NMAD, US5393193017

NOMAD Power Solutions stock gained 6.74 percent on October 2

Published on 10/04/2026 at 17:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NOMAD Power Solutions stock faces an October 30 vote after its October 2 meeting was adjourned. Revenue reached USD 9.4 million in fiscal year 2025, up from USD 2.3 million.

NMAD, US5393193017, Illustration mit AI erstellt.

NOMAD Power Solutions stock (ISIN US5393193017) was last at USD 4.12 on Nasdaq on October 2, 2026, up 6.74 percent from the prior close. The company adjourned its special meeting and scheduled it to reconvene on October 30, 2026, according to GlobeNewswire on October 2, 2026.

October 30 becomes the next test

The reconvened meeting will begin at 1:00 p.m. ET and will address the same proposals as the October 2 session. The company said the adjournment gives it additional time to finalize its Nasdaq listing filing connected with the completed merger with NOMAD Transportable Power Systems.

For shareholders, the date links corporate approval work with the listing process. The board continues to recommend that investors vote for the proposals, while the meeting remains a concrete checkpoint for the post-merger structure.

Revenue growth meets financing pressure

NOMAD's disclosed operating history shows fiscal year 2025 revenue of USD 9.4 million, compared with USD 2.3 million in fiscal year 2024. Fidelity reported that the increase accompanied expanded commercial activity and product deliveries.

The latest financing adds a counterweight to that growth story. A September 28, 2026 filing described a secured promissory note with USD 6.57 million of principal and USD 6.0 million in gross proceeds, according to StockTitan.

Stock stays below its yearly high

The October 2 quote places the stock between its Nasdaq 52-week low of USD 2.36 and high of USD 8.38. Market capitalization stood at USD 50.9 million, while trading volume reached 140,062 shares on the same session.

The distance between the USD 4.12 price and the USD 8.38 yearly high keeps the market valuation sensitive to execution. NOMAD's transportable battery systems, merger integration and access to additional financing are therefore central variables for the next phase.

October 2 price move sets the reference

NOMAD Power Solutions stock was last at USD 4.12 on Nasdaq on October 2, 2026, with a 6.74 percent daily gain and a session range of USD 3.85 to USD 4.19.