---
schema_version: "secwatch.filing_event.v1"
accession: "0000897101-24-000091"
form_type: "8-K"
ticker: "SUNE"
cik: "0000022701"
company_name: "SUNation Energy, Inc."
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T05:04:36.839654+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Pineapple Energy receives Nasdaq delisting notice; stock under $0.10 for 10 consecutive days

## Summary
- 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.

## SEC filing metadata
- accession: 0000897101-24-000091
- form_type: 8-K
- ticker: SUNE
- cik: 0000022701
- company_name: SUNation Energy, Inc.
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/22701/000089710124000091/0000897101-24-000091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22701/000089710124000091/pegy240248_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897101-24-000091
- JSON: https://secwatch.observer/filing/0000897101-24-000091.json
- Plain text: https://secwatch.observer/filing/0000897101-24-000091.txt

## Key facts
- Listing & Compliance Notices
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/22701/000089710124000091/0000897101-24-000091-index.htm

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