SUNation Energy, Inc. (SUNE): Nasdaq/NYSE listing notice — Pineapple Energy receives Nasdaq delisting notice; stock under $0.10 for 10 consecutive days

SUNation Energy, Inc.

Nasdaq Staff determined to delist PEGY effective March 7, 2024, due to bid price at or below $0.10 for 10 consecutive trading days (Feb 12–Feb 26, 2024).
Company requested a hearing before Nasdaq Hearings Panel, scheduled for April 30, 2024, staying delisting pending final decision.
Company had previously received a notice in October 2023 for non-compliance with $1.00 minimum bid price rule; cure period expires April 24, 2024.
No assurance that the Panel will grant relief or that the Company can regain compliance.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.82

SUNation Energy, Inc. received a nasdaq noncompliance notice notice regarding late filing (rules 5550(a)(2), 5810(c)(3)(A)(iii), 5800).

Exchange: nasdaq
Notice: noncompliance notice
Deficiency: late filing
Rules: 5550(a)(2), 5810(c)(3)(A)(iii), 5800

Exact text from the filing

April 24, 2024, to regain compliance with the Minimum Bid Price Rule. On February 27, 2024, the Staff issued another notice (the "February Notice") notifying the Company that the Company's common stock had a closing bid price of $0.10 or less for 10 consecutive trading days (February 12, 2024 to February 26, 2024). Accordingly, the Company is subject to the provisions contemplated under Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the "Low Priced Stock Rule"). As a result, the Staff has determined to delist the Company's securities from Nasdaq effective as of the opening of business on March 7, 202

View on SEC.gov

Browse all listing & compliance notices →

SUNation Energy, Inc. filing history →

Source: SEC EDGAR

accession 0000897101-24-000091

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.