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    ISUN   US4652461066

ISUN, INC.

(ISUN)
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ISun : Announces Postponement and Rescheduling of 2020 and 2021 Annual Meetings of Stockholders (Form 8-K)

05/12/2021 | 08:06am EDT
iSun, Inc. Announces Postponement and Rescheduling of 2020 and 2021 Annual Meetings of Stockholders

Williston, VT, May 10, 2021 -iSun, Inc. (NASDAQ: ISUN) ('iSun' or the 'Company'), a leading solar energy and clean mobility infrastructure company with 50 years of construction experience in solar, electrical and data services, today announced that its Board of Directors has determined to postpone and reschedule the 2020 and 2021 Annual Meetings of Stockholders ('the Meetings') which were scheduled to be held on May 11,2021, due to delays in the process of printing and mailing the proxy materials to the Stockholders on a timely basis. The 2020 and 2021 Annual Meetings of Stockholders will now be held on Tuesday, May 25, 2021 beginning at 1:00 p.m (Eastern Time). In addition, the Company has received an extension from the Listing Qualifications Department of The Nasdaq Stock Market ('Nasdaq') with respect to the holding of the Company's 2020 Annual Meeting until May 25, 2021, and at this time remains in compliance with Nasdaq listing standards.

ABOUTiSUN
Headquartered in Williston, VT, iSun, Inc. (NASDAQ: ISUN) is a business rooted in values that align people, purpose, innovation, and sustainability. Ranked by Solar Power World as one of the leading commercial solar contractors in the United States, iSun provides solar energy and clean mobility infrastructure to customers for projects from smart solar mobile phone and electric vehicle charging, up to multi-megawatt renewable energy solutions. iSun's innovations were recognized this year by the Solar Impulse Foundation of Bertrand Piccard as one the globe's Top 1000 Sustainability Solutions. As a winner, this award will result in the iSun solution being presented to hundreds of government entities around the world, including various municipal, state and federal agencies in the United States. Since entering the renewable energy market in 2012, iSun has installed over 650 megawatts of rooftop, ground mount and EV carport solar systems (equal to power required for 123,500 homes). We continue to focus on profitable growth opportunities. For more information, visit www.isunenergy.com

FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about (i) iSun's plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts; and (ii) other statements identified by words such as 'expects' 'anticipates,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' 'targets,' 'projects,' or words of similar meaning generally intended to identify forward-looking statements. These forward-looking statements are based upon the current beliefs and expectations of the respective management of iSun and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of iSun. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Actual results may differ materially from the anticipated results discussed in these forward-looking statements because of possible uncertainties.

INVESTOR CONTACT
Chase Jacobson
IR@isunenergy.com
802-264-2040


Disclaimer

iSun Inc. published this content on 10 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2021 12:05:05 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 46,3 M - -
Net income 2021 -3,17 M - -
Net Debt 2021 - - -
P/E ratio 2021 -32,4x
Yield 2021 -
Capitalization 94,2 M 94,2 M -
Capi. / Sales 2021 2,03x
Capi. / Sales 2022 1,14x
Nbr of Employees 150
Free-Float 71,6%
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Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 1
Average target price 21,40 $
Last Close Price 10,37 $
Spread / Highest target 106%
Spread / Average Target 106%
Spread / Lowest Target 106%
EPS Revisions
Managers and Directors
NameTitle
Jeffery Peck Chairman, President & Chief Executive Officer
John Sullivan Chief Financial Officer
Fredrick Myrick Chief Operating Officer, Director & EVP
Stewart Martin Independent Director
Claudia Michel Meer Independent Director
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