Pineapple Energy Announces Previously Approved Reverse Stock Split, Effective October 17, 2024
Pineapple Energy Inc. (PEGY)
Company Research
Source: GlobeNewswire
RONKONKOMA, N.Y., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (the “Company”) (NASDAQ: PEGY) announced today that effective at 12:01 a.m. Central Time on October 17, 2024, the Company will implement a 1-for-50 reverse stock split of its outstanding common stock, which is within the range approved by stockholders at the annual meeting of the Company's shareholders held on July 19, 2024. The Company’s common stock will continue to trade under the symbol “PEGY” and it is expected to open for trading on Nasdaq on October 17, 2024 on a post-split basis. The new CUSIP number for the common stock following the reverse stock split will be 72303P404. The reverse stock split is primarily intended to increase the market price per share of the Company’s common stock to regain compliance with the minimum bid price required for continued listing on The Nasdaq Capital Market. Upon the effectiveness of the reverse stock split, every 50 shares of issued and outstanding Company common s
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PEGY
News
- Pineapple Energy Announces Corporate Name Change to SUNation Energy, Inc., and New Ticker Symbol [Yahoo! Finance]Yahoo! Finance
- Pineapple Energy Announces Corporate Name Change to SUNation Energy, Inc., and New Ticker SymbolGlobeNewswire
- Pineapple Energy Regains Compliance With Nasdaq Minimum Bid Price Requirements [Yahoo! Finance]Yahoo! Finance
- Pineapple Energy Regains Compliance With Nasdaq Minimum Bid Price RequirementsGlobeNewswire
- Pineapple Energy Shareholders Overwhelmingly Approve Incorporation to Delaware and New Corporate Name Change to SUNation Energy, Inc. [Yahoo! Finance]Yahoo! Finance
PEGY
Earnings
- 5/9/24 - Miss
PEGY
Sec Filings
- 11/19/24 - Form 8-K
- 11/14/24 - Form 10-Q
- 11/8/24 - Form SC
- PEGY's page on the SEC website