Pineapple Holdings (PEGY) has released an update to notify the public and investors about corporate charter and bylaws modifications.
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Pineapple Energy Inc. shareholders have given the green light to expand the company’s share capacity, now authorizing a total of 112.5 million shares of common stock. This change took effect at the start of the year, marking a significant step for the company’s potential growth strategies, and reflects Pineapple Energy’s ambition to strengthen its financial flexibility for future endeavors.
For further insights into PEGY corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.
