Company: SUNE
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001213900-25-017771
Chunk: 50

Company: SUNation Energy, Inc.
Filing Date: 2025-02-27
Form: 424B5
Chunk 50
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 3 of this prospectus, and any other risk factors described in a prospectus supplement and in the documents incorporated herein and therein by reference, for a discussion of certain factors that you should carefully consider before deciding to invest in our common stock.                                                                                                                                                                                                                                                                                                                            |
| Nasdaq Capital Market Symbol |     | PEGY                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |

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RISK FACTORS</div>

Investment in any securities offered pursuant to this prospectus and the applicable prospectus supplement involves a high degree of risk. You should carefully consider the risk factors included in, or incorporated by reference into, this prospectus, as updated by our subsequent filings under the Exchange Act, and the risk factors and other information contained in the applicable prospectus supplement before acquiring any of such securities. Additional risks and uncertainties not presently known to us or that are currently not believed to be significant to our business may also affect our actual results and could harm our business, financial condition and results of operations. The occurrence of any of these risks might cause you to lose all or part of your investment in the offered securities.

Risks Related to This Offering and Our Common Stock

The market price for our common stock has experienced significant price and volume volatility and is likely to continue to experience significant volatility in the future, which may cause the value of any investment in our common stock to decline.

Our stock price and the stock prices of companies
similar to us have been highly volatile. In addition, stock markets generally have recently experienced volatility. Our stock price has
experienced significant price and volume volatility , and our stock price is likely to experience significant volatility in the future.
On January 3, 2022 (the first trading day of 2022), March 25, 2022 (the trading day prior to the closing of the merger of Commercial Systems,
Inc. and Pineapple Energy LLC) and August 24, 2022, the last reported sale price for our common stock on the Nasdaq Capital Market was
$9.80, $8.89 and $3.31 per share, respectively. The price of our common stock may decline and the value of any investment in our common
stock may be reduced regardless of our performance. Further, the daily trading volume of our common stock has historically been relatively
low. As a result of the low volume, our shareholders may be unable to sell significant quantities of common stock in the public trading
markets without a significant reduction in the price of our common shares. The trading price