Company: SUNE
Filing Date: 2025-08-18
Form Type: 424B5
Source: 0001213900-25-078001
Chunk: 36

Company: SUNation Energy, Inc.
Filing Date: 2025-08-18
Form: 424B5
Chunk 36
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 common stock and/or common stock equivalents other than in connection with certain
exempt issuances, at a purchase price per share less than the exercise price of the common warrants in effect immediately prior to such
issuance or sale or deemed issuance or sale, then simultaneously with the consummation (or, if earlier, the announcement) of each such
issuance or sale or deemed issuance or sale, the exercise price of the common warrants then in effect will be reduced to an amount equal
to the new issuance price, and the number of shares issuable upon exercise will be proportionately adjusted such that the aggregate price
will remain unchanged, provided that, the adjusted exercise price shall not be less than twenty percent of the “Minimum Price”
under Nasdaq rules (subject to adjustment for reverse and forward stock splits, recapitalizations and similar transactions following the
Issue Date). As of April 21, 2025, we had 652,174 shares of the common stock that may be issued upon the exercise of outstanding warrants,
all of which are fully exercisable.

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Resales of our common stock in the public market during an offering by our stockholders may cause the market price of our common stock to fall.

We may issue common or preferred stock from time
to time in connection with an offering. The issuance from time to time of these new shares, or our ability to issue these shares, could
result in resales of our by our current stockholders concerned about the potential dilution of their holdings. In turn, these resales
could have the effect of depressing the market price for our common stock.

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Our shares will be subject to potential delisting if we do not maintain the listing requirements of the Nasdaq Capital Market.

The shares of our common stock are listed on the
Nasdaq Capital Market, or Nasdaq. Nasdaq has rules for continued listing, including, without limitation, minimum market capitalization
and other requirements. Failure to maintain our listing, or de-listing from Nasdaq, would make it more difficult for shareholders to dispose
of our common stock and more difficult to obtain accurate price quotations on our common stock. This could have an adverse effect on the
price of our common stock. Our ability to issue additional securities for financing or other purposes, or otherwise to arrange for any
financing we may need in the future, may also be materially and adversely affected if our common stock is not traded on a national securities
exchange. On