other material
confidence high
sentiment neutral
materiality 0.60
Pineapple Energy implements 1-for-15 reverse stock split effective June 12, 2024
SUNation Energy, Inc.
- Reverse stock split ratio 15:1 effective June 12, 2024; no fractional shares issued, cash in lieu.
- Authorized common shares reduced proportionally to 7,500,000 from prior 112,500,000.
- Common stock continues trading on Nasdaq (PEGY); CUSIP changed to 72303P107.
- Equity awards and shares reserved under compensation plans adjusted proportionally.