Company: SUNE
Filing Date: 2025-08-18
Form Type: 424B5
Source: 0001213900-25-078001
Chunk: 69

Company: SUNation Energy, Inc.
Filing Date: 2025-08-18
Form: 424B5
Chunk 69
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stream interfaces with domestic securities markets in
several countries. As a professional depositary, Clearstream is subject to regulation by the Luxembourg Commission for the Supervision
of the Financial Sector (Commission de Surveillance du Secteur Financier). Clearstream Participants are recognized financial institutions
around the world, including underwriters, securities brokers and dealers, banks, trust companies, clearing corporations and certain other
organizations. Clearstream’s U.S. Participants are limited to securities brokers and dealers and banks. Indirect access to Clearstream
is also available to others, such as banks, brokers, dealers and trust companies that clear through or maintain a custodial relationship
with a Clearstream Participant either directly or indirectly.

Distributions with respect to debt securities held
beneficially through Clearstream will be credited to cash accounts of Clearstream Participants in accordance with its rules and procedures,
to the extent received by the U.S. Depositary for Clearstream.

Euroclear

We understand that Euroclear was created in 1968
to hold securities for participants of Euroclear, or “Euroclear Participants,” and to clear and settle transactions between
Euroclear Participants through simultaneous electronic book-entry delivery against payment, thereby eliminating the need for physical
movement of certificates and any risk from lack of simultaneous transfers of securities and cash. Euroclear performs various other services,
including securities lending and borrowing and interacts with domestic markets in several countries. Euroclear is operated by Euroclear
Bank S.A./N.V., or the “Euroclear Operator,” under contract with Euroclear plc, a U.K. corporation. All operations are conducted
by the Euroclear Operator, and all Euroclear securities clearance accounts and Euroclear cash accounts are accounts with the Euroclear
Operator, not Euroclear plc. Euroclear plc establishes policy for Euroclear on behalf of Euroclear Participants. Euroclear Participants
include banks, including central banks, securities brokers and dealers and other professional financial intermediaries. Indirect access
to Euroclear is also available to other firms that clear through or maintain a custodial relationship with a Euroclear Participant, either
directly or indirectly. Euroclear is an indirect participant in DTC.

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The Euroclear Operator is a Belgian bank. As such
it is regulated by the Belgian Banking and Finance Commission and the National Bank of Belgium.

Securities clearance accounts and cash accounts
with the Euroclear Operator are governed by the Terms and Conditions Governing Use of Euroclear and the related Operating Procedures of
the Euroclear