Pineapple Holdings (PEGY) has released an update.
Pineapple Energy Inc. has recently updated its stock profile following a direct offering and preferred stock conversion. The company now has over 43 million shares of common stock and approximately 23,540 shares of Series A Preferred Stock. Furthermore, the conversion and exercise of Series A Preferred Stock and Series A Warrants could potentially add over 403 million new shares of common stock, all influenced by a recent price adjustment after the offering. This significant shift in available shares may intrigue investors watching Pineapple Energy’s financial maneuvers in the market.
For further insights into PEGY stock, check out TipRanks’ Stock Analysis page.
