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Newswires & Feeds Content Syndication Digital Signage Services Radio News Services Intelligent Investor Biotech Investor Latest News Videos Free Content Press Releases Intraday Alerts SUNation Energy Shares Surge 99% On Merger Deal By RTTNews Staff Writer ✉ | Published: 6/8/2026 12:18 PM ET Addas your preferred news source on Google SUNation Energy Inc. (SUNE) shares skyrocketed 99.11 percent, gaining $1.1150 to $2.2450 on Monday after the company announced a definitive reverse merger agreement with Suniva, U.S. merchant manufacturer of high-efficiency monocrystalline silicon solar cells. The
stock is currently trading at $2.2450, compared with its previous close of $1.1300 on the Nasdaq. During the session, it opened at $2.9850 and traded between $2.5100 and $3.1800. Trading volume surged to 162.16 million shares, far above its average volume of 1.35 million shares. Under the agreement, Suniva will merge with a wholly owned subsidiary of SUNation, and the combined company is expected to operate under the Suniva name while maintaining SUNation’s Nasdaq listing. The transaction values pre-merger SUNation stockholders’ equity at approximately $2.26
per share, representing a premium of about 100% over SUNE’s most recent closing price, helping fuel the stock’s sharp rally. SUNation Energy shares have traded between $0.6800 and $3.4600 over the past 52 weeks. For comments and feedback contact: editorial@rttnews.com Business News Invest in the Best Pharma Stocks by Subscribing to RTT Biotech Investor. Slide Shows Biotech Stocks Facing FDA Decision In June 2026 Biotech Stocks Facing FDA Decision In May 2026 Biotech Stocks Facing FDA Decision In April 2026 Latest Updates on Middle East
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