[8-K] Pioneer Power Solutions, Inc. Reports Material Event

Rhea-AI Filing Summary

Pioneer Power Solutions (NASDAQ: PPSI) has announced a significant $10 million award from the largest U.S. Charging-as-a-Service company, as disclosed in an 8-K filing dated June 24, 2025.

Key highlights of the filing:

• The announcement was made via press release under Regulation FD Disclosure (Item 7.01)
• The information is being furnished rather than filed, meaning it won't be subject to Section 18 of the Exchange Act liabilities
• The company maintains flexibility by stating no obligation to update or amend the materials

The filing includes two exhibits: the press release (99.1) and the Cover Page Interactive Data File in Inline XBRL format (104). The document was signed by Walter Michalec, Chief Financial Officer. This award signals Pioneer Power's growing presence in the electric vehicle charging infrastructure market.

Positive

• Secured a significant $10 million contract award from the largest U.S. Charging-as-a-Service company, demonstrating strong market position in EV charging infrastructure

Negative

• None.

Insights

Corporate Development Analyst

PPSI secured a $10M contract with a major EV charging company, strengthening its position in the growing EV infrastructure market.

Pioneer Power Solutions has secured a $10 million award from what they describe as the largest U.S. Charging-as-a-Service company. This represents a significant business win in the rapidly expanding electric vehicle charging infrastructure space. For a company like PPSI, which positions itself in the power solutions market, this contract demonstrates their competitive capabilities in securing business from major industry players.

The size of this award is particularly noteworthy as it will likely have a meaningful impact on the company's future revenue stream. While the filing doesn't specify the timeline for delivery or revenue recognition, contracts of this nature typically span multiple quarters, providing sustained business visibility. The contract also signals market validation of PPSI's offerings within the growing EV ecosystem.

Beyond the immediate financial implications, securing business from a described market leader could enhance PPSI's credibility and potentially lead to additional contracts in this sector. This win positions the company firmly within the EV infrastructure value chain, which continues to see investment growth as electric vehicle adoption accelerates nationwide.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 24, 2025

PIONEER POWER SOLUTIONS, INC.

(Exact name of registrant as specified in its charter)

Delaware		001-35212		27-1347616
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

400 Kelby Street, 12th Floor Fort Lee, New Jersey				07024
(Address of principal executive offices)				(Zip Code)

(212) 867-0700

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of exchange on which registered
Common Stock, par value $0.001 per share		PPSI		Nasdaq Stock Market LLC (Nasdaq Capital Market)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure.

On June 24, 2025, Pioneer Power Solutions, Inc. issued a press release announcing an award from the largest U.S. Charging-as-a-Service company valued at approximately $10 million. A copy of this press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference. The Company undertakes no obligation to update, supplement or amend the materials attached hereto as Exhibit 99.1.

The information in this Current Report on Form 8-K (including Exhibit 99.1 attached hereto) is being furnished pursuant to Item 7.01 and shall not be deemed to be filed for purposes of Section 18 of the Exchange Act or otherwise be subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
99.1		Press Release dated June 24, 2025
104		Cover Page Interactive Data File (formatted as Inline XBRL)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PIONEER POWER SOLUTIONS, inc.
Date: June 24, 2025	By:	/s/ Walter Michalec
	Name:	Walter Michalec
	Title:	Chief Financial Officer

FAQ

What major contract did PPSI announce in its June 24, 2025 8-K filing?

PPSI announced an award valued at approximately $10 million from the largest U.S. Charging-as-a-Service company, as disclosed in their 8-K filing on June 24, 2025.

When did PPSI file the 8-K about the $10M contract award?

Pioneer Power Solutions filed the 8-K on June 28, 2025, reporting an event that occurred on June 24, 2025 when they issued the press release about the contract award.

Who signed PPSI's 8-K filing for the $10M contract announcement?

The 8-K was signed by Walter Michalec, who serves as the Chief Financial Officer of Pioneer Power Solutions, Inc.

Is PPSI's June 2025 contract announcement considered filed or furnished under SEC rules?

The announcement was explicitly furnished under Item 7.01 and not deemed to be filed for purposes of Section 18 of the Exchange Act, nor incorporated by reference in any Securities Act or Exchange Act filings.