Company: SUNE
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029179
Chunk: 70

Company: SUNation Energy, Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 70
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 made for our stock, MBCA Section 302A.675                                                                             
 (Takeover offer; fair price) precludes the offeror from acquiring additional shares of stock (including in acquisitions pursuant to mergers, 
 consolidations or statutory share exchanges) within two years following the completion of the takeover offer, unless shareholders selling    
 their shares in the later acquisition are given the opportunity to sell their shares on terms that are substantially the same as those       
 contained in the earlier takeover offer. A “takeover offer” is a tender offer that results in an offeror who owned ten percent               
 or less of a class of our shares acquiring more than ten percent of that class, or that results in the offeror increasing its beneficial     
 ownership of a class of our shares by more than ten percent of the class, if the offeror owned ten percent or more of the class before       
 the takeover offer. Section 302A.675 does not apply if a committee of our board of directors formed in accordance with Section 302A.675      
 approves the proposed acquisition before any shares are acquired pursuant to the earlier tender offer.                                       |

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DESCRIPTION OF DEBT SECURITIES</div>

This section describes the general terms and provisions
of our debt securities, which could be senior debt securities or subordinated debt securities. A prospectus supplement will describe the
specific terms of the debt securities offered through that prospectus supplement and any general terms outlined in this section that will
not apply to those debt securities.

The senior debt securities will be issued under
an indenture, referred to herein as the “senior indenture,” between us and the trustee named in the applicable prospectus
supplement. The subordinated debt securities will be issued under an indenture, referred to herein as the “subordinated indenture,”
between us and the trustee named in the applicable prospectus supplement.

We have summarized the anticipated material terms
and provisions of the senior and subordinated indentures in this section. We have also filed the forms of the indentures summarized in
this section as exhibits to the registration statement of which this prospectus is a part. You should read the applicable indenture for
additional information before you buy any debt securities. The summary that follows includes references to section numbers of the indentures
so that you can more easily locate these provisions.

General

The debt securities will be our direct unsecured
obligations. Neither of the indentures limits the amount of debt securities that we may issue. Both