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NeoVolta ( (NEOV) ) has shared an update.
On October 1, 2025, NeoVolta, Inc. entered into an Asset Purchase Agreement with Neubau Energy Inc., acquiring certain assets on a cash-free, debt-free basis, with the transaction expected to close by October 15, 2025. This strategic acquisition includes potential additional shares based on revenue milestones and a royalty agreement, positioning NeoVolta to expand its product offerings and market presence. Additionally, NeoVolta appointed Amany Ibrahim as Chief Operating Officer and Thomas Enzendorfer as Chief Technology Officer, effective October 1, 2025, under new employment agreements. These appointments bring experienced leadership from Neubau Energy, aiming to drive strategic growth and innovation in NeoVolta’s operations.
The most recent analyst rating on (NEOV) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on NeoVolta stock, see the NEOV Stock Forecast page.
More about NeoVolta
NeoVolta, Inc. operates in the energy storage industry, focusing on developing and providing advanced battery solutions for residential and commercial applications. The company is known for its innovative battery technologies and aims to enhance home energy storage capabilities.
Average Trading Volume: 284,417
Technical Sentiment Signal: Strong Buy
Current Market Cap: $178.6M
For detailed information about NEOV stock, go to TipRanks’ Stock Analysis page.