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0.0148955223880597 0.00895522388059709 0.00895522388059709 0.00597014925373135 -0.00537313432835815 -0.1 -0.107462686567164 -0.13134328358209
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Pineapple Energy Announces Distribution to Contingent Value Rights Holders [Yahoo! Finance]

Pineapple Energy Inc. (PEGY) 
Company Research Source: Yahoo! Finance
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 opportunities we believe exist in our industry.” Pursuant to the merger of Communications Systems Inc. (CSI) and Pineapple, which was completed on Marc Show less Read more
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