Pineapple Energy gets Nasdaq extension to July 24; must approve reverse split by July 1

SUNation Energy, Inc.

Nasdaq granted extension to regain minimum bid compliance until July 24, 2024.
Conditions: shareholder approval of reverse stock split by July 1, effect by July 11, $1 close for 10 consecutive days.
Annual meeting set for July 1, 2024; record date May 15, 2024.
Failure to meet extension terms could result in immediate delisting from Nasdaq.
Reverse stock split proposal was not approved at April 12 special meeting.

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