Pineapple Energy (PEGY) Regains Nasdaq Compliance

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Pineapple Energy Regains Compliance With NASDAQ Bid Price Listing Rule

July 18, 2024 4:05 PM EDT

MINNETONKA, Minn., July 18, 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, has regained compliance with NASDAQs bid price requirement.  

Pineapples compliance relates to Listing Rule 5550(a)(2), also known commonly as the Bid Price Rule, which calls for companies to have their stock price consistently above $1.00 US.

Ensuring compliance with bid pricing has been a cornerstone priority of Pineapples management team, Scott Maskin, interim CEO of Pineapple... More