Company: SUNE
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029179
Chunk: 17

Company: SUNation Energy, Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 17
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There is no public market for the common warrants being offered in this offering.

There is no established public trading market
for the common warrants being offered in this offering, and we do not expect a market to develop. In addition, we do not intend to apply
to list the common warrants on any securities exchange or nationally recognized trading system, including The Nasdaq Stock Market. Without
an active market, the liquidity of the common warrants will be limited.

Holders of our common warrants will have no rights as a common stockholder until they acquire our common stock.

Until holders of our common warrants acquire shares
of our common stock upon exercise of such common warrants, the holders will have no rights with respect to shares of our common stock
issuable upon exercise of such common warrants. Upon exercise of the common warrants, holders will be entitled to exercise the rights
of a common stockholder only as to matters for which the record date occurs after the exercise date.

If we do not maintain a current and effective prospectus relating to the common stock issuable upon exercise of the common warrants, public holders will only be able to exercise such common warrants on a“ cashless basis.”

If we do not maintain a current and effective prospectus
relating to the shares of common stock issuable upon exercise of the common warrants at the time that holders wish to exercise such warrants,
they will only be able to exercise them on a “cashless basis,” and under no circumstances would we be required to make
any cash payments or net cash settle such warrants to the holders. As a result, the number of shares of common stock that holders will
receive upon exercise of the common warrants will be fewer than it would have been had such holders exercised their common warrants
for cash. We will do our best efforts to maintain a current and effective prospectus relating to the shares of common stock issuable upon
exercise of such warrants until the expiration of such warrants. However, we cannot assure you that we will be able to do so. If we are
unable to do so, the potential “upside” of the holder’s investment in our company may be reduced.

The common warrants are speculative in nature.

The common warrants offered hereby do not confer
any rights of common stock ownership on their holders, such as voting rights or the right to receive dividends, but rather merely represent
the right to acquire shares of common stock at a fixed price. Moreover, following this offering, the market value of the common warrants
will be uncertain and there can be no assurance