Company: SUNE
Filing Date: 2025-04-17
Form Type: 8-K
Source: 0001213900-25-032666
Chunk: 3

Company: SUNation Energy, Inc.
Filing Date: 2025-04-17
Form: 8-K
Chunk 3
---
 the Company amended its Certificate of Incorporation (“Certificate of Amendment”) to implement a one-for-two
hundred reverse stock split. The Company’s common stock will began trading on a split-adjusted basis when the market opens on April
21. 2025 (the “Effective Date”). The Board of Directors of the Company approved the amendment to the Company’s Certificate
of Incorporation primarily to meet the share bid price requirements of the NASDAQ Capital Market. The Company’s stockholders approved
the Certificate of Amendment at a special meeting of its stockholders held on April 3, 2025.

As
a result of the reverse stock split, at 12:01 a.m. Central Time on the Effective Date, every 200 shares of common stock then issued and
outstanding automatically will be combined into one share of common stock, with no change in par value per share. No fractional shares
will be outstanding following the reverse stock split, and any fractional shares that would have resulted from the reverse stock split
will be rounded up to the nearest whole share. The text of the Certificate of Amendment of the Certificate of Incorporation of the Company
that effected the foregoing actions is attached hereto as Exhibit 3.1 and incorporated herein by reference.

The
trading symbol for the Company’s common stock will remain “SUNE.” The Company was assigned a new CUSIP number (72303P503)
in connection with the reverse split. All options, warrants and other convertible securities of the Company outstanding immediately prior
to the effectiveness of the Certificate of Amendment will be adjusted in accordance with the terms of the plans, agreements or arrangements
governing such options, warrants and other convertible securities and subject to rounding to the nearest whole share.

<div align='center'>1</div>

Item 7.01 Regulation FD Disclosure

On
April 16, 2025, the Company issued a press release announcing the reverse stock split. A copy of the press release is furnished as Exhibit
99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information set forth in Item 7.01 of this report
shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference in any of
the Company’s filings with the Securities and Exchange Commission under the Exchange Act or