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Polar Power, Inc. Engages in Exchange Agreement for Series A Convertible Preferred Stock.

PRIVATESep 25, 2026

Amount Raised

$615,000

Round Type

Series A

United StatesManufacturingEnergyRenewable EnergySolar

Investors

Arthur Sams

Description

On September 25, 2026, Polar Power, Inc. entered into an exchange agreement with its CEO, Arthur Sams. The agreement involved the surrender of $614,700 in promissory notes for shares of Series A Convertible Preferred Stock and a warrant for common stock. This agreement reflects the company's ongoing financial strategies and leadership involvement.

Company Information

Company

POLAR POWER

Location

United States

About

Polar Power, Inc. is a technology company based in Gardena, California, primarily engaged in the design, manufacturing, and marketing of power generation and management systems. The company operates in the renewable energy sector, focusing on providing solutions for localized power generation, particularly through its range of DC power systems and renewable energy products. Polar Power serves various markets including telecommunications, military, and commercial sectors, aiming to enhance energy efficiency and sustainability. As of the date of this filing, the company is publicly traded under the ticker symbol POLA on The NASDAQ Stock Market, indicating its size and sector influence. The company continues to innovate in its strategic focus on advancing clean energy technologies.

Fundz sees it the moment POLAR POWER raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for POLAR POWER's next move

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

POLAR POWER raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.