Research analysts covering Skycorp Solar Group.
Recent press releases and 8-K filings for PN.
Skycorp Solar Group to Acquire Equity Interest in Nanjing Cesun Power Co.
PN
M&A
New Projects/Investments
- Skycorp Solar Group Limited (NASDAQ: PN) announced on October 14, 2025, its agreement to acquire a 24.0% equity interest in Nanjing Cesun Power Co., Ltd., a company focused on new energy power plants and inverter technologies.
- The total consideration for this acquisition is approximately US$8.7 million.
- The purchase will be satisfied through the issuance of 12,000,000 Class B ordinary shares of Skycorp to Skyline Tech Limited, the seller.
- The newly issued shares will be subject to a five-year lock-up period, and the transaction is expected to close on or before December 20, 2025.
Oct 14, 2025, 8:00 PM
Skycorp Solar Group Ltd to Hold Extraordinary General Meeting on Share Consolidation
PN
Proxy Vote Outcomes
Delisting/Listing Issues
- Skycorp Solar Group Limited (Nasdaq: PN) announced it will hold an Extraordinary General Meeting (EGM) on October 10, 2025, at 10:00 a.m. Beijing/Hong Kong Time.
- Shareholders of record as of September 15, 2025, Eastern Time, are eligible to vote at the EGM.
- The EGM will consider a proposal for a share consolidation, which would consolidate each 100 Shares (or a lesser whole share amount, not less than 10) into 1 Share.
- Other proposals include adopting an amended memorandum and articles of association to reflect the share consolidation and a resolution for adjournment if necessary.
Sep 17, 2025, 8:00 PM
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more