Company: SUNE
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001213900-25-017771
Chunk: 60

Company: SUNation Energy, Inc.
Filing Date: 2025-02-27
Form: 424B5
Chunk 60
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 stockholder may not exercise the warrant to the extent such exercise would cause such selling stockholder,
together with its affiliates and attribution parties, to beneficially own a number of shares of common stock which would exceed 4.99%
or 9.99%, as applicable, of our then outstanding common stock following such conversion, excluding for purposes of such determination
shares of common stock issuable upon conversion of shares of Series A convertible preferred stock which have not been converted and issuable
upon exercise of warrants which have not been exercised. The number of shares in the second and fifth columns do not reflect these limitations,
but the percentages set forth in the third and sixth columns give effect to these limitations. The selling stockholders may sell all,
some or none of their shares in this offering. See “Plan of Distribution.”

|                                               |     | Shares Beneficially Owned 
 Prior to the Offering     |         |     |            |      |   |     | Number of 
 Shares    
 Being     |           |     | Shares Beneficially    
 Owned After Completion 
 of the Offering        |   |     |            |   |   |
| Name of Selling Stockholder                   |     | Number                    |         |     | Percentage |      |   |     | Offered   |           |     | Number                 |   |     | Percentage |   |   |
| Bigger Capital Fund LP (1)                    |     |                           | 238,970 |     |            | 3.11 | % |     |           |   477,940 |     |                        | 0 |     |            | 0 | % |
| Cavalry Fund I LP (2)                         |     |                           | 160,146 |     |            | 2.11 | % |     |           |   320,292 |     |                        | 0 |     |            | 0 | % |
| Cavalry Investment Fund LP (3)                |     |                           |  82,500 |     |            | 1.10 | % |     |           |   165,000 |     |                        | 0 |     |            | 0 | % |
| Anson East Master Fund LP (4)                 |     |                           | 183,822 |     |            | 2.41 | % |     |           |   367,644 |     |                        | 0 |     |            | 0 | % |
| Anson Investments Master Fund