SUNation Energy, Inc. (SUNE): Nasdaq/NYSE listing notice — SUNation retains Nasdaq listing after panel finds no violation of bid price or public interest rules

SUNation Energy, Inc.

Nasdaq Hearing Panel ruled June 10, 2025 that SUNation is not in violation of Listing Rules 5100 (public interest) and 5550(a)(2) (bid price).
Company had received non-compliance letters in April and May 2025 for bid price deficiency and delisting concerns; hearing held May 27, 2025.
By the hearing date, SUNE had maintained minimum $1.00 bid price for 25 consecutive days and continues to comply.
Panel closed the matter; CEO Scott Maskin expressed confidence in business and 2025 outlook.

item 3.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

SUNation Energy, Inc. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

June 10, 2025, the Company received the Nasdaq Hearing Panel’s decision in which it notified the Company that it did not find the Company to be in violation of Listing Rules 5100 and 5550(a)(2), the “Public Interest Concern” and “Bid Price Rule”, respectively. Accordingly, the June 10, 2025 letter further provided that the Company is deemed to be in full compliance with the applicable Nasdaq Listing Rules, and that the above-referenced matter was closed.

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SUNation Energy, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-054494

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