8-KThe WireRoutine
Shareholder Vote
Filed Nov 7, 2024 · 1y ago · Accession 0000897101-24-000552
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗Securities and Exchange Commission on October 10, 2024.
Of the 24,012,312 shares of Common Stock outstanding and entitled to vote, including the portion of the shares of Series C Preferred Stock voting on an as converted basis (subject to certain limitations), at the Special Meeting, 12,360,601, or 51.47%, of the outstanding and eligible shares, were present either in person or by proxy. Holders of Common Stock voted one vote per share on all matters properly brought before the Special Meeting. The holder of the Series C Preferred Stock voted one vote per share on an as converted basis with the Common Stock for only the Redomestication Proposal. The Series C Preferred Stock was not entitled to vote on any other matters. Holders of record of shares of Common Stock and the Series C Preferred Stock voted on the Redomestication Proposal as a single class.
Therefore, a total of (i) 24,012,312 votes were entitled to be cast at the meeting with respect to the Redomestication Proposal, (ii) 15,488,161 votes were entitled to be cast at the meeting with respect to the Name Change Proposal and the Adjournment Proposal.
The
results for each of the proposals submitted to a vote of shareholders at the Special Meeting are as follows:
Proposal
1: Redomestication Proposal
The
Company’s shareholders approved the change of the state of incorporation from Minnesota to Delaware. The voting with respect to
the Redomestication Proposal was as follows:
For
Against
Abstain
12,209,884
129,838
20,879
Proposal 2: Name Change Proposal
The Company's shareholders approved the change of the name of the Company from Pineapple Energy Inc. to SUNation Energy Inc. The voting with respect to the Name Change Proposal was as follows:
For
Against
Abstain
6,174,516
145,875
13,023
Proposal
3: Adjournment Proposal
The Company’s
shareholders approved the one or more adjournments of the Special Meeting to a later date or dates to solicit additional proxies if there
are insufficient votes to approve any of the proposals at the time of the Special Meeting. The voting with respect to the Adjournment
Proposal was as follows; however, since a quorum was present for the transaction of business and there were sufficient shares voted to
approve Proposals 1 and 2, no adjournment vote was sought and Proposal 3 was not moved forward.
For
Against
Abstain
6,049,016
212,399
71,999
SIGNATUREs
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
PINEAPPLE
ENERGY INC.
By:
/s/
Scott Maskin
Scott Maskin,
Interim Chief Executive Officer
Date:
November 7, 2024
Filing details
- Company
- SUNation Energy, Inc.
- Ticker
- SUNE
- CIK
- 22701
- Form type
- 8-K
- Filing date
- Nov 7, 2024
- Report date
- Nov 4, 2024
- Document
- pegy241168_8k.htm
- Size
- 212 KB