Source-grounded facts extracted from SUNation Energy, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
SUNation Energy, Inc. amended Long-Term Promissory Note (effective 2026-04-14).
“On April 14, 2026, the Board of Directors approved entry into a "Debt Conversion Agreement" in connection with the conversion of up to $1,200,000 of debt payable under the Long-Term Note into shares of restricted common stock”
SUNation Energy, Inc. amended Line of Credit Agreement with MBB Energy, LLC valued at increase the aggregate dollar capacity ... from a previous total of $1,000,000 to a new aggregate to (effective 2026-04-14).
“On April 14, 2026, the Board of Directors of the Company agreed to amend the Line of Credit Agreement and the Line of Credit Note in two principal respects: (i) to extend the Maturity Date by six (6) months to October 15, 2026”
SUNation Energy, Inc. amended senior notes of $5,486,000 maturing May 1, 2028.
“the Long-Term Note was amended and restated whereby the principal amount of $5,486,000 previously due and payable under the original Long-Term Note, together with all accrued and unpaid interest owing thereunder, became due and payable on May 1, 2028, and such amended note became a senior secured instrument of the Company”
SUNation Energy, Inc. amended revolving credit of increased Line of Credit Capacity to a new aggregate total of $1,500,000 with MBB Energy, LLC maturing October 15, 2026.
“to extend the Maturity Date by six (6) months to October 15, 2026 (“New Maturity Date”), and (ii) to increase the aggregate dollar capacity of the Line of Credit Agreement by fifty percent from a previous total of $1,000,000 to a new aggregate total of $1,500,000”
SUNation Energy, Inc. incurred revolving credit of up to an aggregate principle amount $1,000,000 with MBB Energy, LLC at 8% maturing one (1) year.
“the Company may request one or more loans of up to an aggregate principle amount $1,000,000 under this line of credit for a period of one (1) year (the “Term”) from the date or entry. Any loans drawn by the Company under this line of credit facility will carry interest on an annualized basis of 8%”
SUNation Energy, Inc. entered into Sales Agreement with Maxim Group, LLC valued at up to $3,599,586 (effective 2026-04-08).
“On April 8, 2026, SUNation Energy, Inc. (“SUNation” or the “Company”) entered into a Sales Agreement (the “Sales Agreement”) with Maxim Group, LLC (“Maxim” or the “Sales Agent”).”
SUNation Energy, Inc. incurred revolving credit of Borrowings under the Revolver bear interest at a fixed annual rate of 8%, payable monthly in arrears. Prior to drawing o with MBB Energy, LLC at fixed annual rate of 8% maturing Not specified.
“In connection with the elimination of the long-term promissory note, the Company utilized its existing $1 million secured revolving line of credit facility established in April 2025 (the “Revolver”) with MBB Energy, LLC (“MBB”), which is an affiliate and related party of the Company by virtue of MBB being an entity controlled by Scott Maskin, our chief executive officer. Borrowings under the Revolver bear interest at a fixed annual rate of 8%, payable monthly in arrears on the first day of each calendar month. The Company may repay outstanding borrowings at any time without penalty. Prior to drawing on this facility in January 2026, no amounts had been drawn on the Revolver.”
SUNation Energy, Inc. amended loan of Remaining principal balance of approximately $1.1 million eliminated via lump-sum settlement payment of $800,000, reduci with Former shareholder of SUNation Solar Systems at Unknown maturing March 1, 2031.
“On January 30, 2026, the Company reached agreement with former shareholder to eliminate the promissory note. Prior to reaching this settlement, the promissory note carried remaining principal balance of approximately $1.1 million and required monthly payments of approximately $25,000 through the contractual maturity date of March 1, 2031. To eliminate the long-term promissory note, significantly reduce this remaining multi-year obligation and improve financial flexibility, the Company negotiated a one-time lump-sum settlement payment of $800,000, which payment was made on January 30, 2026.”
SUNation Energy, Inc. engaged CBIZ CPAs P.C. as its auditor.
“On July 18, 2025, the Audit Committee approved the engagement of CBIZ CPAs P.C. (“CBIZ”) as its new independent registered public accounting firm.”
SUNation Energy, Inc. dismissed UHY LLP as its auditor.
“On July 18, 2025, the Audit Committee of the Board of Directors (the “Audit Committee”) of SUNation Energy, Inc. (the “Company”) dismissed UHY LLP (“UHY”) as the Company’s independent registered public accounting firm.”
SUNation Energy, Inc. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).
“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.”
James Brennan was appointed as Chief Financial Officer at SUNation Energy, Inc..
“On March 5, 2025, following Mr. Childs’ resignation, the Company’s Board of Directors appointed James Brennan to fill the role of Chief Financial Officer of the Company, effective immediately, which shall be in addition to his role serving as the Chief Operating Officer.”
Andrew Childs resigned as interim Chief Financial Officer at SUNation Energy, Inc..
“On March 3, 2025, Andrew Childs, our interim Chief Financial Officer, informed SUNation Energy, Inc. (the “Company”) and its Board of Directors (the “Board”) of his intention to resign as the interim Company’s Chief Financial Officer, effective at the close of business on March 6, 2025.”
Andrew Childs was appointed as Chief Financial Officer at SUNation Energy, Inc..
“Effective August 28, 2024, Andrew Childs was appointed as Chief Financial Officer (“CFO”) of Pineapple Energy Inc., (the “Company”).”
Spring Hollis was appointed as director at SUNation Energy, Inc..
“On August 22, 2024, the Board appointed Spring Hollis to serve as a director of the Company, effective on such date, to fill the vacancy disclosed above created by the resignation of Mr. Honour.”
Thomas J. Holland resigned as director at SUNation Energy, Inc..
“On August 23, 2024, Thomas J. Holland informed the Company of his decision to resign from the Board, effective immediately.”
Scott Honour resigned as director at SUNation Energy, Inc..
“Scott Honour informed Pineapple Energy Inc. (the "Company") of his decision to resign from the Board of Directors (the "Board"), effective as of the date a successor director was appointed, which was August 22, 2024, as described below.”
Henry B. Howard was appointed as Director at SUNation Energy, Inc..
“On July 8, 2024, the Board appointed Kevin O’Connor and Henry B. Howard to serve as directors of the Company beginning July 8, 2024, to fill the vacancies disclosed above created by the resignations of Ms. Alder and Mr. Sampson.”
Kevin O'Connor was appointed as Director at SUNation Energy, Inc..
“On July 8, 2024, the Board appointed Kevin O’Connor and Henry B. Howard to serve as directors of the Company beginning July 8, 2024, to fill the vacancies disclosed above created by the resignations of Ms. Alder and Mr. Sampson.”
Randall D. Sampson resigned as Director at SUNation Energy, Inc..
“On July 3, 2024, Randall D. Sampson informed the Company of his decision to resign from the Board effective as of July 3, 2024.”
Marilyn S. Adler resigned as Director at SUNation Energy, Inc..
“On July 2, 2024, Marilyn S. Adler informed the Company of her decision to resign from the Board effective as of July 2, 2024.”
Eric Ingvaldson resigned as Chief Financial Officer at SUNation Energy, Inc..
“On July 1, 2024, Eric Ingvaldson informed Pineapple Energy Inc. (the “Company”) of his decision to resign as Chief Financial Officer of the Company, effective August 30, 2024.”
James R. Brennan was appointed as Chief Operating Officer at SUNation Energy, Inc..
“On May 28, 2024, the Board of Directors of Pineapple Energy Inc. (the “Company”) appointed James R. Brennan as the Company’s Chief Operating Officer , effective May 28, 2024.”
Scott Maskin was appointed as Interim Chief Executive Officer at SUNation Energy, Inc..
“The Company’s Board of Directors has appointed Scott Maskin as the Company’s Interim Chief Executive Officer , effective May 17, 2024.”
Kyle Udseth resigned as Chief Executive Officer at SUNation Energy, Inc..
“On May 17, 2024, Kyle Udseth informed Pineapple Energy Inc. (the “Company”) of his decision to resign as Chief Executive Officer and as a director of the Company, effective May 17, 2024.”
SUNation Energy, Inc.: Filed a Certificate of Designation designating rights, preferences, privileges, and restrictions of a new series of Preferred Stock (effective 2024-05-13).
“On May 13, 2024, the Company filed a certificate of designation (the “Certificate of Designation”) with the Secretary of State of Minnesota, effective as of May 13, 2024, designating the rights, preferences, privileges and restrictions of the share of the Preferred Stock.”
SUNation Energy, Inc. entered into Subscription Agreement with Lake Street Solar, LLC valued at $15 cash (effective 2024-05-13).
“On May 13, 2024, Pineapple Energy Inc. (the “Company”) entered into a Subscription and Investment Representation Agreement (the “Subscription Agreement”) with Lake Street Solar, LLC (the “Purchaser”), a former holder of more than ten percent of the Company’s common stock and an affiliate of Scott Honour, a director of the Company, pursuant to which the Company agreed to issue and sell one (1) share of the Company’s Series B Preferred Stock, par value $1.00 per share (the “Preferred Stock”), to the Purchaser for $15 cash.”
SUNation Energy, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
“May 16, 2024, Pineapple Energy Inc. (the “Company”) received a notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market informing the Company that it no longer complies with the requirement under Nasdaq Listing Rule 5550(b)(1) to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing on the Nasdaq Capital Market (the “Stockholders’ Equity Rule”) because the Company reported stockholders’ equity of negative $11.2 million in its Form 10-Q for the period ended March 31, 2024, and, as of the date of the Notice, the Company di”
SUNation Energy, Inc. reported the first quarter ended March 31, 2024 results: revenue $13,219,197, net income $1,202,651, EPS ($0.26).
“declined to $30M as of May 1, 2024, down from $36M as of December 31, 2023 First Quarter 2024 Results from Continuing Operations 1 1 st Quarter 2024 1 st Quarter 2023 Revenue $13,219,197 $22,065,424 Gross Profit $4,805,448 $8,006,315 Operating Expense $6,988,402 $10,155,841 Operating Loss $(2,182,954) ($2,149,526) Other Income (Expense) $3,391,767 ($444,414)”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.