From GlobeNewswire: 2025-04-16 09:15:00

SUNation Energy, Inc. approved a 200-for-1 reverse stock split of its common stock, effective April 21, 2025. The split aims to increase the market price per share to meet Nasdaq listing requirements. Shareholders will automatically receive one share for every 200 shares held as of April 17, 2025, with no change in par value. The total outstanding shares currently stand at 672,799,910, set to reduce to approximately 3,364,000 post-split. Shareholders with physical certificates will receive instructions for exchanging shares. Additional details can be found in the Company’s SEC filings.

SUNation Energy, Inc., a provider of solar and energy solutions, will undergo a 200-for-1 reverse stock split to boost market price compliance. Shareholders do not need to take action for post-split shares. The split will not affect authorized shares but will round fractional interests to the nearest whole share. SUNation operates in three states and aims to drive the energy transition. Forward-looking statements in the Company’s release caution about uncertainties and risks. Actual results may differ from projections due to various factors beyond management’s control. Further details are available in SEC filings.



Read more at GlobeNewswire: SUNation Energy Announces Reverse Stock Split