SUNation Energy Restructures $5.5 Million of Long-Term Debt, Improving Cash Flows and Enhancing Liquidity
GlobeNewswire·2025-04-24 13:15
RONKONKOMA, N.Y., April 24, 2025 (GLOBE NEWSWIRE) -- SUNation Energy, Inc. (Nasdaq: SUNE), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, today announced that it has amended the terms of a $5,486,000 Long Term Promissory Note (the “Note”) associated with the Company’s second acquisition dating from November 2022. Under the new terms of the Long-Term Note, as disclosed in our recent annual report on Form 10-K, the principal amount of ...