RGS Energy regains Nasdaq compliance, avoids delisting

LOUISVILLE — Rooftop solar-equipment installer RGS Energy Inc. on Monday said it received notification from the Nasdaq Stock Market LLC that it has regained compliance with the stock exchange’s marketplace rules.

In April, Nasdaq notified RGS (Nasdaq: RGSE) that its market capitalization fell below the $35 million requirement and had 180 days to comply or, through an alternative rule, boost its stockholder equity to $2.5 million or more to regain compliance and avoid delisting.

On Aug. 17, Nasdaq notified RGS Energy that based on its earnings report filed for the quarter that ended June 30…