Company: SUNE
Filing Date: 2025-08-18
Form Type: 424B5
Source: 0001213900-25-078001
Chunk: 74

Company: SUNation Energy, Inc.
Filing Date: 2025-08-18
Form: 424B5
Chunk 74
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 at the option of the holder upon surrender of the Series
A Warrants to us together with the appropriate instruments of transfer.

Exchange Listing. We do not plan on applying
to list the Series A Warrants on the Nasdaq Capital Market, any other national securities exchange or any other nationally recognized
trading system.

Fundamental Transactions. In the event of
a fundamental transaction, as described in the Series A Warrants and generally including any reorganization, recapitalization or reclassification
of our common stock, the sale, transfer or other disposition of all or substantially all of our properties or assets, our consolidation
or merger with or into another person, the acquisition of more than 50% of our outstanding common stock, or any person or group becoming
the beneficial owner of 50% of the voting power represented by our outstanding common stock, the holders of the Series A Warrants will
be entitled to receive upon exercise of the Series A Warrants the kind and amount of securities, cash or other property that the holders
would have received had they exercised the Series A Warrants immediately prior to such fundamental transaction. In the case of certain
fundamental transactions affecting us, a holder of Series A Warrants, upon exercise of such warrants after such fundamental transaction,
will have the right to receive, in lieu of shares of our common stock, the same amount and kind of securities, cash or property that such
holder would have been entitled to receive upon the occurrence of the fundamental transaction, had the Series A Warrants been exercised
immediately prior to such fundamental transaction. In lieu of such consideration, a holder of Series A Warrants may instead elect to receive
a cash payment based upon the Black-Scholes value of their Series A Warrants.

Rights as a Stockholder. Except by virtue
of such holder’s ownership of shares of our common stock, the holder of a Series A Warrant does not have the rights or privileges
of a holder of our common stock, including any voting rights, until the holder exercises the Series A Warrant.

Additional Warrants

We may issue warrants, including pre-funded warrants,
for the purchase of shares of our common stock or preferred stock or of debt securities. We may issue warrants independently or together
with other securities, and the warrants may be attached to or separate from any offered securities. Each series of warrants will be issued
under a separate warrant agreement to be entered into between us and the investors or a warrant agent. The following summary of material
provisions of the warrants