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.
iSun Inc (ISUN) is a leader in solar energy innovation, specializing in modular solar carports and sustainable infrastructure solutions. This page aggregates all company announcements and market developments for stakeholders tracking renewable energy advancements.
Access official press releases covering earnings reports, strategic partnerships, and product innovations, alongside curated analysis of industry trends impacting ISUN's operations. Investors will find essential updates on engineering milestones, deployment projects, and sustainability initiatives.
Key content includes regulatory filings, leadership updates, and technology breakthroughs in solar carport design. Bookmark this resource for real-time insights into ISUN's market position and renewable energy sector contributions.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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iSun announces strategic partnership with Cleantech Industry Resources
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iSun, Inc. (NASDAQ: ISUN) will participate in investor events this month, including the H.C. Wainwright 25th Annual Global Investment Conference and RE+ conference.
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ISUN INC
Nasdaq:ISUN
ISUN Rankings
ISUN Stock Data
5.21M
47.39M
97.22%
11.03%
3.82%
Solar
Semiconductors & Related Devices
United States
WILLISTON