Polar Power, Inc. (POLA) Form 8-K — Oct 13, 2026
$POLAForm 8-KItems 5.02, 7.01, 9.01Filed Oct 13, 2026, 5:10 PM ET0001493152-26-046869Original filing
Polar Power (NASDAQ: POLA) announced a new co-CEO leadership structure effective October 6, 2026, appointing Chris Mayer as Co-CEO alongside continuing Co-CEO and President Arthur Sams. Mayer, 30, is CEO of CM Capital Management and the managing member of CL Investment Group, which recently bought 833 Series A Convertible Preferred shares, warrants on 227,182 common shares, and an $82,500 convertible note. He will oversee strategy, financial performance, fundraising, and capital markets, while Sams retains operations, engineering, and manufacturing.
Key figures
- Ownership limitation percent
- 9.99% beneficial ownership / 19.99% aggregate cap
- Convertible note principal usd
- 82500
- Warrant shares to cl investment
- 227182
- Convertible note purchase price usd
- 75000
- Preferred shares issued to cl investment
- 833
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