Pineapple Energy (PEGY) Announces 1:15 Reverse Share Split
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Pineapple Energy Announces 1-for-15 Reverse Stock Split Effective June 12, 2024
June 10, 2024 7:00 AM EDTMINNETONKA, Minn., June 10, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (the Company) (NASDAQ: PEGY) announced today that effective at 12:01 a.m. Central Time on June 12, 2024, the Company will implement a 1-for-15 reverse stock split of its outstanding common stock. The Companys common stock will continue to trade under the symbol PEGY and it is expected to open for trading on Nasdaq on June 12, 2024 on a post-split basis.
The reverse stock split is primarily intended to increase the market price per share of the Companys common stock to regain compliance with the continued... More
