Pineapple Energy enters limited waiver reallocating share reserves from warrants to preferred conversion

SUNation Energy, Inc.

On May 17, 2024, Pineapple Energy (PEGY) entered a Limited Waiver with Series A Preferred holders to reallocate share reserves.
Holders waive company's obligation to reserve shares for warrant exercises, provided shares are reserved for preferred stock conversion.
Waiver addresses limited authorized common shares available for conversion of Series A Convertible Preferred Stock.
Company to file 8-K disclosing material terms by May 22, 2024; confidentiality obligations terminate upon filing.

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