---
schema_version: "secwatch.filing_event.v1"
accession: "0000897101-24-000329"
form_type: "8-K"
ticker: "SUNE"
cik: "0000022701"
company_name: "SUNation Energy, Inc."
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:24:25.073391+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pineapple Energy shareholders OK 17.8x authorized share increase and reverse split up to 1:200

## Summary
- Authorized common shares raised from 7.5M to 133,333,333 post-split; reverse split ratio 1:2 to 1:200 at board discretion.
- Series B Preferred Stock cancelled automatically for no consideration.
- Equity plan shares for issuance increased from 83,333 to 666,666 (post-split).
- Nasdaq confirms regained bid price compliance; one-year monitoring period begins; still addressing equity rule ($2.5M minimum).
- Company believes equity rule compliance achieved via reclassification of mezzanine equity; plan under review.

## SEC filing metadata
- accession: 0000897101-24-000329
- form_type: 8-K
- ticker: SUNE
- cik: 0000022701
- company_name: SUNation Energy, Inc.
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.03, 5.03, 5.01, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/22701/000089710124000329/0000897101-24-000329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22701/000089710124000329/pegy240767_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897101-24-000329
- JSON: https://secwatch.observer/filing/0000897101-24-000329.json
- Plain text: https://secwatch.observer/filing/0000897101-24-000329.txt

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