{"success":true,"data":{"pressRelease":{"id":"47089","rtpr_id":"nGNXbFxVZ4","ticker":"NEOV","exchange":"NASDAQ","all_tickers":["NEOV"],"title":"NeoVolta Announces Proposed Public Offering of Common Stock","author":"Globe Newswire","published_at":"2026-05-27T20:19:41.104Z","article_body":"SAN DIEGO, May 27, 2026 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV)\n(“NeoVolta” or the “Company”), a U.S.-based energy technology company\ndelivering scalable energy storage solutions, today announced that it is\ncommencing an underwritten public offering of shares of its common stock, or\nin lieu of shares of common stock, pre-funded warrants to purchase shares of\ncommon stock. In addition, the Company intends to grant the underwriters a\n30-day option to purchase up to 15% of the total number of securities sold in\nthe offering (consisting of shares of common stock, pre-funded warrants or any\ncombination thereof), on the same terms and conditions. The offering is\nsubject to market conditions, and there can be no assurance as to whether or\nwhen the offering may be completed, or as to the actual size or terms of the\noffering.\n\nLake Street Capital Markets, LLC is acting as the sole book-running manager\nfor the proposed offering.\n\nThe securities are being offered and sold by the Company pursuant to an\neffective shelf registration statement on Form S-3 (File No. 333-280400)\npreviously filed with the Securities and Exchange Commission (“SEC”) on\nJune 21, 2024, and declared effective by the SEC on June 28, 2024. The\noffering of such securities is being made only by means of a prospectus\nsupplement and accompanying base prospectus that forms a part of the\nregistration statement. A preliminary prospectus supplement and accompanying\nbase prospectus relating to the offering will be filed with the SEC and will\nbe available for free on the SEC’s website at http://www.sec.gov. When\navailable, copies of the preliminary prospectus supplement and the\naccompanying base prospectus relating to the offering may be obtained from\nLake Street Capital Markets, LLC at 121 South Eighth Street, Suite 1000,\nMinneapolis, MN 55402, or e-mail at prospectus@lakestreetcm.com. The final\nterms of the proposed offering will be disclosed in a final prospectus\nsupplement to be filed with the SEC.\n\nThis press release shall not constitute an offer to sell or the solicitation\nof an offer to buy any securities nor will there be any sale of these\nsecurities in any state or other jurisdiction in which such offer,\nsolicitation or sale would be unlawful prior to registration or qualification\nunder the securities laws of any such state or other jurisdiction.\n\nAbout NeoVolta\n\nNeoVolta is an innovator in energy storage solutions dedicated to advancing\nreliable, high-performance power infrastructure for residential, commercial,\nand utility applications. With a focus on scalable technology, domestic\nmanufacturing, and strategic partnerships, NeoVolta is positioned to support\nthe accelerating transition toward resilient energy systems.\n\nForward-Looking Statements\n\nSome of the statements in this release are forward-looking statements within\nthe meaning of Section 27A of the Securities Act of 1933, Section 21E of the\nSecurities Exchange Act of 1934, and the Private Securities Litigation Reform\nAct of 1995, which involve risks and uncertainties. Forward-looking statements\nin this press release include, without limitation, the Company’s ability to\ncomplete an offering on the anticipated terms, or at all and the timing of any\noffering. Although the Company believes that the expectations reflected in\nsuch forward-looking statements are reasonable as of the date made,\nexpectations may prove to have been materially different from the results\nexpressed or implied by such forward-looking statements. The Company has\nattempted to identify forward-looking statements by terminology including\n\"believes,\" \"estimates,\" \"anticipates,\" \"expects,\" \"plans,\" \"projects,\"\n\"intends,\" \"potential,\" \"may,\" \"could,\" \"might,\" \"will,\" \"should,\"\n\"approximately,\" or other words that convey uncertainty of future events or\noutcomes. These statements are only predictions and involve known and unknown\nrisks, uncertainties, and other factors, including those discussed under Item\n1A. Risk Factors in the Company's most recently filed Form 10-K and updated\nfrom time to time in its Form 10-Q filings and in its other public filings\nwith the SEC. Any forward-looking statements contained in this release speak\nonly as of its date. The Company undertakes no obligation to update any\nforward-looking statements contained in this release to reflect events or\ncircumstances occurring after its date or to reflect the occurrence of\nunanticipated events.\n\nContacts\nNEOV Investors \nAlliance Advisors IR\nir@neovolta.com\n\nNEOV Media\nEmail: press@neovolta.com\n\n(https://www.globenewswire.com/Tracker?data=D8PsL8ro0a-yBpQljWKZ5qynwDaM_3_gT09WizsEzpFFNckgOlY2eR_Eey_tZXqKHhg_9I19BJs-icrXoCTipw==)Phone:\n800-364-5464\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/1fdd2381-f235-499a-999a-d1d22f639e49)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXbFxVZ4","title":"NeoVolta Announces Proposed Public Offering of Common Stock","author":"Globe Newswire","ticker":"NEOV","created":"2026-05-27T20:19:41.104Z","tickers":["NEOV"],"exchange":"NASDAQ","article_body":"SAN DIEGO, May 27, 2026 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV)\n(“NeoVolta” or the “Company”), a U.S.-based energy technology company\ndelivering scalable energy storage solutions, today announced that it is\ncommencing an underwritten public offering of shares of its common stock, or\nin lieu of shares of common stock, pre-funded warrants to purchase shares of\ncommon stock. In addition, the Company intends to grant the underwriters a\n30-day option to purchase up to 15% of the total number of securities sold in\nthe offering (consisting of shares of common stock, pre-funded warrants or any\ncombination thereof), on the same terms and conditions. The offering is\nsubject to market conditions, and there can be no assurance as to whether or\nwhen the offering may be completed, or as to the actual size or terms of the\noffering.\n\nLake Street Capital Markets, LLC is acting as the sole book-running manager\nfor the proposed offering.\n\nThe securities are being offered and sold by the Company pursuant to an\neffective shelf registration statement on Form S-3 (File No. 333-280400)\npreviously filed with the Securities and Exchange Commission (“SEC”) on\nJune 21, 2024, and declared effective by the SEC on June 28, 2024. The\noffering of such securities is being made only by means of a prospectus\nsupplement and accompanying base prospectus that forms a part of the\nregistration statement. A preliminary prospectus supplement and accompanying\nbase prospectus relating to the offering will be filed with the SEC and will\nbe available for free on the SEC’s website at http://www.sec.gov. When\navailable, copies of the preliminary prospectus supplement and the\naccompanying base prospectus relating to the offering may be obtained from\nLake Street Capital Markets, LLC at 121 South Eighth Street, Suite 1000,\nMinneapolis, MN 55402, or e-mail at prospectus@lakestreetcm.com. The final\nterms of the proposed offering will be disclosed in a final prospectus\nsupplement to be filed with the SEC.\n\nThis press release shall not constitute an offer to sell or the solicitation\nof an offer to buy any securities nor will there be any sale of these\nsecurities in any state or other jurisdiction in which such offer,\nsolicitation or sale would be unlawful prior to registration or qualification\nunder the securities laws of any such state or other jurisdiction.\n\nAbout NeoVolta\n\nNeoVolta is an innovator in energy storage solutions dedicated to advancing\nreliable, high-performance power infrastructure for residential, commercial,\nand utility applications. With a focus on scalable technology, domestic\nmanufacturing, and strategic partnerships, NeoVolta is positioned to support\nthe accelerating transition toward resilient energy systems.\n\nForward-Looking Statements\n\nSome of the statements in this release are forward-looking statements within\nthe meaning of Section 27A of the Securities Act of 1933, Section 21E of the\nSecurities Exchange Act of 1934, and the Private Securities Litigation Reform\nAct of 1995, which involve risks and uncertainties. Forward-looking statements\nin this press release include, without limitation, the Company’s ability to\ncomplete an offering on the anticipated terms, or at all and the timing of any\noffering. Although the Company believes that the expectations reflected in\nsuch forward-looking statements are reasonable as of the date made,\nexpectations may prove to have been materially different from the results\nexpressed or implied by such forward-looking statements. The Company has\nattempted to identify forward-looking statements by terminology including\n\"believes,\" \"estimates,\" \"anticipates,\" \"expects,\" \"plans,\" \"projects,\"\n\"intends,\" \"potential,\" \"may,\" \"could,\" \"might,\" \"will,\" \"should,\"\n\"approximately,\" or other words that convey uncertainty of future events or\noutcomes. These statements are only predictions and involve known and unknown\nrisks, uncertainties, and other factors, including those discussed under Item\n1A. Risk Factors in the Company's most recently filed Form 10-K and updated\nfrom time to time in its Form 10-Q filings and in its other public filings\nwith the SEC. Any forward-looking statements contained in this release speak\nonly as of its date. The Company undertakes no obligation to update any\nforward-looking statements contained in this release to reflect events or\ncircumstances occurring after its date or to reflect the occurrence of\nunanticipated events.\n\nContacts\nNEOV Investors \nAlliance Advisors IR\nir@neovolta.com\n\nNEOV Media\nEmail: press@neovolta.com\n\n(https://www.globenewswire.com/Tracker?data=D8PsL8ro0a-yBpQljWKZ5qynwDaM_3_gT09WizsEzpFFNckgOlY2eR_Eey_tZXqKHhg_9I19BJs-icrXoCTipw==)Phone:\n800-364-5464\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/1fdd2381-f235-499a-999a-d1d22f639e49)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-27T20:19:41.14801255Z","server_sent_at_ms":1779913181148},"received_at":"2026-05-27T20:19:41.205Z","source_url":null},"analysis":{"id":"36522","press_release_id":"47089","analysis_json":{"industry":{"label":"Electrical Equipment","sector":"Industrials"},"redFlags":["Offering size and price not yet disclosed; final terms pending.","Use of pre-funded warrants suggests potential for accelerated dilution or complex capital structure."],"eventType":"offering","narrative":"NeoVolta announced the commencement of an underwritten public offering of its common stock or pre-funded warrants.\n\nThe company has granted underwriters a 30-day option to purchase up to 15% of the total securities sold in the offering.\n\nLake Street Capital Markets is acting as the sole book-running manager, with final terms and pricing to be disclosed in a future prospectus supplement.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"NeoVolta launches dilutive equity offering; watch for pricing details and discount to market."},"keyFigures":{"customDimensions":{"over_allotment_option":"15%"}},"quotedText":"NeoVolta Inc. ... today announced that it is commencing an underwritten public offering of shares of its common stock, or in lieu of shares of common stock, pre-funded warrants to purchase shares of common stock.","namedEntities":{"people":[],"products":[],"companies":[{"name":"NeoVolta Inc.","ticker":"NEOV","relationship":"filer"},{"name":"Lake Street Capital Markets, LLC","relationship":"underwriter"},{"name":"Securities and Exchange Commission","relationship":"regulator"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"The company is commencing a public offering of common stock or pre-funded warrants. While the size and price are not yet disclosed, the act of launching a dilutive equity raise signals a need for capital and introduces immediate dilution risk. The 15% over-allotment option adds further potential dilution."},"tickerRelevance":{"others":[],"primary":"NEOV"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":["dilution"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"dilutive_offering","sectorWeight":"moderate","householdBrandBoost":0,"marketCapAdjustment":"low"}},"event_type":"offering","event_type_secondary":["dilution"],"sentiment":"bearish","material_impact_score":3,"narrative":"NeoVolta announced the commencement of an underwritten public offering of its common stock or pre-funded warrants.\n\nThe company has granted underwriters a 30-day option to purchase up to 15% of the total securities sold in the offering.\n\nLake Street Capital Markets is acting as the sole book-running manager, with final terms and pricing to be disclosed in a future prospectus supplement.","key_figures":{"customDimensions":{"over_allotment_option":"15%"}},"named_entities":{"people":[],"products":[],"companies":[{"name":"NeoVolta Inc.","ticker":"NEOV","relationship":"filer"},{"name":"Lake Street Capital Markets, LLC","relationship":"underwriter"},{"name":"Securities and Exchange Commission","relationship":"regulator"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-27T20:20:23.358Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"small-cap","eventGravity":"dilutive_offering","sectorWeight":"moderate","householdBrandBoost":0,"marketCapAdjustment":"low"}},"durationMs":42146,"modelName":"george-droid-qwen-72b"}}