Shares of Peck Company Holdings, Inc. (PECK), a solar engineering, procurement and construction company, are surging more than 95 percent or $5.86 in Tuesday's morning trade at $12.01.
Tuesday, Peck and iSun Energy LLC, a provider of solar power, electric mobility and smart city solutions, said they have entered into a binding term sheet under which Peck will acquire iSun in an all-stock transaction.
The transaction is expected to close in January 2021. Upon closing, Peck will change its name to iSun Energy and trade on Nasdaq under the ticker "ISUN". Peck also said the acquisition is accretive with $2 million near-term revenue commitments.
Peck Company has traded in a range of $1.49 to $14.42 in the past 52 weeks.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.