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Polar Power Prices Common Stock Offering at $18 Per Share

· 02/07/2021 22:24

03:10 AM EST, 02/08/2021 (MT Newswires) -- Polar Power (POLA), a provider of power generators, renewable energy and cooling systems, on Sunday priced a public offering of 750,000 common shares at $18 per share.

Gross proceeds from the offering, which is expected to close on Wednesday, were estimated to be $13.5 million.

Price: 20.22, Change: -0.92, Percent Change: -4.35