Form 4 Filing for Polar Power, Inc.

On September 2, 2026, Shalom Menachem, a director at Polar Power, Inc., reported the assignment of a Convertible Note and a Common Stock Purchase Warrant. The Convertible Note, originally issued on June 30, 2026, was assigned to Mandragola Ltd. along with a Common Stock Purchase Warrant issued on July 21, 2026. The aggregate purchase price for these securities was $325,000. The Convertible Note has a maximum conversion of 763,889 shares of common stock, with the conversion price based on a percentage of the lowest daily VWAP, subject to a floor price. The Common Stock Purchase Warrant has a strike price of $1.64. Both the note and warrant were previously held by Mayers Ventures LLC, and the assignment is part of a transaction where Menachem Shalom may have indirect beneficial ownership. This filing details the disposal of these derivative securities, resulting in zero shares held post-transaction for both the note and the warrant.