Recent Updates — ZEO
On October 22, 2026, Nasdaq granted Zeo Energy Corp. an additional 180 calendar days until April 19, 2027, to regain compliance with the minimum closing bid price requirement of $1.00 per share for its Class A common stock. This extension follows a previous notification on April 23, 2026, regarding non-compliance that provided an initial 180-day period ending October 20, 2026. The extension does not immediately affect the listing or trading of the shares on the Nasdaq Capital Market. Zeo Energy Corp. intends to monitor its stock price and consider options to regain compliance during this extended period, though there is no assurance it will succeed. The company operates in the energy sector.
Zeo Energy Corp. entered into a Note Purchase Agreement with White Lion Capital, LLC on June 9, 2026, for the issuance of unsecured convertible promissory notes totaling up to $7,500,000. The first closing resulted in the issuance of a $1,670,000 note for $1,500,000 in gross proceeds. The notes carry a 5% annual interest rate, mature 24 months from issuance, and are convertible into Class A Common Stock at a price equal to the greater of $0.50 or a floating rate based on Nasdaq minimums and volume-weighted average prices. Additional closings for up to $6,000,000 may occur by June 9, 2027. Zeo Energy Corp. is an energy company.