Pineapple Energy Urges Shareholders to Vote Now
Pineapple Energy, a leader in sustainable solar energy and backup power for homes and small businesses, encourages shareholders to vote in the upcoming shareholders' meeting on July 1, 2024. The company emphasizes the importance of achieving a quorum to conduct essential business matters, including the election of directors and the ratification of the independent accounting firm. Voting is open until 11:59 p.m. ET on June 30, 2024, and is important for the company's Nasdaq listing.
Shareholders of record as of May 23, 2024, can vote by following instructions received via email or mail. If materials are missing, contact your brokerage firm or Pineapple Energy's proxy solicitor. Voting can be done through proxyvote.com, by phone, or via specific instructions for users of Interactive Brokers or Robinhood.
- Pineapple Energy is taking steps to ensure shareholder participation in important business decisions.
- The company underscores the importance of maintaining its Nasdaq listing.
- Clear instructions are provided for shareholders to vote, ensuring ease of participation.
- Failure to achieve a quorum could prevent the company from holding its annual meeting.
- Potential risk to Nasdaq listing if quorum is not met.
- Shareholders who no longer own shares must still vote, which could complicate the process.
MINNETONKA, Minn., June 25, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ: PEGY) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and back-up power to households and small businesses encourages its shareholders to participate actively in the upcoming meeting of shareholders scheduled on July 1, 2024.
The Board of Directors emphasizes the importance of this shareholders’ vote, specifically so that the company can achieve quorum to hold its annual meeting. Please vote even if you no longer own the shares but were a shareholder of record on the record date of May 23, 2024.
Failure to secure quorum will result in the company being unable to hold its annual meeting which it needs to conduct important business matters such as the election of directors to the Company’s board of directors, to ratify the appointment of the Company’s independent registered public accounting firm and other matters critical to the company remaining listed on Nasdaq.
How to vote or how to change your vote:
Shareholders of record as of May 23, 2024, can vote or change their vote using the instructions in the proxy materials received via email or mail around June 10, 2024. For emailed materials, check for an email from id@proxyvote.com. It is possible this may have ended up in your junk/spam folder. If you have not received or located your proxy materials, contact your brokerage firm or similar organization for your proxy control number.
Most shareholders can vote via proxyvote.com or by calling 1-800-690-6903. Some shareholders may vote by contacting Pineapple Energy’s proxy solicitor, Morrow Sodali, at 1-877-787-9239. Interactive Brokers or Robinhood users should follow instructions from their respective brokers.
Voting will remain open until 11:59 p.m. ET on June 30, 2024.
We urge you to vote TODAY.
About Pineapple Energy
Pineapple is focused on growing leading local and regional solar, storage, and energy services companies nationwide. Our vision is to power the energy transition through grass-roots growth of solar electricity paired with battery storage. Our portfolio of brands (SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power) provide homeowners and small businesses with an end-to-end product offering spanning solar, battery storage, and grid services.
Forward Looking Statements
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, statements regarding the Company’s ability to pass the proposals at the upcoming annual meeting of shareholders and the consequences if such proposals should fail to pass. These statements are based on the Company’s current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements here due to changes in economic, business, competitive or regulatory factors, and other risks and uncertainties, including those set forth in the Company’s filings with the Securities and Exchange Commission. The forward-looking statements in this press release speak only as of the date of this press release. The Company does not undertake any obligation to update or revise these forward-looking statements for any reason, except as required by law.
| Contacts: | |
| Pineapple Energy Scott Maskin Interim Chief Executive Officer +1 (631) 823-7131 Scott.Maskin@pineappleenergy.com Investor Relations +1 (952) 996-1674 IR@pineappleenergy.com | |
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