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 EDTMINNETONKA, 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. Â
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
