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Company raises $32 million in private placement Trading under "PEGY" on the Nasdaq Capital Market to begin March 29, 2022 Communications Systems, Inc. (NASDAQ:JCS) (the "Company" or "Pineapple Energy") today announced the closing of its merger with Pineapple Energy LLC. In connection with the closing, the Company changed its name to "Pineapple Holdings, Inc." on March 28, 2022 and its common stock is expected to trade on the Nasdaq Capital Market under the new symbol "PEGY" on Tuesday, March 29, 2022. Immediately prior to the merger, Pineapple Energy completed its acquisition of two Hawaiian solar companies, Hawaii Energy Connection, LLC and E-Gear, LLC. Following the merger, Pineapple E
- CSI Shareholders Approved Merger Proposal at Special Meeting on March 25, 2022 - CSI Expects Closing of Merger to Occur on Monday, March 28, 2022 - CSI Shareholders of Record as of the Close of Business on Friday, March 25, 2022 Will Receive CVRs Assuming Closing on March 28, 2022 Communications Systems, Inc. (NASDAQ:JCS) ("CSI" or the "Company") today announced that CSI shareholders approved Proposal #1, the proposal to approve the merger transaction with Pineapple Energy LLC ("Pineapple"), at the reconvened special meeting of CSI shareholders that was held on March 25, 2022 at 9 a.m. CT. Roger Lacey, Executive Chair and Interim Chief Executive Officer of CSI, commented, "On behalf o
- Meeting Adjourned to March 25, 2022 at 9:00 a.m. CT/10:00 a.m. ET - Proposal #1 – Pineapple Merger Proposal – Requires 2/3 of Outstanding - CSI Urges Shareholders to Vote Communications Systems, Inc. (NASDAQ:JCS) ("CSI" or the "Company") today announced that the CSI special meeting of shareholders has been adjourned to Friday, March 25, 2022 at 9:00 a.m. CT/10:00 a.m. ET solely with respect to Proposal #1, the proposal to approve the merger transaction with Pineapple Energy LLC. Proposal #1, along with the other proposals, is described in the proxy statement/prospectus dated February 3, 2022. Proposal #1 continues to have very strong levels of CSI shareholder support. Approximately 66
Northland Securities reiterated coverage of Communications Systems with a rating of and set a new price target of $12.00 from $8.00 previously
- CSI Shareholders Approved Merger Proposal at Special Meeting on March 25, 2022 - CSI Expects Closing of Merger to Occur on Monday, March 28, 2022 - CSI Shareholders of Record as of the Close of Business on Friday, March 25, 2022 Will Receive CVRs Assuming Closing on March 28, 2022 Communications Systems, Inc. (NASDAQ:JCS) ("CSI" or the "Company") today announced that CSI shareholders approved Proposal #1, the proposal to approve the merger transaction with Pineapple Energy LLC ("Pineapple"), at the reconvened special meeting of CSI shareholders that was held on March 25, 2022 at 9 a.m. CT. Roger Lacey, Executive Chair and Interim Chief Executive Officer of CSI, commented, "On behalf o
- Meeting Adjourned to March 25, 2022 at 9:00 a.m. CT/10:00 a.m. ET - Proposal #1 – Pineapple Merger Proposal – Requires 2/3 of Outstanding - CSI Urges Shareholders to Vote Communications Systems, Inc. (NASDAQ:JCS) ("CSI" or the "Company") today announced that the CSI special meeting of shareholders has been adjourned to Friday, March 25, 2022 at 9:00 a.m. CT/10:00 a.m. ET solely with respect to Proposal #1, the proposal to approve the merger transaction with Pineapple Energy LLC. Proposal #1, along with the other proposals, is described in the proxy statement/prospectus dated February 3, 2022. Proposal #1 continues to have very strong levels of CSI shareholder support. Approximately 66
Urges Investors to vote FOR the Merger at its Special Meeting Submit your vote through your broker, vote online (voting deadline is March 22 at 11:59pm ET) or at the shareholder meeting on March 23 at 1:00 pm CT (2:00pm ET) Communications Systems, Inc. (NASDAQ:JCS) ("CSI" or the "Company") today urges CSI shareholders to vote "FOR" Proposal #1 to approve the merger transaction with Pineapple Energy LLC ("Pineapple"), at the special meeting of shareholders that will be held on Wednesday, March 23, 2022 at 1:00 p.m. Central Time. As of the close of the business day on March 21, 2022, approximately 62% of the CSI total outstanding shares have already voted in favor of Proposal #1. With at l
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4 - Pineapple Holdings, Inc. (0000022701) (Issuer)
4 - Pineapple Holdings, Inc. (0000022701) (Issuer)
4 - Pineapple Holdings, Inc. (0000022701) (Issuer)
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Communications Systems, Inc. (NASDAQ:JCS) ("CSI" or the "Company") today announced that CSI shareholders approved Proposal #1, the proposal to approve the merger transaction with Pineapple Energy LLC ("Pineapple"), at the reconvened special meeting of CSI shareholders that was held on March 25, 2022 at 9 a.m. CT. Roger Lacey, Executive Chair and Interim Chief Executive Officer of CSI, commented, "On behalf of the CSI board of directors, I want to thank all of the CSI shareholders that voted FOR the Pineapple merger. This is a major milestone and a step closer to transforming CSI into the nation's leading residential energy management company. We are excited to be on the path to closing the
- CSI Shareholders Will Receive Value from BOTH Legacy CSI Business AND Future Pineapple Business - Very Close Vote and Every Share is Critical to Approval - CSI Urges Shareholders to Vote MINNETONKA, Minn.--(BUSINESS WIRE)-- Communications Systems, Inc. (NASDAQ:JCS) (“CSI” or the “Company”) today reiterates the value to CSI shareholders from the merger transaction with Pineapple Energy LLC (“Pineapple”) and urges CSI shareholders to vote “FOR” Proposal #1, the proposal to approve the merger transaction with Pineapple, at the special meeting of shareholders that will be held on Wednesday, March 23, 2022 at 1:00 p.m. Central Time. Almost 64% of the CSI total outstanding shares have alread
MINNETONKA, Minn.--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced that it has appointed Anita Kumar as its Chief Executive Officer, effective immediately. Ms. Kumar will also join CSI’s Board of Directors bringing the total number of members to six. As the new CEO, she succeeds Roger Lacey who will continue to serve as Executive Chairman of CSI’s Board of Directors. Ms. Kumar joined CSI in 2011 and was promoted to General Manager of Transition Networks in 2019, where she led business operations and oversaw the Electronics & Software assets of CSI. Prior to joining CSI, sh
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