Company: SUNE
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001213900-25-017771
Chunk: 34

Company: SUNation Energy, Inc.
Filing Date: 2025-02-27
Form: 424B5
Chunk 34
---
 align='center'>S-15</div>

Transferability. Subject
to applicable laws, the Series A Warrants may be offered for sale, sold, transferred or assigned at the option of the holder upon surrender
of the Series A Warrants to us together with the appropriate instruments of transfer.

Exchange Listing. We
do not plan on applying to list the Series A Warrants on the Nasdaq Capital Market, any other national securities exchange or any
other nationally recognized trading system.

Fundamental Transactions.
In the event of a fundamental transaction, as described in the Series A Warrants and generally including any reorganization, recapitalization
or reclassification of our common stock, the sale, transfer or other disposition of all or substantially all of our properties or assets,
our consolidation or merger with or into another person, the acquisition of more than 50% of our outstanding common stock, or any person
or group becoming the beneficial owner of 50% of the voting power represented by our outstanding common stock, the holders of the Series
A Warrants will be entitled to receive upon exercise of the Series A Warrants the kind and amount of securities, cash or other property
that the holders would have received had they exercised the Series A Warrants immediately prior to such fundamental transaction. In the
case of certain fundamental transactions affecting us, a holder of Series A Warrants, upon exercise of such warrants after such fundamental
transaction, will have the right to receive, in lieu of shares of our common stock, the same amount and kind of securities, cash or property
that such holder would have been entitled to receive upon the occurrence of the fundamental transaction, had the Series A Warrants been
exercised immediately prior to such fundamental transaction. In lieu of such consideration, a holder of Series A Warrants may instead
elect to receive a cash payment based upon the Black-Scholes value of their Series A Warrants.

Rights as a Stockholder.
Except by virtue of such holder’s ownership of shares of our common stock, the holder of a Series A Warrant does not have the rights
or privileges of a holder of our common stock, including any voting rights, until the holder exercises the Series A Warrant.

Series B Warrant

Form. The Series B
Warrants will be issued as individual warrant agreements to the investors. You should review the form of Series B Warrant, for a complete
description of the terms and conditions applicable to the Series B Warrants.

Exercisability. Series
B Warrants