The corporate existence of iSun is drawing to a definitive close. The company, which transitioned into a formal liquidation process early last year, ceased its core business operations some time ago. It now operates solely as a legal entity tasked with distributing any remaining assets to its creditors.
For stakeholders, the situation is now almost entirely dictated by proceedings in bankruptcy court. Since the case was converted to a liquidation, all efforts have focused on monetizing the last of the company’s assets. Trading activity in iSun’s shares has dwindled to minimal levels, a clear reflection of the advanced state of the wind-down process.
Key steps remain before the corporate dissolution is finalized: