NEW PORT RICHEY, Fla., April 18, 2025 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO), a company that operates within the energy solutions sector, has officially announced that it received a notification from Nasdaq on April 17, 2025. This notification, referred to as the 'Notice', indicated that the company is currently out of compliance with the periodic filing requirements essential for maintaining its listing on the Nasdaq exchange. Specifically, the notice pertains to the Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2024, which was not submitted to the Securities and Exchange Commission (SEC) by the mandated deadline of March 31, 2025.

Importantly, it's worth noting that this Notice from Nasdaq does not trigger any immediate consequences for the trading or listing status of the company's shares. Nasdaq has afforded Zeo Energy a period of 60 calendar days, expiring on Sunday, June 16, 2025, to present a plan demonstrating how it intends to regain compliance with the relevant rules. Should Nasdaq approve the companys plan, it may provide Zeo Energy with a provisional extension until October 13, 2025, to fulfill its compliance obligations regarding the listing rules.

As of now, Zeo Energy is actively working to finalize its Fiscal Year 2024 10-K report and is committed to ensuring that all subsequent periodic filings meet the required timelines. With these efforts, the company is optimistic about restoring its compliance with SEC reporting requirements.

This public announcement is made in accordance with Nasdaq Listing Rule 5810(b), which mandates that companies promptly disclose any deficiency notifications they receive.

About Zeo Energy Corp.

Zeo Energy Corp. operates out of Florida as a regional provider of residential solar, distributed energy, and energy efficiency solutions. The company strategically positions itself in high-growth markets where competition is limited, allowing it to leverage its innovative sales strategy and vertically integrated service offerings. Through its Sunergy division, Zeo Energy caters to customers looking to mitigate high energy costs while also contributing to a more sustainable energy future. For more information about Zeo Energy Corp., interested parties can visit ZEO@gateway-grp.com