The Peck Company has made an announcement regarding the Approval Letter that it has received from the Listing Qualifications Department of The Nasdaq Stock Market. Peck, a popular commercial solar engineering, procurement, and construction (EPC) company also added that the staff of Nasdaq has given approval to the company for satisfying all the Nasdaq listing requirements.
The Company’s warrants have not demonstrated the minimum 400 round lot holder requirement to ensure the initial listing of its warrants as mentioned in Nasdaq Listing Rule 5515(a)(4)). According to the delisting notice for the warrants, the Company has to request an appeal of the Staff’s determination to a Nasdaq Hearing Panel to prevent the delisting and the suspension of the Company’s warrants. After July 16, 2019, the Company’s warrants and registration will be removed from Nasdaq. The reason for the anticipation of the delisting of the warrants is the low number of warrant holders of the Company.
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The Peck Company, the largest commercial solar contractor in the Northeast region of the US, provides engineering, procurement, and construction (EPC) services to solar energy customers for different types of projects for large commercial and public work. It has made its name by installing over 100MW of solar projects and it simply focuses on boosting profitable growth opportunities.
