Form 8-K
8-K — NeoVolta Inc.
Accession: 0001683168-26-007324
Filed: 2026-09-23
Period: 2026-09-23
CIK: 0001748137
SIC: 3690 (MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
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UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C.
20549
FORM
8-K
CURRENT REPORT
Pursuant to Section
13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date
of earliest event reported): September 23,
2026
NeoVolta,
Inc.
(Exact name of registrant
as specified in its charter)
Nevada
001-41447
82-5299263
(State or Other Jurisdiction
(Commission
(I.R.S. Employer
of Incorporation)
File Number)
Identification No.)
12195
Dearborn Place
Poway, CA 92064
(Address of Principal
Executive Offices) (Zip Code)
(800) 364-5464
(Registrant’s
telephone number, including area code)
(Former name or former address,
if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol (s)
Name
of each exchange on which registered
Common Stock, par value $0.001 per share
NEOV
The NASDAQ Stock Market LLC
Warrants, each warrant exercisable for one share of common stock
NEOVW
The NASDAQ Stock Market LLC
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition.
On
September 23, 2026, NeoVolta, Inc. (the “Company”), issued a press release (the “Press Release”) announcing financial
results for the fourth quarter and fiscal year ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current
Report on Form 8-K.
The
information contained herein and in the accompanying exhibits shall not be incorporated by reference into any filing of the Company, whether
made before or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by
specific reference to such filing. The information in this report, including the exhibit hereto, shall not be deemed to be “filed”
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section
or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Exhibit Description
99.1
Press release dated September 23, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
2
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
NeoVolta, Inc.
By:
/s/ Jing Nealis
Jing Nealis
Chief Financial Officer
Dated: September 23, 2026
3
EX-99.1 — PRESS RELEASE
EX-99.1
Filename: neovolta_ex9901.htm · Sequence: 2
Exhibit 99.1
NEOVOLTA, INC.
NASDAQ: NEOV
NeoVolta Reports Fourth Quarter and
Fiscal Year 2026 Financial Results
58% year-over-year revenue growth to $13.3 million revenue in fiscal
year 2026
U.S. BESS manufacturing facility progressing to production ramp-up
SK ON collaboration accelerates capacity expansion with 2027-2031
U.S. domestic cells supply
San Diego, CA – Sep 23, 2026 – NeoVolta
Inc. (NASDAQ: NEOV) (“NeoVolta” or the “Company”), a U.S.-based energy technology company delivering scalable
energy storage solutions, today announced financial results for the fourth quarter and fiscal year ended June 30, 2026.
Fourth Quarter and Fiscal Year
2026 Financial Highlights
• Fiscal year 2026 revenue increased 58% year-over-year to $13.3 million, compared to $8.4 million in fiscal year 2025, reflecting
the Company's expansion beyond its historical residential base.
• Fourth quarter revenue was approximately $13.5 thousand, compared to $4.8 million in the fourth quarter of fiscal year 2025,
reflecting a substantial decline in residential and traditional installer-channel sales following federal tax law changes in early calendar
year 2026.
• GAAP net loss of $21.5 million, or $(0.55) per share, for fiscal year 2026, compared to a net loss of $5.0 million, or $(0.15)
per share, for fiscal year 2025. Fourth quarter GAAP net loss was $11.7 million, compared to $1.6 million in the fourth quarter of fiscal
year 2025. Fourth quarter GAAP net loss increase was primarily driven by a $3.9 million provision for credit losses and bad debt expenses
and $1.1 million of residential inventory obsolescence reserve.
• Adjusted EBITDA of $(12.8) million for fiscal year 2026, compared
to $(2.6) million for fiscal year 2025. Fourth quarter Adjusted EBITDA was $(8.0) million,
compared to $(0.7) million in the fourth quarter of fiscal year 2025. This is the first period
for which the Company is disclosing Adjusted EBITDA as a supplemental non-GAAP measure.1
• Cash and cash equivalents of $22.2 million as of June 30, 2026, plus $3.2 million of restricted cash, for total cash, restricted
cash and cash equivalents of $25.4 million, following the Company’s May 2026 public offering.
• Fiscal year 2026 marked the completion of the Company’s transformation into a multi-market energy storage platform, anchored
by the U.S. BESS manufacturing joint venture, NeoVolta Power LLC.
1Adjusted EBITDA is a non-GAAP
financial measure. See "Non-GAAP Financial Measures" and the accompanying reconciliation table for further information.
1
Business Highlights
Fiscal year 2026 was a transformational year for NeoVolta.
• Launch of NeoVolta Power, LLC, the Company’s 80%-owned Pendergrass, Georgia utility and C&I scale energy storage manufacturing
joint venture.
• Receipt of a formal opinion confirming Foreign Entity of Concern (FEOC) compliance for the Pendergrass facility, the NVApex 5MWh BESS
and the NVWave residential product, positioning our products’ eligibility under IRA Section 48E.
• Expansion of the Company’s commercial pipeline into utility-scale and C&I markets, including a non-binding letter of intent
(“LOI”) with Infinite Grid Capital (“IGC”) for approximately 1.1 GWh (representing approximately $200 million
in potential deployments) of utility-scale battery systems. Pursuing the LOI, in September, NeoVolta Power entered into a binding capacity
reservation agreement with IGC to provide BESS for North Ontario Edge AI datacenter projects for calendar year 2027.
• Appointment of Jing Nealis as Chief Financial Officer, effective May 18, 2026, further strengthening the Company’s executive
leadership team ahead of the production ramp.
• Subsequent to fiscal year-end, on August 31, 2026, NeoVolta Power announced a five-year strategic supply and manufacturing collaboration
with SK On. The collaboration includes a signed agreement for SK On to supply 9 GWh of U.S.-manufactured LFP battery cells to NeoVolta
Power from 2027 through 2031, as well as a framework for broader collaboration under which SK On would supply an additional 9 GWh of LFP
cells and purchase energy storage packs manufactured by NeoVolta Power from 2027 through 2031. Together, the signed agreement and broader
framework are expected to support up to 18 GWh of combined activity between the companies.
Fiscal Year 2027 Key Milestones
• Complete Site Acceptance Test and commissioning of the Pendergrass, Georgia facility, with production ramp underway from the second
quarter of fiscal year 2027.
• Conversion of non-binding utility-scale and C&I pipeline into binding orders, including the Infinite Grid Capital letter of intent
as well as progress toward future order documents contemplated by the broader SK On pack-manufacturing collaboration.
• Progress toward a second Pendergrass production line, which could scale site capacity toward 8 GWh of annual BESS production capacity
in calendar year 2028, supported by the signed SK On cell-supply agreement and the broader pack-manufacturing collaboration framework.
• Capital allocation priorities for fiscal year 2027 are focused on funding working capital for the production ramp and investment in
the second production line. Subsequent to June 30, 2026, the Company entered into a senior secured term loan facility providing $20 million
(less an original issue discount of $1.0 million) in initial funding with the potential to increase the aggregate loan commitment by up
to an additional $10 million upon mutual agreement of the Company and participating lenders. The facility complements the Company’s
broader capital formation strategy to fund the rapid growth in the coming quarters.
2
Fiscal year 2026 was the year NeoVolta advanced its transformation
from a residential battery energy storage company into a multi-market residential, C&I and utility energy storage platform. While
our fourth quarter results reflect a difficult period for the U.S. residential energy storage market, we believe we have positioned the
company for significant growth with the Pendergrass facility on track to start production ramp-up in the second quarter of fiscal year
2027.
“More importantly, fiscal 2026 was defined by the progress we
made at Pendergrass. Our facility is advancing through commissioning and production-ramp activities, and our strategic collaboration with
SK On supports our long-term capacity-expansion plans through a multi-year U.S.-manufactured LFP cell-supply agreement and broader pack-manufacturing
collaboration. Combined with the growth of our utility-scale and C&I pipeline, we believe NeoVolta enters fiscal year 2027 with a
stronger platform to execute our growth strategy,” said Ardes Johnson, Chief Executive Officer of NeoVolta.
“Beginning this quarter, we are introducing Adjusted EBITDA as
a supplemental disclosure to provide investors with greater visibility into our underlying operating performance as our business grows.
Our balance sheet was strengthened by the completion of our May offering, and subsequent to year-end, we entered into a senior secured
term loan facility that provides additional capital for working capital and general corporate purposes. As we enter fiscal year 2027,
our focus is on disciplined execution of the Pendergrass production ramp and converting commercial opportunities into durable growth,”
said Jing Nealis, Chief Financial Officer of NeoVolta.
Conference Call Information
NeoVolta will host a conference call and webcast on Wednesday, September
23, 2026, at 5:00 p.m. Eastern Time to discuss its fourth quarter and fiscal year 2026 financial and operating results. Management will
also discuss recent operational progress and strategic priorities, followed by a question-and-answer session.
• Date: Wednesday, September 23, 2026
• Time: 5:00 pm ET
• Dial-in: +1 (201) 389-0908
• Webcast and accompanying slide presentation: Registration
Link
A telephonic replay will be available from 9:00 p.m. Eastern Time on
September 23, 2026, through Wednesday, October 7, 2026. To access the replay, dial +1 (412) 317-6671 and enter replay PIN 13762483.
The webcast replay and accompanying presentation will be available
on the Investor Relations section of the Company’s website at neovolta.com/investors.
About NeoVolta
NeoVolta is an innovator in energy storage solutions dedicated to
advancing reliable, high-performance power infrastructure for residential, commercial, and utility applications. With a focus on scalable
technology, domestic manufacturing, and strategic partnerships, NeoVolta is positioned to support the accelerating transition toward
resilient energy systems.
For more information, visit www.neovolta.com.
3
Cautionary Note Regarding Forward-Looking
Statements
This press release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including
statements regarding the production ramp and first commercial production at the Company’s Pendergrass, Georgia facility, potential
development of a second Pendergrass production line and the scaling of annual production capacity, the SK Battery America supply agreement
and related pack collaboration, expected recovery in residential volumes, conversion of pipeline opportunities into binding orders (including
the non-binding Infinite Grid Capital letter of intent), the Company’s senior secured term loan facility, and the Company’s
fiscal year 2027 outlook. These statements are based on current expectations and assumptions that are subject to risks and uncertainties,
and actual results may differ materially. Factors that could cause actual results to differ include, among others, risks related to the
Company’s manufacturing ramp and facility commissioning, joint venture execution, customer order conversion, residential market
conditions, changes in federal tax policy or IRA incentive programs, supply arrangements including the SK Battery America collaboration,
availability and terms of additional financing, and access to capital, as well as other factors described in the Company’s filings
with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
The Company undertakes no obligation to update any forward-looking statements, except as required by law.
Non-GAAP Financial Measures
To supplement our financial results presented on a basis in conformity
with generally accepted accounting principles in the United States (“GAAP”), we use the non-GAAP measure: Adjusted EBITDA
which excludes from our GAAP net loss, interest, taxes, depreciation and amortization, as well as other significant expenses including
stock-based compensation that we believe are helpful in understanding our past financial performance. Our non-GAAP financial measures
are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with
our consolidated financial statements prepared in accordance with GAAP.
Management believes that these non-GAAP financial measures reflect
our ongoing business in a manner that allows for meaningful comparisons and analysis of trends in its business, as they exclude expenses
and gains not reflective of ongoing operating results or that may be infrequent and/or unusual in nature. We exclude the nonoperating
credit loss expenses and loss on debt exchanges as these costs were non-operational in nature and they are not indicative of our ongoing
operational results. We also adjust for the effect of stock-based compensation expenses noting that such expenses will recur in future
periods. Although stock-based compensation is a key incentive offered to our employees, we continue to evaluate our business performance
internally excluding stock-based compensation expenses.
Management also believes that these non-GAAP financial measures provide
useful information to investors in understanding and evaluating our operating results and future prospects in the same manner as management
and in comparing financial results across accounting periods and to those of peer companies. These non-GAAP measures may not be comparable
to similarly titled measures presented by other companies. In this press release, we provided a reconciliation of non-GAAP Adjusted EBITDA
to GAAP net loss, the most directly comparable GAAP financial measure.
Contacts
NEOV Investors
Bryan Baritot
Alliance Advisors IR
ir@neovolta.com
NEOV Media
Email:
press@neovolta.com
Phone: 800-364-5464
4
NEOVOLTA INC.
Consolidated Balance Sheets
June 30,
June 30,
2026
2025
Assets
Current assets:
Cash and cash equivalents
$ 22,201,975
$ 794,836
Restricted cash
3,150,000
–
Accounts receivable, net
2,945,468
2,983,841
Inventory, net
2,133,153
2,137,912
Prepaid expenses and other current assets (including prepaid inventory in amounts of $931,685 and
$535,938, respectively)
2,145,487
748,044
Other current assets
272,280
–
Total current assets
32,848,363
6,664,633
Construction in progress
9,602,302
–
Property and equipment, net
323,804
–
Net property and equipment
9,926,106
–
Intellectual property (net of accumulated amortization of $333,859)
1,064,641
–
Other assets:
Lease right-of-use assets, net
8,082,546
140,540
Prepaid service fee under third party platform
1,631,944
–
Miscellaneous assets
84,347
–
Total assets
$ 53,637,947
$ 6,805,173
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable - other
$ 3,590,368
$ 689,216
Accounts payable - related party
233,910
–
Accrued liabilities
1,038,936
78,934
Lease liabilities
695,269
140,540
Short-term notes payable
1,120,000
2,603,223
Total current liabilities
6,678,483
3,511,913
Payable to line of credit lender
–
383,538
Lease liabilities
7,392,124
–
Total liabilities
14,070,607
3,895,451
Commitments and contingencies (Note 7)
–
Stockholders' equity:
Common stock, $0.001 par value, 100,000,000 shares authorized, 58,308,247 shares and 34,124,873 shares issued and outstanding, respectively
58,308
34,125
Additional paid-in capital
86,756,877
28,652,731
Accumulated deficit
(47,247,845 )
(25,777,134 )
Total stockholders' equity
39,567,340
2,909,722
Total liabilities and stockholders' equity
$ 53,637,947
$ 6,805,173
5
NEOVOLTA INC.
Consolidated Statements of Operations
Three Months Ended June 30,
Year Ended June 30,
2026
2025
2026
2025
Revenues from contracts with customers
$ 13,460
$ 4,750,913
$ 13,332,953
$ 8,426,835
Cost of goods sold
(1,152,857 )
(4,175,474 )
(11,194,753 )
(6,920,130 )
Gross profit
(1,139,398 )
575,439
2,138,199
1,506,705
Operating expenses:
General and administrative
7,974,994
1,929,423
18,347,045
6,065,590
Research and development
1,036,449
78,417
1,556,043
157,305
Depreciation and amortization
136,537
–
376,827
–
Total operating expenses
9,147,980
2,007,840
20,279,915
6,222,895
Loss from operations
(10,287,378 )
(1,432,401 )
(18,141,716 )
(4,716,190 )
Other income (expense):
Loss on debt exchanges
–
–
(1,266,030 )
–
Interest expense
(22,097 )
(217,372 )
(667,741 )
(320,417 )
Nonoperating credit loss and other
(1,430,837 )
–
(1,532,998 )
–
Interest income
80,125
139
137,775
2,011
Total other income (expense)
(1,372,809 )
(217,233 )
(3,328,994 )
(318,406 )
Net loss
$ (11,660,188 )
$ (1,649,634 )
$ (21,470,711 )
$ (5,034,596 )
Weighted average shares outstanding - basic and diluted
47,896,780
34,124,873
39,294,032
33,589,818
Net loss per share - basic and diluted
$ (0.24 )
$ (0.05 )
$ (0.55 )
$ (0.15 )
6
NEOVOLTA INC.
Consolidated
Statements of Cash Flows
Year Ended June 30,
2026
2025
Cash flows from operating activities:
Net loss
$ (21,470,711 )
$ (5,034,596 )
Adjustments to reconcile net loss to net cash used in operations:
Stock compensation expense
4,963,440
2,101,488
Loss on debt exchanges
1,266,030
–
Amortization of ROU asset
238,261
80,570
Depreciation and other amortization expense
411,550
–
Provision for expected credit losses/bad debt expense
4,580,554
(4,253 )
Inventory obsolescence reserve
1,119,013
–
Changes in assets and liabilities
Accounts receivable
(3,005,031 )
(1,630,876 )
Inventory
(834,062 )
41,864
Prepaid expenses and other current assets
(3,205,228 )
(606,429 )
Other long term assets
(84,347 )
–
Accounts payable
498,386
683,900
Accrued expenses
505,735
23,150
Other changes, net
(175,160 )
(80,570 )
Net cash flows used in operating activities
(15,191,570 )
(4,425,752 )
Cash flows from investing activities:
Additions to construction in progress
(6,364,051 )
–
Additions to other property & equipment
(767,272 )
–
Additions to notes receivable
(1,500,000 )
–
Net cash flows used in investing activities
(8,631,323 )
–
Cash flows from financing activities:
Proceeds of public equity offerings
35,628,565
–
Proceeds of private equity offering
13,000,000
1,087,000
Borrowings under lines of credit
1,370,000
500,000
Repayments of lines of credit
(633,538 )
(116,462 )
Borrowings under short-term notes payable
6,697,612
5,106,343
Repayments of short-term notes payable
(7,597,341 )
(2,503,120 )
Prepayment of issuance costs for planned equity offering
(85,266 )
–
Proceeds from exercise of common stock warrants
–
160,400
Net cash flows from financing activities
48,380,032
4,234,161
Net increase (decrease) in cash and restricted cash
24,557,139
(191,591 )
Cash, restricted cash and cash equivalents at beginning of period
794,836
986,427
Cash, restricted cash and cash equivalents at end of period
$ 25,351,975
$ 794,836
Supplemental disclosures of cash flow information:
Cash paid for interest
$ 863,083
$ 136,580
Cash paid for income taxes
–
–
Cash paid for amounts included in operating lease liabilities
250,017
93,190
Supplemental disclosures of financing and investing activities:
Issuance of common stock for debt exchanges
$ 2,969,524
$ –
Addition of assets for common stock
998,000
–
Right-of-use assets obtained for operating lease liabilities
8,184,869
221,110
Other equity contribution for services
568,800
–
7
NEOVOLTA INC.
GAAP to Non-GAAP Reconciliation of Net Loss to Adjusted EBITDA
Three Months Ended June 30,
Year Ended June 30,
2026
2025
2026
2025
Net loss
$ (11,660,188 )
$ (1,649,634 )
$ (21,470,711 )
$ (5,034,596 )
Interest expense
22,097
217,372
667,741
320,417
Interest income
(80,125 )
(139 )
(137,775 )
(2,011 )
Depreciation and amortization
136,537
–
376,827
–
Share-based compensation
2,150,677
732,904
4,963,440
2,101,487
Loss on debt exchanges
–
–
1,266,030
–
Nonoperating credit loss and other
1,430,837
–
1,532,998
–
Adjusted EBITDA
(8,000,164 )
(699,497 )
(12,801,449 )
(2,614,703 )
8
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- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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- Definition
Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 7A
-Section B
-Subsection 2
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- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
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- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
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- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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- Definition
Local phone number for entity.
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No definition available.
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
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- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
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- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
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Period Type:
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
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- Definition
Trading symbol of an instrument as listed on an exchange.
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No definition available.
+ Details
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Data Type:
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Period Type:
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
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- Details
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