Polar Power announces common stock offering, no amount given

Polar Power announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the company. The company intends to use the net proceeds from the offering primarily for product development and general corporate purposes, which may include working capital, capital expenditures, operational purposes and potential acquisitions in complementary businesses. ThinkEquity is acting as sole underwriter for the offering.