Polar Power, which manufactures DC power generators for off-grid commercial applications, filed on Friday with the SEC to raise up to $17 million in an initial public offering.
The Gardena, CA-based company was founded in 1979 and booked $13 million in sales for the 12 months ended June 30, 2016. It plans to list on the Nasdaq under the symbol POLA. Joseph Gunnar & Co. is the sole bookrunner on the deal. No pricing terms were disclosed.
