Company: SUNE
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001213900-25-017771
Chunk: 22

Company: SUNation Energy, Inc.
Filing Date: 2025-02-27
Form: 424B5
Chunk 22
---
.00 per share. Accordingly, we may be subject to a delisting in such circumstance,
and unless the Company were to timely request a hearing before a Hearings Panel, the Company’s securities would be subject to suspension/delisting.
We cannot give assurances that we would, in such circumstances, among others, that we will be able to regain or maintain our Nasdaq listing
compliance.

<div align='center'>S-7</div>

An investment in our common stock is highly speculative; holders of our common stock could suffer a total loss of their investment.

While the anticipated
proceeds of this offering are anticipated to be both sufficient to pay off our secured debt obligations and eliminate or reduce substantially
the concomitant monthly cash burden resulting from certain of such outstanding loans and promissory notes, and allow us to continue as
a going concern for the foreseeable future, circumstances, industry trends, as well as other facts and circumstances known or unknown
to us may cause this outlook to change in a substantial and negative manner.

Although we have met most
of our debt payment obligations to date, creditors under existing debt facilities may, if not repaid or significantly reduced following
this offering, secured lenders may exercise remedies following a failure to timely pay our obligations thereunder following any applicable
grace periods, including electing to accelerate the principal amount of the indebtedness, suing the Company for nonpayment or taking action
with respect to collateral where applicable. Any such creditor actions may result in events of default or cross defaults under the Company’s
other indebtedness agreements, and the potential exercise of remedies by the creditors under such agreements. The Company has been undertaking
capital cost-cutting measures, as well as exploring a number of potential strategic alternatives with respect to the Company’s corporate
or capital structure, including raising additional capital or restructuring its existing capital structure. The Company has begun to engage
in discussions with certain of its creditors regarding these initiatives, and the Company expects these activities will continue. Among
possible alternatives, the Company may explore liability management transactions, including exchanging its existing debt for equity or
additional debt, which transactions may be dilutive to holders of the Company’s common stock. These discussions may not result in
any agreement on commercially acceptable terms or at all. Furthermore, the Company may seek alternative sources of equity or debt financing,
delay capital expenditures or evaluate potential asset sales, and potentially could seek relief under the applicable bankruptcy or insolvency
laws. In the event of a bankruptcy proceeding or insolvency, or restructuring