Polar Power is trading at $1.23, up +7.30% versus the October 7 regular-session close; no new announcement explaining the after-hours rise was identified.
- On October 6, Solidion said it would not raise its offer for Polar Power’s assets after Polar Power’s board rejected it; reports do not establish that earlier news caused the move.
- Major U.S. indexes declined modestly on October 7, so broad-market strength does not explain the gain. No volume data was provided.