secwatch.observer — SEC 8-K summary
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Issuer:     SUNation Energy, Inc. (SUNE)
CIK:        0000022701
Form:       8-K
Filed at:   2024-10-04T23:59:59+00:00
Accession:  0000897101-24-000525
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Pineapple Energy receives Nasdaq delisting notice; no cure period due to panel monitor
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- Received Nasdaq letter Oct 1, 2024: bid price below $1 for 30 consecutive days ending Sep 30, 2024.
- No 180-day cure period due to mandatory panel monitor from July 18, 2024 listing decision.
- Must request hearing by Oct 8, 2024 to stay delisting; company intends to do so.
- Share consolidation approved in July 2024 may be used to regain compliance with bid price rule.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22701/000089710124000525/0000897101-24-000525-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22701/000089710124000525/pegy241055_8k.htm
  HTML page:      https://secwatch.observer/filing/0000897101-24-000525

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