Bard Associates Reports 386,389 Shares, 15.4% of Polar Power (POLA)

Rhea-AI Filing Summary

This Schedule 13G/A reports that Bard Associates, Inc. beneficially owns 386,389 shares of Polar Power common stock, representing 15.4% of the class. The filing is an amendment to a prior Schedule 13G.

Of the shares reported, Bard Associates has sole voting and dispositive power over 13,286 shares, shared dispositive power over 373,103 shares and zero shared voting power. The statement certifies the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

Insights

Financial Analyst

TL;DR: Bard Associates holds a material 15.4% economic stake but reports limited sole voting control, and disclaims intent to influence control.

Bard Associates' 386,389-share position (15.4% of the class) is a material ownership stake that investors will notice. The filing shows a small amount of sole voting power (13,286 shares) while most of the economic interest is recorded as shared dispositive power (373,103 shares). The reporting person is classified as IA, and the certification states holdings are in the ordinary course of business and not intended to affect control, which frames this as a significant economic position disclosed for transparency rather than an explicit governance push.

Corporate Governance Expert

TL;DR: A 15.4% beneficial holding is material to governance oversight, but the filing documents limited sole voting authority and denies control intent.

The split between sole and shared powers is notable: only 13,286 shares carry sole voting/dispositive power while 373,103 shares are under shared dispositive control and shared voting power is reported as 0. That distribution implies the holder discloses economic exposure without asserting concentrated unilateral voting control. The certification in Item 10 explicitly states the securities were not acquired to influence control, which is material to assessing any immediate governance impact.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Polar Power, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

73102V105

(CUSIP Number)

05/09/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 73102V105

1

Names of Reporting Persons

BARD ASSOCIATES INC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ILLINOIS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 13,286.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 13,286.00
8	Shared Dispositive Power 373,103.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

386,389.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

15.4 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Polar Power, Inc.
(b)	Address of issuer's principal executive offices: 249 E. GARDENA BOULEVARD, GARDENA, CALIFORNIA, 90248
Item 2.
(a)	Name of person filing: Bard Associates, Inc.
(b)	Address or principal business office or, if none, residence: 233 South Wacker Drive Suite 4400 Chicago, IL 60606
(c)	Citizenship: United States
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 73102V105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 386389
(b)	Percent of class: 15.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 13286
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 13286
	(iv) Shared power to dispose or to direct the disposition of: 373103
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BARD ASSOCIATES INC

Signature:	Michael Demaray
Name/Title:	President
Date:	08/11/2025

FAQ

How many shares of POLA does Bard Associates beneficially own?

Bard Associates beneficially owns 386,389 shares, representing 15.4% of Polar Power common stock.

How many shares does Bard Associates have sole voting power over?

The filing reports sole voting power and sole dispositive power over 13,286 shares.

What is the split between sole and shared dispositive power reported?

Bard Associates reports sole dispositive power for 13,286 shares and shared dispositive power for 373,103 shares.

Does Bard Associates state an intent to influence control of Polar Power (POLA)?

No. The certification states the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

What filing form and amendment is this disclosure?

This disclosure is filed on a Schedule 13G/A (an amendment to a prior Schedule 13G).

Who signed the Schedule 13G/A on behalf of Bard Associates?

The filing is signed by Michael Demaray, identified as President of Bard Associates, Inc.