Company: SUNE
Filing Date: 2025-03-07
Form Type: 8-K
Source: 0001013762-25-000229
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Company: SUNation Energy, Inc.
Filing Date: 2025-03-07
Form: 8-K
Item: Item 5.02
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Item 5.02

Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

On March 3, 2025, Andrew
Childs, our interim Chief Financial Officer, informed SUNation Energy, Inc. (the “ Company”) and its Board of Directors (the
“ Board”) of his intention to resign as the interim Company’s Chief Financial Officer, effective at the close of business
on March 6, 2025. Mr. Childs has served as the Interim CFO since September 4, 2024. Mr. Childs’ resignation is not the result of
any dispute or disagreement with the Company, including with respect to any matters relating to the Company’s accounting practices,
operations, policies or financial reporting.

On March 5, 2025, following
Mr. Childs’ resignation, the Company’s Board of Directors appointed James Brennan to fill the role of Chief Financial Officer
of the Company, effective immediately, which shall be in addition to his role serving as the Chief Operating Officer. Ms. Kristin Hlavka
will continue in her role as the Company’s Chief Accounting Officer, and will assist Mr. Brennan in connection with his expanded
role with the Company.

Forward-Looking Statements

Certain
information contained in this Current Report on Form 8-K includes “forward-looking statements” within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We may in some cases
use terms such as “predicts,” “believes,” “potential,” “continue,” “anticipates,”
“estimates,” “expects,” “plans,” “intends,” “may,” “could,” “might,”
“likely,” “will,” “should” or other words that convey uncertainty of the future events or outcomes
to identify these forward-looking statements. Our forward-looking statements are based on current beliefs and expectations of our management
team that involve risks, potential changes in circumstances, assumptions, and uncertainties, including statements regarding the Company’s
intent to file for a hearing before the Panel, our ability to regain compliance with the Nasdaq continued listing requirements, and our
financial condition, growth and strategies. Any or all of the forward-looking statements may turn out to be wrong or be affected by assumptions
we make that later turn out to be incorrect, or by known