Skycorp Solar

PN

Market cap $10.7M

NINGBO, China, May 08, 2026 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (the “Company” or “Skycorp”) (Nasdaq: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced that it will hold an extraordinary general meeting (the “EGM”) of shareholders at its executive office at Room 303, Block B, No.188 Jinghua Road, Yinzhou District, Ningbo City, Zhejiang Province, China 315048, at 10:00a.m. on June 10, 2026 (local time).

NINGBO, China, May 06, 2026 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (“Skycorp” or the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced that it has entered into Securities Purchase Agreements (the “Agreements”) for a second round of private placement (PIPE) financing. Pursuant to the Agreements dated May 6, 2026, the Company will issue a total of 1,685,000 Class A Ordinary Shares to raise $3.6 million. Building upon the Company's previously announced $3.0 million PIPE financing on May 1, 2026, this second round brings the total capital raised across the two recent placements to $6.6 million.

Skycorp Solar Group Ltd (NASDAQ:PN) shares are trading higher on continued volatility Tuesday as traders react to an acquisition update and fresh financing details that point to a bigger consolidated footprint. Here's what investors need to know.

WTI crude is hovering near $99.89 a barrel, with the monthly trend down 1.4% even as weekly prices climbed 9.7% on fresh Strait of Hormuz tensions.

Skycap Solar Group Limited (NASDAQ:PN) is trading higher Monday on continued strength after the company announced Friday that it will acquire the remaining 56% stake in Nanjing Cesun Power Co., Ltd. and a $3.0 million private placement.

NINGBO, China, May 01, 2026 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (“Skycorp” or the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced the signing of a Share Acquisition Agreement (the “Agreement”) on April 30, 2026 to acquire the remaining 56% equity interests in Nanjing Cesun Power Co., Ltd. ("Nanjing Cesun" or the "Target"). Additionally, the Company announced it has entered into definitive Securities Purchase Agreements (the “Agreements”) with three independent institutional investors to raise an aggregate of USD3,000,000 in a private placement (PIPE) transaction.

NINGBO, China, April 28, 2026 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (“Skycorp” or the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, announced today that on April 27, 2026, the Company received a formal notification letter from the Nasdaq Listing Qualifications Department confirming that the Company has regained compliance with the minimum bid price requirement for continued listing on The Nasdaq Stock Market. Previously on October 30, 2025, Nasdaq notified the Company that its Class A Ordinary Shares failed to maintain a minimum closing bid price of $1.00 per share over the previous 30 consecutive business days, as required by the Listing Rules.

NINGBO, China, April 08, 2026 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (“Skycorp” or the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced that its Board of Directors has approved a reverse share split of all the Company's issued and unissued shares at an exchange ratio of one (1) share for twenty (20) shares.

Ningbo, China, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (Nasdaq: PN) (the “Company”), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced its board of directors has approved the adoption of a Share Repurchase Programme (the “Programme”), under which the Company plans to repurchase its ordinary shares for a maximum total consideration of up to US$2,000,000. The purpose of the Programme is to optimize the Company's capital structure, enhance earnings per share, and create long-term value for shareholders.

Ningbo, China, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (Nasdaq: PN) (the “Company”), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced that the Company received a notice (the “Notice”) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) on October 30, 2025, stating that the Company's Class A ordinary shares, par value $0.0001 per share (the “Class A Ordinary Shares”), fail to comply with the $1.00 minimum bid price requirement for continued listing on Nasdaq in accordance with Nasdaq Listing Rule 5550(a)(2) based upon the closing bid price of the Class A Ordinary Shares for the 30 consecutive business days prior to the date of the Notice.