Core Insights - Pineapple Energy Inc. has engaged Conduit Capital for structural support, staffing, and capital raising activities [1][2] - The partnership aims to enhance Pineapple's operational capabilities and includes the addition of experienced professionals [2][4] - Eric Ingvaldson, the Chief Financial Officer, has resigned, with his last day being August 30, 2024 [3] Company Developments - Conduit Capital will provide key talent with industry-specific experience to support Pineapple's management team [2][4] - New members will join Pineapple's Board of Directors to replace resigning members [5][6] - Kevin O'Connor and Henry B. Howard will take on significant roles within the Board, with Howard chairing the Compensation Committee and O'Connor chairing the Audit Committee [6] Strategic Vision - Pineapple Energy focuses on expanding solar, storage, and energy services across the U.S., aiming to facilitate the energy transition through grassroots growth [7] - The company operates under various brands, including SUNation Energy and Hawaii Energy Connection, offering comprehensive solutions in solar and battery storage [7] Conduit Capital Overview - Conduit Capital specializes in connecting companies with mission-aligned investors and has a history of successful capital raises and corporate restructuring [2][8] - The firm aims to catalyze impactful investments that contribute to a sustainable future [9]
Pineapple Energy Formalizes Agreement With Conduit Capital for Services and to Pursue Working Capital Investment