CoVolt Power, Inc. filed a Form S-1 registration statement for an initial public offering on 2026-08-21. As of its latest filing, on 2026-08-21, it has not priced the offering or withdrawn it. Each fact below is quoted from the filing named with it.
What the filings say
Listing
We have applied to list our Class A common stock on the NYSE under the symbol “KVLT.”From the S-1 filed 2026-08-21
Use of proceeds
We intend to use the net proceeds from this offering to purchase Common Units from certain of the Continuing Equity Owners and to contribute the remaining net proceeds to CoVolt Holdings in exchange for newly issued Common Units.From the S-1 filed 2026-08-21
Revenue
For the year ended December 31, 2025, our revenues grew 67% to $739.4 million compared to the year ended December 31, 2024 and, as of June 30, 2026, we had $3.6 billion of backlog representing an increase of 410% compared to the same date in the prior year. 85%, 13% and 2% of our backlog as of June 30, 2026 was related to generation, T&D projects and standalone battery storage, respectively.From the S-1 filed 2026-08-21
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2026-08-21 | Registration statement filed | S-1 |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.