

The deep research logic is organized as follows:
Okay, let's tackle this question about SUNation Energy's reverse stock split. The user wants to know what the stock price will be after the 200-for-1 reverse split and how many shares they'll have left.
First, I need to recall how reverse stock splits work. A reverse split reduces the number of outstanding shares by a certain ratio. In this case, every 200 shares become 1. So, if someone owns 200 shares, they'll end up with 1 share post-split. The stock price is adjusted inversely, so the new price is the old price multiplied by the split ratio.
Looking at the references, the current price is $0.04 (from reference 2) or $0.02 (reference 4 and 5). There's a discrepancy here. Reference 2 mentions $0.04, while others say $0.02. The user's question is from April 17, 2025, and the split is effective April 21. The latest price mentioned in reference 4 (dated April 16) is $0.02, which dropped 48.8% that day. So, the most recent price is $0.02.
Using the reverse split formula: new price = old price * split ratio. So, $0.02 * 200 = $4.00. However, reference 1 mentions the price would be approximately $8.20. Wait, that's conflicting. Let me check reference 1 again. It says the current total outstanding shares are 672 million, which will reduce to 3.36 million. The market cap is $705,406 (which seems off, maybe a typo). If the market cap is $705k, then the new price would be market cap / new shares: $705,406 / 3,364,000 ≈ $0.21. But reference 1 says the price would be around $8.20. Hmm, that doesn't add up. Maybe the market cap figure is incorrect. Alternatively, perhaps the calculation in reference 1 assumes a different current price. Let me check other references. Reference 2 says the stock is at $0.04, which would give $0.04 * 200 = $8.00, close to the $8.20 mentioned. So, there's a mix of $0.02 and $0.04 in different sources. The user's question is on April 17, so the latest price from reference 4 (April 16) is $0.02, which dropped 48.8% that day. But the split is effective April 21, so the price on April 21 would be based on the closing price on April 17 or 18. However, without the exact pre-split closing price, we can only use the available data.
Given the conflicting numbers, I should explain both scenarios. If the pre-split price is $0.02, the new price is $4.00. If it's $0.04, then $8.00. But reference 1 mentions $8.20, which might be based on a slightly higher pre-split price. To resolve this, I'll present both possibilities and note the discrepancy, advising the user to check the latest pre-split closing price.
Next, the number of shares remaining. If an investor owns N shares before the split, they'll have N / 200 shares after, rounded up if there's a fraction. For example, 200 shares become 1, 150 shares become 1 (rounded up from 0.75). The references mention that fractional shares are rounded up, so even if you have 1 share pre-split, you'd get 0.005 post-split, which rounds up to 1 share. Wait, no, the reverse split is 200:1, so each shareholder's shares are divided by 200. If you have 199 shares, you'd get 0.995, which rounds up to 1 share. So, any number of shares not perfectly divisible by 200 would result in rounding up.
The user's profile shows interest in tech stocks and short to medium-term investments. They might be looking for a potential rebound after the split, but the analysis should highlight the risks. The company has a history of multiple reverse splits (references 9 and 14 show previous splits of 1-for-50, 1-for-15, etc.), which is a red flag. The financial health is poor (reference 2 mentions a current ratio of 0.47, which is below 1, indicating liquidity issues). The market cap is micro, and the stock is likely to remain volatile.
In the answer, I need to structure it with a clear conclusion upfront, then break down the price calculation, share adjustment, risks, and implications. Use the references to back up each point, cite them properly, and include the visualizations for the queries mentioned. Also, address the user's profile by relating the risks and potential to their investment strategy, emphasizing the need for caution despite the technical bounce from the split.
Concluding Statement:
SUNation Energy’s (SUNE) 200-for-1 reverse stock split, effective April 21, 2025, will mathematically inflate its stock price but does not address fundamental weaknesses. Investors should view this move with skepticism, as it primarily aims to stave off Nasdaq delisting rather than improve business fundamentals. Below is a detailed analysis of the split’s implications.
1. Post-Split Stock Price Calculation
The reverse split will multiply the pre-split stock price by 200. Based on the latest available data:
- Pre-split price (as of April 16, 2025): $0.02 1.
- Post-split price: $0.02 × 200 = $4.00/share.
However, some sources suggest a higher pre-split price of $0.04, which would result in a post-split price of $8.00/share 23. The discrepancy arises from varying timing of price quotes. Investors should confirm the final pre-split closing price on April 17 or 18 for precise calculations.
SUN Trend
2. Share Adjustment Formula
Each shareholder’s holdings will be reduced by a factor of 200, with fractional shares rounded up to the nearest whole number. For example:
- 1,000 shares pre-split → 5 shares post-split (1,000 ÷ 200 = 5).
- 150 shares pre-split → 1 share post-split (150 ÷ 200 = 0.75 → rounded up to 1).
This ensures no shareholder loses fractional ownership, but the extreme ratio (200:1) highlights the severity of SUNE’s share price decline.
3. Key Risks and Implications
- Lack of Fundamental Improvement: SUNE’s reverse split does not address its weak financials (current ratio of 0.47 3) or 99%+ stock price decline over the past year 1.
- Repeat Offender: This is SUNE’s fourth reverse split since 2022 (previous ratios: 1-for-50, 1-for-15, 1-for-4 45), signaling chronic liquidity issues.
- Market Perception: Companies with frequent reverse splits often face reduced institutional interest and heightened volatility. SUNE’s micro-market cap ($705,406 2) and Nasdaq listing status remain precarious.
4. Strategic Takeaway for Investors
Given your moderate risk tolerance and focus on short-to-medium-term opportunities, SUNE’s reverse split creates a high-risk, low-reward scenario:
- Technical Bounce Potential: The stock may rally temporarily post-split, aligning with your interest in news-driven strategies.
- Fundamental Concerns: The company’s financial instability and history of splits make a sustained rebound unlikely without material operational improvements.
Monitor the post-split price action and any updates on SUNE’s liquidity position or revenue growth. A break above $8.00 (if pre-split price was $0.04) could indicate renewed investor confidence, but a drop below $4.00 (if pre-split price was $0.02) would signal continued bearish sentiment.
Final Advice: Exercise caution and prioritize companies with stronger fundamentals and less reliance on stock-split gimmicks for long-term portfolio stability.
