Zeo Energy Corp. and Lumio Complete Sale Transaction
Zeo Energy Corporation - Class A (ZEO)
Company Research
Source: GlobeNewswire
Zeo Energy Acquires Substantially All of Lumio’s Assets Transaction is Expected to Position Zeo Energy for Enhanced Market Presence and Expansion NEW PORT RICHEY, Fla. and LEHI, Utah, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO) ( “Zeo Energy”, or the “Company”), a leading Florida-based provider of residential solar and energy efficiency solutions, today announced that it has completed the acquisition of substantially all of the assets (the “Sale Transaction”) of Lumio Holdings, Inc. (“Lumio”), another residential solar company. On September 3, 2024, Lumio filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (“the Court”). The Sale Transaction was approved by the Court on November 1, 2024. Tim Bridgewater, CEO of Zeo Energy, said, “We believe this transaction marks a significant step forward for Zeo Energy that will enable us to expand our scale and market presence
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ZEO
Sec Filings
- 11/19/24 - Form SC
- 11/14/24 - Form NT
- 11/14/24 - Form 8-K
- ZEO's page on the SEC website