Pineapple Energy sells HQ for $6.5M cash; CFO Mark Fandrich to resign

SUNation Energy, Inc.

Sold Minnetonka headquarters to Buhl Investors for $6.5M cash; net proceeds to CVR holders by July 30, 2022.
Simultaneously entered 5-year lease for ~8,500 sq ft of the building, with 5-year renewal option.
CFO Mark Fandrich resigns effective Q2 10-Q filing date (anticipated Aug 12, 2022); will assist with Q2 filings and legacy asset sale.
Board to initiate search for new CFO; Fandrich to remain in role until effective date.
CEO notes sale completes post-merger transition and benefits Pineapple with attractive lease terms.

item 2.01 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Mark Fandrich

Chief Financial Officer

SUNE · SUNation Energy, Inc.

Effective: 2022-08-12
Filed: June 15, 2022, 7:59 PM ET

Mark Fandrich would be resigning from his position as Chief Financial Officer, effective on the date the Company files its second quarter Form 10-Q (the "Effective Date"), which is currently anticipated to be August 12, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark Fandrich departed as Chief Financial Officer at SUNation Energy, Inc..

Action: resigning
Role: Chief Financial Officer

Exact text from the filing

Mark Fandrich would be resigning from his position as Chief Financial Officer, effective on the date the Company files its second quarter Form 10-Q (the "Effective Date"), which is currently anticipated to be August 12, 2022.

View on SEC.gov

SUNation Energy, Inc. filing history →

Source: SEC EDGAR

accession 0000897101-22-000606

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.