Pineapple Energy Regains Compliance With NASDAQ Bid Price Listing Rule
Pineapple's compliance relates to Listing Rule 5550(a)(2), also known commonly as the "Bid Price Rule," which calls for companies to have their stock price consistently above $1.00 US. In recent months, the Company's management team, led by Maskin, has made it a priority to be transparent and openly communicative about enacting strategies that in their belief will serve to restore Pineapple's shareholder equity. Pineapple is focused on growing leading local and regional solar, storage, and energy services c ...