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Polar Power Receives Nasdaq Confirmation of Stockholders' Equity Compliance; Advances Next Phase of Restructuring

Source: globenewswire.com

M&A & RestructuringCompany FundamentalsCorporate Guidance & Outlook

Polar reports $1.03 million in completed annualized cost reductions and targets approximately $2 million in total annualized savings, including Phase 1 of its restructuring. The company says its operations are being positioned to support scalable revenue growth.

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