09:30 AM EDT, 09/10/2025 (MT Newswires) -- NeoVolta ( NEOV ) said Wednesday it has signed a letter of intent to buy strategic assets of Neubau Energy in a cash and stock transaction.

NeoVolta ( NEOV ) said its sales team is already taking orders for Neubau's installation systems under the NeoVolta brand.

The transaction, expected to ease the impact of 2026 battery tariffs, will be paid via a combination of upfront cash and NeoVolta ( NEOV ) shares, the company said.

The companies are working toward definitive documentation, which is expected to be completed in the next 30 days, NeoVolta ( NEOV ) said.