SolarBank Updates Continuous Disclosure

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SolarBank (NASDAQ: SUUN) has refiled its Audited Consolidated Annual Financial Statements for the fiscal year ended June 30, 2024. The refiling was done at the request of Ontario Securities Commission Staff during a prospectus review. The only modification to the originally filed statements from September 30, 2024, was the inclusion of the report from the company's predecessor independent auditor, MSLL CPA LLP, alongside the current auditor's (ZH CPA, ) report. No other changes were made to the 2024 Financial Statements.

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+0.47% News Effect

On the day this news was published, SUUN gained 0.47%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

04/22/2025 - 09:00 PM

TORONTO, April 22, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") announced today that it has refiled its Audited Consolidated Annual Financial Statements for the year ended June 30, 2024 as initially filed on September 30, 2024 (the "2024 Financial Statements"), solely to include, immediately following the report of the Company's independent auditor, ZH CPA, LLC, the report of the Company's predecessor independent auditor, MSLL CPA LLP. No other changes have been made to the 2024 Financial Statements. This refiling has been made at the request of Ontario Securities Commission Staff in connection with a prospectus review.

About SolarBank Corporation

To learn more about SolarBank, please visit www.solarbankcorp.com.

View original content:https://www.prnewswire.com/news-releases/solarbank-updates-continuous-disclosure-302435151.html

SOURCE SolarBank Corporation

FAQ

Why did SolarBank (SUUN) refile its 2024 financial statements?

SolarBank refiled its 2024 financial statements solely to include the report from its predecessor auditor MSLL CPA LLP, as requested by the Ontario Securities Commission Staff during a prospectus review.

What changes were made to SolarBank's (SUUN) refiled 2024 financial statements?

The only change was the addition of the predecessor auditor's (MSLL CPA LLP) report following the current auditor's (ZH CPA, ) report. No other modifications were made.