Company: SUNE
Filing Date: 2025-08-18
Form Type: 424B5
Source: 0001213900-25-078001
Chunk: 17

Company: SUNation Energy, Inc.
Filing Date: 2025-08-18
Form: 424B5
Chunk 17
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. We rely
on access to capital, including through equity financing, convertible notes, revenue loans and other forms of debt facilities, asset-backed
securities and loan-backed securities, to cover the costs related to bringing our solar energy systems in service.

<div align='center'>S-5</div>

To meet the capital and liquidity needs of our
business, we will need to obtain additional debt or equity financing from current and new investors. We have limited cash resources with
which to operate our business and we may have difficulty in accessing financing on a timely basis or at all. The contract terms in certain
of our existing investment and securities documents contain various conditions, penalty and liquidated damages clauses. If we are not
able to satisfy such conditions due to events related to our business, a specific investment fund, developments in our industry, including
tax or regulatory changes, or otherwise, and as a result, we are unable to draw on existing funding commitments or raise capital through
equity, equity derivative or debt instruments, we could experience a material adverse effect on our business, liquidity, financial condition,
results of operations and prospects. Any delays in accessing financing could have an adverse effect on our ability to pay our operational
expenses, make capital expenditures, repay loans and fund other general corporate purposes. Further, our flexibility in planning for
and reacting to changes in our business may be limited and our vulnerability to adverse changes in general economic, industry, regulatory
and competitive conditions may be increased.

If any of our previous or current debt or equity
investors decide not to invest in us in the future for any reason or decide to invest at levels inadequate to support our anticipated
needs or materially change the terms under which they are willing to provide future financing, we will need to identify new investors
and financial institutions to provide financing and negotiate new financing terms. In addition, our ability to obtain additional financing
through the asset-backed securities market, loan-backed securities market or other secured debt markets is subject to our having sufficient
assets eligible for securitization as well as our ability to obtain appropriate credit ratings. If we are unable to raise additional
capital in a timely manner, our ability to meet our capital needs and fund future growth and profitability may be limited.

Delays in obtaining financing could cause delays
in expansion in existing markets or entering into new markets and hiring additional personnel. Any future delays in capital raising could
similarly cause us to delay deployment of a substantial number of solar energy systems for which we have signed solar service agreements