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 FY2013

Full document

Business Context and Reporting Period

This Form 8-K is filed by Communications Systems, Inc. (not Sunation Energy, Inc.) for the reporting period of October 30, 2013. The filing addresses regulatory compliance issues with NASDAQ listing rules regarding board independence and committee composition following the appointment of an Interim CEO.

Key Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and regulatory compliance matters.

Material Changes Versus Prior Period

  • Board Composition Change: Effective September 3, 2013, Curtis A. Sampson was appointed Interim CEO, causing him and his son, Randall D. Sampson, to lose their status as independent directors.
  • Regulatory Non-Compliance: The loss of independence resulted in a failure to comply with NASDAQ Rule 5605(b)(1) (Majority Independent Board) and Rule 5605(d)(2) (Compensation Committee Composition).
  • Remedial Action: On October 22, 2013, Richard A. Primuth was elected as an independent director, and Randall D. Sampson resigned from the Compensation Committee. NASDAQ confirmed the company regained compliance for these specific rules on October 22, 2013.
  • Ongoing Cure Period: The company remains non-compliant with NASDAQ Rule 5605(c)(2) regarding Audit Committee Composition due to Randall D. Sampson's continued presence. NASDAQ granted a cure period until the earlier of the next annual shareholder meeting or September 3, 2014.

Guidance, Outlook, and Management Commentary

Management intends to hold the 2014 annual meeting of shareholders in late May or early June 2014. On November 1, 2013, the Board approved new committee assignments to address governance structure:

  • Audit Committee: Chaired by Richard A. Primuth; includes Luella G. Goldberg and Randall D. Sampson (designated as the audit committee financial expert).
  • Compensation Committee: Chaired by Gerald D. Pint; includes Luella G. Goldberg, Roger H. Lacey, and Richard A. Primuth.
  • Finance Committee: Chaired by Randall D. Sampson.
  • Executive Committee: Chaired by Curtis A. Sampson.
  • Governance and Nominating Committee: Chaired by Luella G. Goldberg.

Important Facts for Investor Verification

  • Verify the company name is Communications Systems, Inc., not Sunation Energy, Inc.
  • Confirm the status of the Audit Committee cure period deadline (September 3, 2014, or the date of the 2014 annual meeting).
  • Review the independence status of Randall D. Sampson on the Audit Committee versus his role as a non-independent director.
  • Note that the filing contains no financial performance data or guidance.