Polar Power Inc (NASDAQ: POLA) shares are trading lower by 50% to $0.42 Friday morning after the company set the price for its public offering of 4 million shares of common stock at $0.40 per share, aiming to generate $1.6 million in gross proceeds. The company may offer an additional 600,000 shares or pre-funded warrants to the underwriters. The offering is anticipated to close on December 5, pending standard closing requirements. ThinkEquity serves as the exclusive underwriter for this offering. See Also: Why Bitcoin-Related Stock Marathon Digital Is Seeing Blue Skies According to data from …

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