SUNation Energy (SUNE) filed a registration statement Tuesday for the potential sale of up to $100 million of securities from time to time in one or more offerings.
The filing covers preferred and common stock, debt securities, stock purchase contracts, warrants, rights and units.
The company said it plans to use the net proceeds for general corporate purposes, which may include debt repayment, working capital, general and administrative expenses, capital expenditures and acquisitions.
SUNation Energy shares fell 6.1% in recent trading.
Price: 2.62, Change: -0.17, Percent Change: -6.09
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