Item 8.01 Other Events.
As originally announced in the 8-K filed on March 9, 2021, iSun, Inc. (the
"Company") provided notice to the holders of its outstanding public warrants
(the "Warrants") that, pursuant to the terms of the Warrants, the Company
determined to exercise its right to redeem the Warrants by paying to the holders
of such Warrants the redemption price of $0.01 per warrant, with the redemption
to take place on April 12, 2021 (the "Redemption Date").
Since the Company provided the redemption notice, approximately 1,042,116
Warrants were exercised for approximately 521,058 shares of the Company's Common
Stock. On April 12, 2021, the Company redeemed approximately 453,764 Warrants
that remained outstanding on the Redemption Date, in accordance with the Public
Warrant terms.
After the redemption, as of April 12, 2021, the Company had outstanding
approximately 9,082,659 shares of Common Stock.
Item 9.01 Financial Statements and Exhibits.
On April 16, 2021, the Company issued a press release titled "iSun, Inc.
Announces Completion of Redemption of Public Warrants" A copy of the press
release is attached hereto as Exhibit 99.1, and incorporated herein by
reference.
(d) Exhibits
99.1 Press Release of iSun, Inc., dated April 16, 2021.
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