SAN DIEGO, Aug. 01, 2022 (GLOBE NEWSWIRE) -- NeoVolta, Inc. (“NeoVolta” or the “Company”) (NASDAQ: NEOV, NEOVW), manufacturer of Smart Energy Storage Solutions, today announced the closing of its previously announced underwritten public offering of 975,000 units at a price to the public of $4.00 per unit. Each unit issued in the offering consisted of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $4.00 and an expiration date of five years from the date of issuance. The common stock and warrants were immediately separable and were issued separately. The common stock and warrants began trading on the Nasdaq Capital Market on July 28, 2022, under the symbols “NEOV” and “NEOVW,” respectively.