# EDGAR Filing Document

**Accession Number:** 0001449792
**File Stem:** 0001641172-25-016245
**Filing Date:** 2025-6
**Character Count:** 11512
**Document Hash:** 9aff417354c21c990d48e450e86ce7ae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-016245.hdr.sgml**: 20250624

**ACCESSION NUMBER**: 0001641172-25-016245

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20250624

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250624

**DATE AS OF CHANGE**: 20250624

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIONEER POWER SOLUTIONS, INC.
- **CENTRAL INDEX KEY:** 0001449792
- **STANDARD INDUSTRIAL CLASSIFICATION:** POWER, DISTRIBUTION & SPECIALTY TRANSFORMERS [3612]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35212
- **FILM NUMBER:** 251067179

**BUSINESS ADDRESS:**
- **STREET 1:** 400 KELBY STREET, 12TH FLOOR
- **CITY:** FORT LEE
- **STATE:** NJ
- **ZIP:** 07024
- **BUSINESS PHONE:** 212-867-0700

**MAIL ADDRESS:**
- **STREET 1:** 400 KELBY STREET, 12TH FLOOR
- **CITY:** FORT LEE
- **STATE:** NJ
- **ZIP:** 07024

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SIERRA CONCEPTS, INC.
- **DATE OF NAME CHANGE:** 20081112

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SIERRA CONCEPTS
- **DATE OF NAME CHANGE:** 20081112

?xml version='1.0' encoding='ASCII'?

**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): **June 24, 2025**

**PIONEER POWER SOLUTIONS, INC.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-35212** | **27-1347616** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (I.R.S. Employer<br> Identification No.) |

---

---

| | |
|:---|:---|
| **<u>400 Kelby Street, 12th Floor</u>**<br> **<u>Fort Lee, New Jersey</u>** | **<u>07024</u>** |
| (Address of principal executive offices) | (Zip Code) |

---

**<u>(212) 867-0700</u>**

(Registrant's telephone number, including area code)

**N/A**

(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 exchange on which registered** |
| Common Stock, par value $0.001 per share | PPSI | Nasdaq Stock Market LLC (Nasdaq Capital Market) |

---

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 7.01 Regulation FD Disclosure.**

On June 24, 2025, Pioneer Power Solutions, Inc. issued a press release announcing an award from the largest U.S. Charging-as-a-Service company valued at approximately $10 million. A copy of this press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference. The Company undertakes no obligation to update, supplement or amend the materials attached hereto as Exhibit 99.1.

The information in this Current Report on Form 8-K (including Exhibit 99.1 attached hereto) is being furnished pursuant to Item 7.01 and shall not be deemed to be filed for purposes of Section 18 of the Exchange Act or otherwise be subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filing.

**Item 9.01 Financial Statements and Exhibits.**

(d) Exhibits

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Press Release dated June 24, 2025](ex99-1.htm) |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **PIONEER POWER SOLUTIONS, inc.** | **PIONEER POWER SOLUTIONS, inc.** |
| Date: June 24, 2025 | By: | */s/ Walter Michalec* |
|  | Name: | Walter Michalec |
|  | Title: | Chief Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

Powering Ahead: Pioneer Power Secures $10 Million Multi-year e-Boost Award

*Partners with Largest U.S. Charging-as-a-Service ("CaaS") Company to Accelerate e-Boost Deployment*

**FORT LEE, N.J., June 24, 2025 /BusinessWire/ — Pioneer Power Solutions, Inc.** (Nasdaq: PPSI) ("Pioneer" or the "Company"), a leader in the design, manufacture, service and integration of distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today announced an award from the largest U.S. Charging-as-a-Service company ("CaaS" company) valued at approximately $10 million.

---

| | |
|:---|:---|
| <br> ![](ex99-1_002.jpg)<br>*Pioneer's e-Boost Pure Power 175*<br>| Pioneer expects to deliver approximately $2 million of equipment to the CaaS company in 2025, with the remaining value of the award expected to be completed in 2026 and 2027. This new award builds on the two companies' ongoing efforts to accelerate the adoption of clean, on-demand energy solutions in the EV space. |

---

"This award not only validates the strength of the e-Boost technology, our supply chain management and manufacturing capabilities but also underscores our rapid execution, a key factor in driving growth and broadening deployments," said Geo Murickan, President of Pioneer's eMobility business. "Grid infrastructure delays continue to be the biggest bottlenecks for fleets and businesses ready to deploy EVs. We are addressing this challenge by delivering solutions that enable fast deployment, require no up-front costs and align more effectively with fleets' operating business models."
The initial completion of this award is slated to commence in Q2 2025 and ramp up throughout 2026 and 2027. This award marks a significant expansion for the CaaS company, building on its existing presence in 30 US metro markets and extending into new US markets, as well as strategic opportunities in Canada and Mexico. With its track record of demonstrating expertise and scalable solutions, Pioneer is poised to ignite the CaaS company's explosive growth in the demanding private fleet market while simultaneously capitalizing on the existing and surging backlog for e-Boost solutions in municipal, transit and school bus applications.

**About Pioneer Power Solutions, Inc.**

Pioneer Power Solutions, Inc. is a leader in the design, manufacture, integration, service of distributed energy resources, power generation equipment and mobile electric charging solutions for applications in the utility, industrial and commercial markets. To learn more about Pioneer, please visit its website at www.pioneerpowersolutions.com.

e-Boost is Pioneer's portfolio of smart, mobile EV charging solutions that is revolutionizing the industry with its speed, flexibility, and sustainability. Since its launch in November 2021, e-Boost has established itself as the market leader, delivering mobile, off-grid charging solutions with unparalleled lead times and an extensive range of platforms. Trusted by electric bus and truck manufacturers, fleet management companies, municipalities, and EV infrastructure providers, e-Boost is setting the standard for innovative, all-inclusive EV charging solutions. To learn more about Pioneer's e-Boost, please visit its website at www.pioneer-emobility.com

**Forward-Looking Statements:**

This press release contains "forward-looking statements" within the meaning of the federal securities laws. Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) the Company's ability to successfully operate its business after the divestiture of its E-Bloc business, (ii) the Company's ability to successfully increase its revenue and profit in the future, (iii) general economic conditions and their effect on demand for electrical equipment, (iv) the effects of fluctuations in the Company's operating results, (v) the fact that many of the Company's competitors are better established and have significantly greater resources than the Company, (vi) the Company's dependence on two customers for a large portion of its business, (vii) the potential loss or departure of key personnel, (viii) unanticipated increases in raw material prices or disruptions in supply, (ix) the Company's ability to realize revenue reported in the Company's backlog, (x) future labor disputes, (xi) changes in government regulations, (xii) the liquidity and trading volume of the Company's common stock, (xiii) an outbreak of disease, epidemic or pandemic, such as the global coronavirus pandemic, or fear of such an event, (xiv) risks associated with litigation and claims, which could impact our financial results and condition, and (xv) the Company's ability to maintain compliance with the continued listing requirements of the Nasdaq Capital Market.

More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the U.S. Securities and Exchange Commission ("SEC"), including the Company's Annual and Quarterly Reports on Form 10-K and Form 10-Q, respectively. Investors and security holders are urged to read these documents free of charge on the SEC's web site at <u>www.sec.gov</u>. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

**Contact:**

Brett Maas, Managing Partner

Hayden IR

(646) 536-7331

<u>brett@haydenir.com</u>