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NeoVolta Enters Into Asset Purchase Agreement for Neubau Energy's Next-Generation Battery Platform; Expects Transaction to Be Immediately Accretive to Revenues and Gross Margins
Neubau executives join NeoVolta as Chief Operating Officer and Chief Technology OfficerSAN DIEGO, Oct. 07, 2025 (GLOBE NEWSWIRE) -- NeoVolta Inc. (NASDAQ: NEOV) entered into on October 1, 2025 an asset purchase agreement for the purchase of strategic assets of Neubau Energy pursuant to its letter of intent announced on September 10, 2025 [link]. The acquisition is expected to close by October 15, 2025. Concurrently, NeoVolta hired Neubau executives, naming Amany Ibrahim as chief operating office
About this update from Neovolta Inc.
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