Company: SUNE
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001213900-25-017771
Chunk: 40

Company: SUNation Energy, Inc.
Filing Date: 2025-02-27
Form: 424B5
Chunk 40
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 basis subject to the terms and conditions of the placement agency agreement dated February 27, 2025. The
placement agent is not purchasing or selling any securities, nor are they required to arrange for the purchase and sale of any
specific number or dollar amount of securities, other than to use its reasonable best efforts to arrange for the sale of the
securities by us. Therefore, we may not sell the entire amount of securities being offered. There is no minimum amount of
proceeds that is a condition to the first closing or the second closing of this offering. The placement agent does not guarantee
that it will be able to raise new capital in this offering. The terms of this offering were subject to market conditions and
negotiations between us and prospective investors in consultation with the placement agent. The placement agent will have
no authority to bind us. We will enter into a securities purchase agreement directly with the institutional investors, at the
investor’s option, who purchase our securities in this offering. Investors who do not enter into a securities purchase
agreement shall rely solely on this prospectus supplement in connection with the purchase of our securities in this offering. The
placement agent may engage one or more sub-placement agents or selected dealers to assist with the offering.

Fees and Expenses

We have agreed to pay the
placement agent a total cash fee equal to 7.50% of the gross proceeds of this offering at each closing of this offering.

|                                  |     | Per Share |         |     | Per                
 Pre-Funded Warrant |          |     | Total |               |
|:---------------------------------|:----|:----------|--------:|:----|:-------------------|---------:|:----|:------|--------------:|
| Offering price                   |     | $         |    1.15 |     | $                  |    1.149 |     | $     | 14,988,923.52 |
| Placement agent fees (7.5%)      |     | $         | 0.08625 |     | $                  | 0.086175 |     | $     |  1,124,169.26 |
| Proceeds, before expenses, to us |     | $         | 1.06375 |     | $                  | 1.062825 |     | $     | 13,864,754.26 |

We will reimburse the placement
agent for expenses (with supporting invoices/receipts) an aggregate