Company: SUNE
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029179
Chunk: 18

Company: SUNation Energy, Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 18
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 that the market value of the common warrants will equal or exceed their public offering
price. There can be no assurance that the market price of the common stock will ever equal or exceed the exercise price of the common
warrants, and consequently, whether it will ever be profitable for holders of the common warrants to exercise the common warrants.

<div align='center'>S-5</div>

This is a“ reasonable best efforts” offering. No minimum amount of securities is required to be sold, and we may not raise the amount of capital we believe is required for our business plans, including our near-term business plans.

The placement agent has agreed to use their
reasonable best efforts to solicit offers to purchase the securities in this offering. The placement agent has no obligation to
buy any of the securities from us or to arrange for the purchase or sale of any specific number or dollar amount of the securities.
There is no required minimum number of securities that must be sold as a condition to the completion of this offering. Because
there is no minimum offering amount required as a condition to the first closing or the second closing of this offering, the
actual offering amount, placement agent fees and proceeds to us are not presently determinable and may be substantially less than
the maximum amounts set forth above. We may sell fewer than all of the securities offered hereby, which may significantly reduce the
amount of proceeds received by us, and investors in this offering will not receive a refund in the event that we do not sell an
amount of securities sufficient to support our continued operations, including our near-term continued operations.

We may be required to repurchase the common warrants, which may prevent or deter a third party from acquiring us.

The common warrants provide that in the event of
a “Fundamental Transaction” (as defined in the related warrant agreement, which generally includes any merger with another
entity, the sale, transfer or other disposition of all or substantially all of our assets to another entity, or the acquisition by a person
of more than 50% of our common stock), each common warrant holder will have the right at any time concurrently with, or within 30 days
after, the consummation of the Fundamental Transaction (or, if later, the date of the public announcement of the applicable Fundamental
Transaction), to require us to repurchase the common warrant for a purchase price in cash equal to the Black-Scholes value (as calculated
under the warrant agreement) of the then remaining unexercised portion of such common warrant on the