On March 27, 2026, NeoVolta Inc. announced that it has entered into a Sales Agreement with Needham & Company, LLC, allowing the company to sell up to $30 million of its common stock. This agreement is part of NeoVolta's strategy to enhance its liquidity and support general corporate purposes. The shares will be sold through an at-the-market offering, which means they can be sold directly on the Nasdaq or through other existing trading markets at prevailing market prices. The company intends to use the net proceeds from this offering for working capital and other corporate needs. The Sales Agreement is structured under the company's existing shelf registration statement, which was declared effective by the SEC in June 2024. This move is expected to provide NeoVolta with the necessary capital to support its ongoing operations and growth initiatives. Additionally, the company appointed Steve Bond as Executive Vice President, effective immediately, while he continues to serve as Chief Financial Officer until May 18, 2026. This leadership change reflects the company's commitment to strengthening its executive team as it navigates this new financing opportunity.

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