Bard Associates trims Polar Power (POLA) position to 2,928 shares
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Bard Associates, Inc. filed an amended Schedule 13G reporting beneficial ownership of 2,928 shares of Polar Power, Inc. common stock, representing 0.1% of the class. Bard reports no sole voting or dispositive power and shared dispositive power over all reported shares.
The firm states that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Polar Power. Bard also confirms it now owns 5% or less of the company’s common stock.
Positive
- None.
Negative
- None.
FAQ
What does Bard Associates’ Schedule 13G/A filing reveal about Polar Power (POLA)?
The filing shows Bard Associates beneficially owns 2,928 Polar Power shares, or 0.1% of the common stock. It reports shared dispositive power over these shares, with no sole voting or dispositive power and ownership of 5% or less of the class.
Is Bard Associates trying to influence control of Polar Power (POLA)?
Bard Associates states it is not seeking to change or influence control of Polar Power. The shares were acquired and are held in the ordinary course of business and are not connected with any control-related transaction, other than activities tied to specific proxy nomination rules.
Why does Bard Associates file a Schedule 13G/A for Polar Power (POLA)?
Bard Associates files a Schedule 13G/A to report its beneficial ownership in Polar Power common stock. The amendment discloses a 0.1% stake, equal to 2,928 shares, and confirms that ownership is below 5% and held without a control intent over the issuer.