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iSun, Inc. - $ISUN STOCK NEWS

Welcome to our dedicated page for iSun news (Ticker: $ISUN), a resource for investors and traders seeking the latest updates and insights on iSun stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect iSun's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of iSun's position in the market.

Rhea-AI Summary
iSun, Inc. announced the rescission of the previously approved reverse stock split, citing market conditions and financial performance outlook. The Board of Directors believes this decision is in the best interest of the company and its shareholders. CEO Jeff Peck emphasized the commitment to shareholder value and transparency. The company's outstanding shares will remain unaffected by the split, allowing iSun to focus on its core business objectives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3563.83%
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News
Rhea-AI Summary
iSun, Inc. (NASDAQ: ISUN) announced a 1-for-20 reverse stock split of its Common Stock to regain compliance with the Nasdaq Capital Market's minimum bid price requirement. The split will be effective on April 26, 2024, with the objective of increasing the share price to meet the $1.00 per share threshold.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-36.91%
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-
Rhea-AI Summary
iSun, Inc. announces a strategic restructuring of its executive team, appointing Jeff Peck as CEO and Rob Vanderbeek as Interim CFO. The company aims to drive innovation, enhance operational efficiency, and ensure sustained performance in the evolving market. Peck's appointment follows the relinquishment of the CEO role by Mr. Zulkoski, showcasing a commitment to growth and leadership in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
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none
Rhea-AI Summary
iSun, Inc. appoints Robert J. Zulkoski as the new Chief Executive Officer, with Jeff Peck transitioning to a strategic advisory role. The company praises Peck's leadership in expanding the business. Zulkoski's expertise is expected to drive iSun's growth and success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.39%
Tags
management
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Rhea-AI Summary
iSun, Inc. (NASDAQ: ISUN) and Next2Sun Mounting Systems GmbH are collaborating to establish Next2Sun's vertical agrivoltaics system in the USA, starting with a project in Vermont in early 2024. The project aims to implement a vertical agrivoltaics system that allows the production of solar power during low availability periods without overbuilding agricultural land. This collaboration is supported by the German Federal Ministry for Economic Affairs and Climate Action as part of the Renewable Energy Solutions Programme of the German Energy Solutions Initiative.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.85%
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none
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News
Rhea-AI Summary
iSun, Inc. (NASDAQ: ISUN) announced the closing of an $8.0 million senior secured loan with Decathlon Capital Partners to refinance the prior senior secured convertible facility, avoiding equity dilution. The debt service payments track the Company’s revenue growth, making it an ideal funding instrument at this stage of the company’s life. The funds will be utilized for the retirement of existing Senior Secured Convertible Notes, working capital, and transaction fees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
35.2%
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none
Rhea-AI Summary
iSun, Inc. (NASDAQ: ISUN) reported Q3 2023 revenues of $27.9 million, a 47% increase from Q3 2022, driven by higher demand in commercial and industrial division. The company also reaffirmed expectations for a total revenue of $95-100 million in 2023, a 24-31% increase over 2022. Additionally, iSun signed a term sheet for a non-dilutive $8 term loan.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.39%
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Rhea-AI Summary
iSun, Inc. (NASDAQ: ISUN) will release its financial results for Q3 and nine months ended September 30, 2023, on November 14, 2023. A conference call to discuss the results will be held at 8:30 AM ET. The live webcast can be accessed through the Company’s Investor Relations website at investors.isunenergy.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
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Rhea-AI Summary
iSun announces strategic partnership with Cleantech Industry Resources
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.74%
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partnership
Rhea-AI Summary
iSun, Inc. (NASDAQ: ISUN) will participate in investor events this month, including the H.C. Wainwright 25th Annual Global Investment Conference and RE+ conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.66%
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conferences
iSun, Inc.

Nasdaq:ISUN

ISUN Rankings

ISUN Stock Data

6.30M
29.71M
8.86%
11.8%
1.35%
Water and Sewer Line and Related Structures Construction
Construction
Link
United States of America
WILLISTON

About ISUN

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