shares held for its own account.
Based on 58,863,247 shares of NeoVolta common stock outstanding as of August 3, 2026, this position represents 7.6% of the class. Infinite Grid Capital reports sole voting and dispositive power over the 4,500,000 shares, with no shared voting or dispositive power.
NeoVolta Inc. director John A. Hass reported an open-market purchase of Common Stock. On June 11, 2026, he bought 25,000 shares at $1.92 per share. Following this transaction, his direct holdings increased to 101,190 Common Stock shares.
NeoVolta Inc. director and Executive Vice President Steve Bond reported an open-market purchase of the company’s Common Stock. He bought 43,000 shares on June 1, 2026 at an average price of $1.9913 per share, bringing his directly held stake to 840,000 shares. This was a non-derivative transaction classified as a standard open-market or private purchase.
NeoVolta Inc. completed an underwritten public stock offering of 12,195,122 common shares at $2.05 per share, for expected gross proceeds of about $25.0 million and net proceeds of approximately $23.5 million after estimated expenses. The company also granted underwriters a 30‑day option to buy up to an additional 1,829,268 shares. NeoVolta plans to use the cash to fund joint venture obligations, working capital, and general corporate purposes. The deal includes a 6.0% underwriting discount, a cap of $100,000 on reimbursed expenses, and 60‑day lock‑ups for the company and insiders. Separately, NeoVolta signed a non‑binding letter of intent with Infinite Grid Capital for potential supply of about 1.1 GWh of utility‑scale battery energy storage systems across three U.S. project opportunities.
NeoVolta is offering 12,195,122 shares of common stock at $2.05 per share in a firm-commitment underwritten offering. The offering price implies gross proceeds of approximately $25.0 million and expected net proceeds to the company of approximately $23.5 million, before expenses. The underwriter has a 30-day option to purchase up to an additional 1,829,268 shares (15%). After this offering NeoVolta expects to have 56,606,423 shares outstanding (58,435,691 if the option is exercised). The company states it will use net proceeds to fund joint venture obligations and for working capital and general corporate purposes. The prospectus supplement also discloses a non-binding LOI for potential utility-scale supply opportunities totaling approximately 1.1 GWh across three projects.
NeoVolta, Inc. is conducting a primary offering of its common stock and related pre-funded warrants pursuant to a prospectus supplement to its shelf registration. The offering permits purchasers who would breach a 4.99% ownership cap (or elect 9.99%) to buy pre-funded warrants instead of shares, exercisable for one share at an exercise price of $0.001. The pre-funded warrants will not be listed and will be exercisable upon issuance; shares issued on exercise are expected to trade on Nasdaq under the symbol NEOV. The prospectus supplement discloses a non-binding LOI with Infinite Grid Capital for potential utility-scale supply opportunities totaling approximately 1.1 GWh across three project clusters. Use of proceeds is stated as funding joint venture obligations, working capital and general corporate purposes.