Pineapple Energy (PEGY) Prices 2.7M Share Offering at $0.37/sh
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Pineapple Energy Prices $1.0 Million Registered Direct Offering of Common Stock
February 5, 2024 8:00 AM ESTMINNETONKA, Minn., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (Pineapple or the Company), a leading provider of sustainable solar energy and back-up power to households and small businesses, today announced it has entered into a definitive agreement with investors for the purchase and sale of 2,702,703 shares of the Companys common stock at a purchase price of $0.37 per share in a registered direct offering. The gross proceeds to Pineapple from the offering are expected to be approximately $1.0 million, before deducting placement agent fees and other offering expenses payable by... More
