UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~April~~May 2515, 2024 (~~April~~May 259, 2024)

ISUN, INC.

(Exact name of registrant as specified in its charter)

Delaware

001-37707

47-2150172

(State or other jurisdiction of
incorporation or organization)

(Commission

File Number)

(I.R.S. Employer
Identification Number)

400 Avenue D, Suite 10, Williston, Vermont 05495

(Address of Principal Executive Offices) (Zip Code)

(802) 658-3378

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.0001 par value per share		ISUN		Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5 2.0304 ~~Amendments~~Triggering toEvents ~~Articles~~that ofAccelerate ~~Incorporation~~or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement

InOn ~~connection~~December ~~with~~12, ~~the~~2023, ~~rescission~~iSun, ofInc. (the ~~Reverse~~“Company”) ~~Split~~and ~~described~~its insubsidiaries ~~Item~~entered ~~8.01~~into ofthe ~~this~~Revenue ~~Current~~Loan ~~Report,~~and ~~iSun,~~Security ~~Inc.~~Agreement (the “~~Company~~Loan Agreement”) ~~filed~~ ~~the~~with ~~Company’s~~Decathlon ~~Fifth~~Specialty ~~Amended~~Finance, ~~and~~LLC, ~~Restated~~pursuant ~~Certificate~~to ofwhich ~~Incorporation with~~ the ~~Delaware~~Company ~~Department~~borrowed ofthe ~~State,~~aggregate ~~Division~~principal ofamount ~~Corporations~~of onup ~~April~~to 25$8,000,000, ~~2024~~as ~~(the~~described ~~“Amended~~in ~~Charter”)~~the ~~and~~Company’s ~~the~~Current ~~Amended~~Report ~~Charter~~on ~~became~~Form ~~effective~~8-K, ondated ~~that~~December ~~date~~13, 2023.

~~Item~~On 8May 9, 2024, the Company received notice from Decathlon Growth Credit, LLC (“Decathlon”), successor in interest to Decathlon Specialty Finance, LLC, of an Event of Default under the Loan Agreement, with respect to (i) the Company’s failure to deliver Deposit Account Control Agreements to Decathlon as required by the Loan Agreement, (ii) the Company’s incurrence of indebtedness not permitted under the Loan Agreement, and (iii) the Company’s grant of liens on its assets in violation of the Loan Agreement.01 ~~Other~~The ~~Information~~notice states that Decathlon has demanded the immediate payment of all obligations owed by the Company to Decathlon, including Decathlon’s costs of collection.

Rescission of Reverse Split

On April 25, 2024 the Board of Directors of the Company elected to rescind the reverse split (the “Reverse Split”) described in the Company’s Current Report on Form 8-K, filed on April 24, 2024, which was anticipated to become effective on April 26, 2024. The Company has taken the necessary actions to rescind the Reverse Split before it became effective.

Press Release Announcing Rescission of Reverse Split

On April 25, 2024, the Company issued a press release announcing rescission of the Reverse Split. A copy of such press release is attached as Exhibit 99.1 hereto.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

3.1	Fifth Amended & Restated Certificate of Incorporation of iSun, Inc.
99.1	Press Release of iSun, Inc. dated April 25, 2024
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: ~~April~~May 2515, 2024

	iSun, Inc.

	By:	/s/ Jeffrey Peck
	Name:	Jeffrey Peck
	Title:	Chief Executive Officer

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