Pineapple Energy (PEGY) Regains Nasdaq Compliance
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Pineapple Energy Regains Compliance With Nasdaq Equity Listing Rule
July 31, 2024 4:05 PM EDTRONKONKOMA, N.Y., July 31, 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 equity requirements. Â
Pineapples newly regained compliance relates to Listing Rule 5550(b)(1), also known commonly as the Equity Rule, which requires for companies listed on the Nasdaq Capital Market to maintain stockholders' equity of at least $2,500,000. As part of the issuance of compliance by Nasdaq, the Company will be subject to a Mandatory Panel... More
