ENERGYS GROUP LTD O.N.

Energys Group, through its wholly owned subsidiary, completed the acquisition of Cube Lighting and Design and Cube Solar Installations on August 20. Both companies were already implementation partners and broaden the offering with LED installations, photovoltaics, solar carports and battery storage, especially in the education sector. CEO Kevin Cox sees the acquisitions as a step toward vertical integration, strengthening implementation capacity and improving margins; financial details were not disclosed. » Altro su de.investing.com

Energys Group said in an SEC filing that the market value of its publicly traded securities was at least $35,000,000 on each of ten consecutive trading days (April 7 to 20). NASDAQ then determined that the company satisfies the requirements of Rule 5550(b)(2) and that the matter is closed. Management states that, in its view, it currently meets all conditions for continued listing. » Altro su de.investing.com

Energys Group announced that the closing price of its common stock was at or above $1.00 for ten consecutive trading days from March 19 through April 1, thereby again satisfying NASDAQ’s requirement under Rule 5550(a)(2). NASDAQ has designated the minimum bid price matter as closed. The company is still awaiting formal notice of compliance with the $35 million minimum market capitalization requirement under Rule 5550(b)(2), but expects that condition was also met during the most recent ten trading days. » Altro su de.investing.com