SUNE

#4685
SUNation Energy, Inc. - Common Stock
2.1 6 USD
-0.02%
Market Price
Settore: Tecnologia
Base: USD
Valuta di Profitto: USD
Intervallo Giornaliero
2.16
2.16
Intervallo Annuale
1.10
9.45
Variazione giornaliera
-1.82%
Variazione Mensile
-4.42%
Variazione di 6 mesi
+64.89%
Variazione Annuale
+30.91%
Chiusura Precedente
2.2 0
Open
2.1 6
Minimo
2.1 6
Massimo
2.1 6
Volume
1
Apri il grafico completo

Financials

Panoramica Estratto Conto Statistiche Documents

2026

Current report, Q3 FY2026
Sunation Energy, Inc. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
Sunation Energy, Inc. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
Sunation Energy, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Sunation Energy, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Sunation Energy, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Sunation Energy, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Sunation Energy, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Sunation Energy, Inc. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
Sunation Energy, Inc. quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
Sunation Energy, Inc. current report, Q1 FY2026
8-K

Sunation Energy, Inc. current report, Q4 FY2024

Full document

Business Context and Reporting Period

This Form 8-K Current Report was filed by SUNation Energy, Inc. (SUNE) on December 9, 2024, with the earliest event reported on December 9, 2024. The filing primarily addresses executive leadership changes and the execution of new employment agreements for the Chief Executive Officer and Chief Operating Officer.

Key Financial Metrics

This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on executive compensation terms and employment contract details.

Material Changes

  • CEO Appointment: The Board appointed Scott Maskin as permanent Chief Executive Officer, effective December 10, 2024, transitioning him from his role as Interim CEO held since May 17, 2024.
  • COO Agreement: The Company entered into a new employment agreement with James Brennan for the role of Chief Operating Officer, effective December 9, 2024.
  • Compensation Structure:
    • Scott Maskin (CEO): Base salary of $295,000 annually with a discretionary bonus potential of up to 50% of base salary. Severance in specific termination scenarios equals 100% of the annual base salary.
    • James Brennan (COO): Base salary of $275,000 annually with a discretionary bonus potential of up to 40% of base salary. Severance in specific termination scenarios equals 100% of the annual base salary.
  • Contract Terms: Both agreements are for an initial three-year term and include standard non-compete, non-solicitation, and confidentiality provisions for 12 months post-termination.

Guidance, Outlook, and Risks

The filing includes forward-looking statements regarding the Company's intent to file for a hearing before the Nasdaq Panel and its ability to regain compliance with Nasdaq continued listing requirements. Specific risks highlighted include:

  • Potential failure to comply with the Nasdaq Minimum Bid Price Requirement.
  • Risk of de-listing from the Nasdaq Capital Market.
  • Uncertainty regarding the Company's financial condition, growth, and strategies.

No specific financial guidance or revenue outlook was provided in this document.

Investor Verification Checklist

  • Verify the Company's current status regarding Nasdaq listing compliance and the Minimum Bid Price Requirement.
  • Review the full text of the attached Employment Agreements (Exhibits 10.1 and 10.2) for detailed definitions of "cause," "good reason," and specific severance conditions.
  • Confirm the Company's progress on filing for a hearing before the Nasdaq Panel as mentioned in the forward-looking statements.
  • Check recent 10-K or 10-Q filings for the most recent financial performance data, as this 8-K contains no financial results.