sitox
Pineapple Energy (NASDAQ:PEGY) +66.2% pre-market Tuesday after announcing a partnership with Conduit Capital that will include two new board members and the resignation of its CFO.
Pineapple (PEGY) said Conduit Capital will provide structural internal support, staffing, and assistance with capital raising activities, as well as add key talent with backgrounds of successful capital raises, M&A completions and corporate restructuring transactions.
CFO Eric Ingvaldson, who has held the role since the company’s founding, will resign effective August 30, and directors Randall Sampson and Marilyn Alder have resigned, while Kevin O’Connor and Henry Howard have joined the board.