Company: SUNE
Filing Date: 2025-08-18
Form Type: 424B5
Source: 0001213900-25-078001
Chunk: 49

Company: SUNation Energy, Inc.
Filing Date: 2025-08-18
Form: 424B5
Chunk 49
---
 number as possible, and with the directors serving three-year terms. As a result, approximately one-third of our board of directors
is elected each year. The classification of directors has the effect of making it more difficult for stockholders to change the composition
of our board of directors.

No Cumulative Voting. Holders of our common
stock do not have cumulative voting rights in the election of directors.

<div align='center'>15</div>

Special Meetings of Stockholders. Our bylaws
provide that a special meeting of stockholders may be called at any time only by our board of directors or our CEO together with our COO
or CFO.

Stockholder Action by Written Consent. Pursuant
to Section 228 of the DGCL, any action required to be taken at any annual or special meeting of the stockholders may be taken without
a meeting, without prior notice and without a vote if a consent or consents in writing, setting forth the action so taken, is signed by
the holders of outstanding stock having not less than the minimum number of votes that would be necessary to authorize or take such action
at a meeting at which all shares of our stock entitled to vote thereon were present and voted, unless our certificate of incorporation
provides otherwise. Our bylaws preclude stockholder action by written consent.

Advance Notice Requirements for Stockholder Proposals and Nomination of Directors. Our bylaws require stockholders seeking to bring business before an annual meeting of stockholders,
or to nominate individuals for election as directors at an annual or special meeting of stockholders, to provide timely notice in writing.
To be timely, a stockholder’s notice must be delivered to and received by the secretary at our principal executive offices not later
than the close of business on the 90th day nor earlier than the close of business on the 120th day, prior to the anniversary of the preceding
year’s annual meeting. However, in the event no annual meeting was held in the previous year or the annual meeting is called for
a date that is not within 30 days before or after such anniversary date, notice by the stockholder to be timely must be so received not
later than the close of business on the 10th day following the day on which such notice of the date of the meeting was mailed or public
disclosure of the date of the meeting was made, whichever occurs first. Our bylaws also specify requirements as to the form and content
of a stockholder’s notice. These provisions may preclude