Polar Power, Inc. has filed a prospectus supplement to offer up to 8,653,774 shares of its common stock. This filing is significant as it allows certain stockholders to resell their shares, potentially affecting the company's capital structure and liquidity.

Background

Polar Power, Inc. operates in the miscellaneous electrical machinery, equipment, and supplies sector, classified under SIC 3690. The company trades on the Nasdaq under the ticker symbol POLA. Its recent filings include a 424B7 on October 28, 2026, and an 8-K on October 23, 2026, among others.

What the Filing Says

The prospectus states, "This prospectus relates to the offer and resale from time to time by the Selling Stockholders named herein of up to 8,653,774 shares of our common stock." It also notes that certain stockholders will sell shares issued through the conversion of convertible notes or preferred stock.

Impact

This filing may affect existing and potential investors, as it changes the dynamics of stock ownership. The inclusion of Mandragula Ltd. as a Selling Stockholder, replacing Mayers Ventures LLC, could influence investor perceptions and trading activity.

What's Next

The filing does not say what happens next.

Selling Stockholders

The prospectus supplement provides detailed information about the Selling Stockholders, specifically noting the transfer of securities from Mayers Ventures LLC to Mandragula Ltd. This change is significant as it alters the composition of shareholders involved in the resale of shares. Mandragula Ltd. is now listed as a Selling Stockholder with ownership of 478,281 shares, representing approximately 9.99% of the total shares outstanding prior to the offering.

Mandragula Ltd. is anticipated to offer a maximum of 847,730 shares, which includes 763,889 shares issuable upon conversion of a Convertible Note and 83,841 shares issuable upon the exercise of Warrants. The filing indicates that the exact number of shares that may be issued is variable and determined by market conditions at the time of conversion.

Furthermore, the address for Mandragula Ltd. is provided as 8 Gavish Street, Bet Sarel, Netanya, Israel, and it is noted that Gur Aryeh Segal may be deemed to have sole voting and dispositive power over the shares held by Mandragula Ltd.

Risk Factors

The prospectus highlights that investing in Polar Power's securities involves a high degree of risk, urging potential investors to review the 'Risk Factors' section beginning on page 7 of the prospectus for a comprehensive understanding of the associated risks.

Conclusion

Overall, this filing represents a crucial step for Polar Power, Inc. as it navigates the complexities of its capital structure and shareholder dynamics. The implications of the changes in Selling Stockholders and the associated risks warrant careful consideration by investors.