---
schema_version: "secwatch.filing_event.v1"
accession: "0000897101-22-000606"
form_type: "8-K"
ticker: "SUNE"
cik: "0000022701"
company_name: "SUNation Energy, Inc."
filed_at: "2022-06-15T23:59:59+00:00"
generated_at: "2026-06-25T01:44:21.779157+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000897101-22-000606
- form_type: 8-K
- ticker: SUNE
- cik: 0000022701
- company_name: SUNation Energy, Inc.
- filed_at: 2022-06-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/22701/000089710122000606/0000897101-22-000606-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22701/000089710122000606/pegy220770_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897101-22-000606
- JSON: https://secwatch.observer/filing/0000897101-22-000606.json
- Plain text: https://secwatch.observer/filing/0000897101-22-000606.txt

## Key facts
- Executive change
  Mark Fandrich departed as Chief Financial Officer at SUNation Energy, Inc..
  - Action: resigning
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/22701/000089710122000606/0000897101-22-000606-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.