Trade Report: Today, Polar Power (POLA) Announces December 7th IPO

Today, Polar Power (POLA) Announces December 7th IPO

Polar Power (POLA) is planning to raise $15 million in an initial public offering (IPO) on Wednesday, December 7th. The company plans to issue 2,000,000 shares at a price of $7.00-$8.00 per share.

In the last twelve months, Polar Power generated $17.2 million in revenue and $2.5 million in net income. Polar Power has a market cap of $70.4 million.

Related posts

Leave a Comment