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Communications Systems, Inc Announces Agreement to Merge with Pineapple Energy, LLC

Press release content from Business Wire. The AP news staff was not involved in its creation. Communications Systems, Inc. Announces Agreement to Merge with Pineapple Energy, LLC March 2, 2021 GMT MINNETONKA, Minn. (BUSINESS WIRE) Mar 2, 2021 Communications Systems, Inc. (NASDAQ: JCS) (“CSI” or the “Company”), an IoT intelligent edge products and services company, today announced that it entered into a definitive merger agreement with privately held Pineapple Energy, LLC (“Pineapple”), a growing U.S. operator and consolidator of residential solar, battery storage, and grid services solutions. Upon closing, CSI will commence doing business as Pineapple Energy, with a business model focused on the rapidly growing home solar industry. The Company expects shares of the combined company to continue to trade on the Nasdaq Capital Market under the new ticker symbol “PEGY.” The definitive merger agreement and transaction have been approved by CSI’s Board of Directors a

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