Core Viewpoint - SUNation Energy Inc. announced a final cash distribution of $0.12 per non-transferable Contingent Value Right (CVR) to its holders, fulfilling its payment obligations and simplifying its capital structure [1][2]. Group 1: Final Distribution Details - The total final payment amounts to $276,000.48, which will be distributed to all CVR holders starting on or about December 5, 2025 [2]. - Following this payment, the Contingent Value Rights Agreement will terminate, and the CVRs will expire without any further compensation [2]. Group 2: Company Operations and Strategy - SUNation Energy focuses on providing sustainable solar energy and backup power solutions to households, businesses, and municipalities, and aims to grow its presence in the solar and energy services market [1][4]. - The company has made significant operational improvements over the past two years, including cost reductions, debt elimination, and enhanced efficiencies while maintaining high customer service levels [2].
SUNation Energy Announces Final Distribution to Holders of Contingent Value Rights
Globenewswire·2025-12-04 21:05