Company: SUNE
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001213900-25-017771
Chunk: 103

Company: SUNation Energy, Inc.
Filing Date: 2025-02-27
Form: 424B5
Chunk 103
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 will not have any rights of holders of the debt securities that can be purchased
upon exercise, including any rights to receive payments of principal, premium or interest on the underlying debt securities or to enforce
covenants in the applicable indenture. Until any warrants to purchase common stock or preferred stock are exercised, the holders of the
warrants will not have any rights of holders of the underlying common stock or preferred stock, including any rights to receive dividends
or payments upon any liquidation, dissolution or winding up on the common stock or preferred stock, if any.

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DESCRIPTION OF STOCK PURCHASE CONTRACTS</div>

We may issue stock purchase contracts, including
contracts obligating holders to purchase from us and contracts obligating us to sell to the holders, a specified number of shares of common
stock or other securities at a future date or dates. The price per share of the securities and the number of shares of the securities
may be fixed at the time the stock purchase contracts are issued or may be determined by reference to a specific formula set forth in
the stock purchase contracts. The stock purchase contracts may be issued separately or as part of units consisting of a stock purchase
contract and warrants or other securities or debt obligations of third parties, including U.S. treasury securities, securing the holders’
obligations to purchase the securities under the stock purchase contracts. The stock purchase contracts may require us to make periodic
payments to the holders of the stock purchase contracts or vice versa, and such payments may be unsecured or prefunded on some basis.
They may also require holders to secure their obligations thereunder in a specified manner and in certain circumstances we may deliver
newly issued prepaid stock purchase contracts, or prepaid securities, upon release to a holder of any collateral securing such holder’s
obligations under the original stock purchase contract.

The stock purchase contracts, and, if applicable,
collateral or depositary arrangements will be filed with the SEC in connection with the offering of stock purchase contracts. The prospectus
supplement and any incorporated documents relating to any stock purchase contracts that we offer will include specific terms relating
to the offering, including, among other matters:

| ● | If applicable, a discussion of material U.S. federal income tax considerations; and |

| ● | Any other information we think important about the stock purchase contracts. |

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DESCRIPTION OF RIGHTS</div>

We may issue rights to purchase our common stock.
The rights may or may not be transfer