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NeoVolta Priced, Nasdaq: NEOV

Makes energy storage systems for residential and commercial solar equipment.

Industry: Industrials

Latest Trade: $5.93 +0.44 (+8.0%)

First Day Return: -1.0%

Return from IPO: +37.3%

Industry: Industrials

We are a designer, manufacturer, and seller of high-end Energy Storage Systems (or ESS), primarily our NeoVolta NV14 and NV 24, which can store and use energy via batteries and an inverter at residential or commercial sites. We were founded to identify new ways to leverage emerging technologies with the dynamic changes that are taking place in the energy delivery space. We primarily market and sell our products directly to our certified solar installers and solar equipment distributors. In the future, we also intend to pursue residential developers, commercial developers, and other commercial opportunities. Because we are purely dedicated to energy solar systems, virtually all of our current resources and efforts go into further developing our flagship NV14 and NV 24 products, while focusing on specific industry needs for our next generation of products. We believe we are unique in the marketplace due to our low cost, our innovative battery chemistry, our product versatility and our commitment to installer service. Because of these factors, we believe NeoVolta is uniquely equipped to establish ourselves as a major player in the energy storage market.
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IPO Data
IPO File Date 04/13/2022
Offer Price $4.00
Price Range $4.00 - $4.00
Offer Shares (mm) 1.0
Deal Size ($mm) $4
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/27/2022
Offer Price $4.00
Price Range $4.00 - $4.00
Offer Shares (mm) 1.0
Deal Size ($mm) $4
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Maxim Group LLC
Company Data
Headquarters Poway, CA, United States
Founded 2018
Employees at IPO 5
Website www.neovolta.com

NeoVolta (NEOV) Performance