iSun’s Final Chapter: Liquidation Wipes Out Shareholder Value

The corporate saga of iSun has reached its definitive conclusion, with the former solar energy firm now undergoing complete liquidation. Investors face total losses as the company’s bankruptcy proceedings transitioned from reorganization to Chapter 7, marking the final stage of its corporate existence.

iSun, Inc. initiated Chapter 11 bankruptcy protection in June 2024, triggering immediate suspension of its NASDAQ trading privileges. The U.S. Securities and Exchange Commission formally revoked the company’s listing approval on May 23, 2024. Since that date, the equity has traded exclusively over-the-counter under the symbol ISUNQ, with minimal trading activity reflecting the company’s dire financial condition.

The decisive turning point arrived on January Read more...