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iSun Inc. Announces Adjournment of 2023 Special Meeting of Stockholders

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iSun Inc. (NASDAQ: ISUN) has announced the adjournment of its Special Meeting of Stockholders, initially scheduled for January 24, 2023, to January 31, 2023, at 2:00 PM ET. The delay allows the company to solicit additional proxy votes.

With 50 years of experience, iSun focuses on accelerating the adoption of solar energy and clean mobility infrastructure, providing comprehensive solar services across various sectors. The company emphasizes its commitment to profitable growth and renewable energy investment.

Positive
  • The adjournment of the Special Meeting allows for increased proxy solicitation, potentially improving shareholder participation.
  • iSun has a long track record of 50 years in electrification technology and solar services, indicating strong industry expertise.
  • The company focuses on profitable growth opportunities in the renewable energy sector.
Negative
  • The need to adjourn the Special Meeting may indicate challenges in securing sufficient shareholder support.

WILLISTON, Vt.--(BUSINESS WIRE)-- iSun Inc. (NASDAQ: ISUN) (the “Company,” or “iSun”), a leading solar energy and clean mobility infrastructure company with 50-years of experience accelerating the adoption of innovative electrical technologies, today announced that the Special Meeting of Stockholders which was scheduled for yesterday, January 24, 2023 was adjourned to provide additional time for the Company to solicit additional proxies. The 2023 Special Meeting of Stockholders will now be held on Tuesday, January 31, 2023, beginning at 2:00 P.M (Eastern Time).

About iSun Inc.

Since 1972, iSun has accelerated the adoption of proven, life-improving innovations in electrification technology. iSun has been the trusted service provider to Fortune 500 companies for decades and has installed clean rooms, fiber optic cables, flight simulators, and over 600 megawatts of solar systems. The Company currently provides a comprehensive suite of solar services across residential, commercial, industrial & municipal, and utility scale projects and provides solar electric vehicle charging solutions for both grid-tied and battery backed solar EV charging systems. iSun believes that the transition to clean, renewable solar energy is the most important investment to make today and is focused on profitable growth opportunities. Please visit www.isunenergy.com for additional information.

Forward Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, effective tax rate, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.

The forward-looking statements included in this press release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the risk factors described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.

All forward-looking statements included in this press release are based on information currently available to us, and we assume no obligation to update any forward-looking statement except as may be required by law.

iSun Investor Relations

IR: IR@isunenergy.com

Source: iSun Inc.

FAQ

When is the rescheduled Special Meeting of iSun Inc. stockholders?

The Special Meeting of iSun Inc. stockholders is rescheduled for January 31, 2023, at 2:00 PM ET.

Why was the Special Meeting of iSun Inc. stockholders adjourned?

The meeting was adjourned to allow the company more time to solicit additional proxies.

What is the main focus of iSun Inc.?

iSun Inc. specializes in solar energy and clean mobility infrastructure, providing various solar services.

How long has iSun Inc. been in operation?

iSun Inc. has been in operation for 50 years, focusing on electrification technology.

What is the stock symbol for iSun Inc.?

The stock symbol for iSun Inc. is ISUN.

ISUN INC

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