secwatch.observer — SEC 8-K summary
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Issuer:     SUNation Energy, Inc. (SUNE)
CIK:        0000022701
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0000897101-24-000091
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22701/000089710124000091/0000897101-24-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22701/000089710124000091/pegy240248_8k.htm
  HTML page:      https://secwatch.observer/filing/0000897101-24-000091

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