Company: SUNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0000022701-25-000002
Chunk: 11

Company: SUNation Energy, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 11
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 of common stock under registered direct offering, net of issuance costs —   —  —   —  —   —  —   —  3,604    180    918,808    —   —   918,988 Issuance of Series B Preferred Stock —   —  —   —  1    1   —   —  —   —   14    —   —   15 Cancellation of Series B Preferred Stock —   —  —   —  (1)   (1)  —   —  —   —   —   —   —   (1)Issuance of common stock under PIPE Warrant exercise —   —  —   —  —   —  —   —  16,545    827    323,963          324,790 Reclassification of Series A Preferred Stock to temporary equity 28,000    30,968,875   (28,000)   (28,000)  —   —  —   —  —   —   (30,940,875)   —   —   (30,968,875)Deemed dividend on extinguishment of Convertible Preferred Stock —   751,125   —   —  —   —  —   —  —   —   (751,125)   —   —   (751,125)Reclassification of PIPE Warrants to liabilities —   —  —   —  —   —  —   —  —   —   (10,592,220)   —   —   (10,592,220)Conversion of Redeemable Convertible Preferred Stock to Common Stock (13,485)   (15,277,055)  —   —  —   —  —   —  126,098    6,305    15,270,750    —   —   15,277,055 Conversion of Series A Convertible Preferred Stock to Common Stock —   —  (1,490)   (1,490)  —   —  —   —  14,195    710    780    —   —   —Reclassification of temporary equity to Series A Preferred Stock (14,515)   (16,442,945)  14,515    14,515   —   —  —