Zeo Energy to acquire residential solar assets from bankrupt Lumio for $4M cash and 6.2M shares

Zeo Energy Corp.

Acquires uninstalled solar contracts, inventory, IP from Lumio Holdings (Chapter 11) for $4M cash + 6.2M shares.
Subscription Agreement: sells 1.87M shares at $1.45/sh ($2.72M) to LHX Intermediate with board seat and registration rights.
Transaction contingent on Bankruptcy Court order and other conditions; share purchase closes concurrently.
Lumio Holdings filed Chapter 11 on Sept 3, 2024 in Delaware Bankruptcy Court.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.