Company: SUNE
Filing Date: 2025-08-18
Form Type: 424B5
Source: 0001213900-25-078001
Chunk: 50

Company: SUNation Energy, Inc.
Filing Date: 2025-08-18
Form: 424B5
Chunk 50
---
 our stockholders from bringing matters before our annual meeting of stockholders
or from making nominations for directors at our meetings of stockholders. These provisions may also discourage or deter a potential acquiror
from conducting a solicitation of proxies to elect the potential acquiror’s own slate of directors or otherwise attempting to obtain
control of our company.

Removal of Directors; Vacancies. Under the
DGCL, unless otherwise provided in the certificate of incorporation, directors serving on a classified board may be removed by the stockholders
only for cause. Our certificate of incorporation provides that directors may only be removed from office only for cause by the affirmative
vote of at least a majority of the total voting power of the outstanding shares of the capital stock of our company entitled to vote in
any annual election of directors or class of directors, voting together as a single class. In addition, our certificate of incorporation
provides that any newly created directorships resulting from an increase in the number of directors and any vacancies on our board of
directors resulting from death, resignation, retirement, disqualification, removal or other cause will be filled exclusively by a majority
vote of the directors then in office, even if less than a quorum, or by a sole remaining director, and not by stockholders.

Supermajority Provisions. Our certificate
of incorporation provides that our board of directors is expressly authorized to adopt, amend or repeal our bylaws without a stockholder
vote through the affirmative vote of at least a majority of the board of directors. In addition, our bylaws may be adopted, amended or
repealed by a majority of the stockholders in attendance at any meeting of stockholders that has been duly called for such purpose.

The DGCL provides generally that the affirmative
vote of a majority of the outstanding shares entitled to vote thereon, voting together as a single class, is required to amend a corporation’s
certificate of incorporation, , provided, however that certain actions in this regard may require a greater or lesser percentage of the
voting shareholders as provided in the DGCL, including under Section 242 thereof.

Meetings of Stockholders

No action that is required or permitted to be taken
by our stockholders may be taken without a meeting, and the power of stockholders to consent in writing, without a meeting, to the taking
of any action is specifically denied. A special meeting of stockholders may be called at any time only by our board of directors or our
CEO together with our COO