SUNation Energy (SUNE) announced that, by a decision dated June 10, 2025, the Nasdaq Hearings Panel made a finding that the Company is not in violation of Nasdaq Listing Rules 5100 and 5550(a)(2), the “Public Interest Concern” and “Bid Price Rule”, respectively, which were the bases of the non-compliance and delisting notices previously provided to and disclosed by the Company. Accordingly, the Company is deemed to be in full compliance with the applicable Nasdaq Listing Rules, and the Panel granted the Company’s request for continued listing on The Nasdaq Stock Market and is closing this matter. “We appreciate Nasdaq’s thoughtful and considered view of this matter and are very pleased to maintain our listing on Nasdaq,” said Scott Maskin, Chief Executive Officer. “We remain confident in the strength of our business, the scope of opportunities ahead of us, and our outlook for 2025.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SUNE:
- Pineapple Holdings, Inc. Earnings Call Highlights Mixed Sentiments
- SUNation Energy Reports Q1 2025 Earnings and Future Outlook
- SUNation Energy announces $1M line of credit
- SUNation Energy restructures $5.5M of long-term debt
- SUNation Energy signs separate LOI with ESG for over 2.35 MWs of solar power
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue