NeoVolta inks $20M secured term loan; maturing 2028, warrants issued
NeoVolta entered a $20 million secured term loan with Horizon Technology Finance and ROHO Capital Opportunity Fund. It matures Mar 3, 2028 at a 10.00% rate, with amortization beginning Dec 4, 2026 and potential $10 million upsizing.
NeoVolta entered into a $20 million secured term loan with Horizon Technology Finance and ROHO Capital Opportunity Fund, maturing Mar 3, 2028 at a 10.00% rate, with amortization beginning Dec 4, 2026 and a potential $10 million upsizing.
The facility is secured by a first-priority lien and includes…