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0.0862619808306709 0.073482428115016 0.125015974440894 0.118210862619808 0.060702875399361 0.0159744408945686 -0.0324920127795527 -0.0543130990415335
Stock impact report

Pineapple Energy Announces Distribution to Contingent Value Rights Holders

Pineapple Energy Inc. (PEGY) 
Company Research Source: GlobeNewswire
RONKONKOMA, N.Y., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (Nasdaq: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced that it will distribute to the holders of its non-transferable Contingent Value Rights (“CVRs”) a payment of $850,269, or $0.35 per CVR. “Since taking the helm, one of our top priorities has been honoring the trust of our investors. Making good on our commitments means meeting our obligations to CSI shareholders through these CVR distributions,” said Scott Maskin, Interim Chief Executive Officer. “Our new leadership team continues to author a new future for Pineapple Energy, with a focus on elevating our corporate governance, properly aligning our cost structure, creating a new corporate culture, and refining our strategy to most effectively and efficiently address the significant long-term market opportuni Show less Read more
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