Polar Power rejects all-cash offer for company assets
Polar Power Inc's board determined that the all-cash offer from Solidion materially undervalues the company's assets and growth opportunities, and has rejected the proposal.
Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
3 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
Polar Power Inc's board determined that the all-cash offer from Solidion materially undervalues the company's assets and growth opportunities, and has rejected the proposal.
Polar Power Inc. has rejected an all-cash offer from Solidion for the company's assets.
Polar Power, Inc. rejected an all-cash offer from Solidion for its company assets, stating it remains focused on maximizing shareholder value and evaluating credible strategic opportunities.