NeoVolta Secures $5 Million Line Of Credit From National Energy Modelers
Portfolio Pulse from Benzinga Newsdesk
NeoVolta has secured a $5 million line of credit from National Energy Modelers, which could enhance its financial flexibility and support its growth initiatives.
September 04, 2024 | 12:49 pm
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NeoVolta has obtained a $5 million line of credit from National Energy Modelers, potentially enhancing its financial stability and supporting future growth.
The $5 million line of credit provides NeoVolta with additional financial resources, which can be used to fund growth initiatives or manage cash flow. This financial backing is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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