Company: SUNE
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029179
Chunk: 27

Company: SUNation Energy, Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 27
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 it more difficult for a person to remove or change the incumbent members of our board of directors.

Authorized but Unissued Shares. The authorized
but unissued shares of our common stock and preferred stock are available for future issuance without stockholder approval except as required
by law or by any stock exchange on which our common stock may be listed. These additional shares may be utilized for a variety of corporate
purposes, including future public offerings to raise additional capital, acquisitions and employee benefit plans. The existence of authorized
but unissued shares of common stock or preferred stock may enable our board of directors to render more difficult or to discourage an
attempt to obtain control of us by means of a merger, tender offer, proxy contest or otherwise.

Board Classification. Our certificate of
incorporation provides that our board of directors is divided into three classes of directors, with the classes to be as nearly equal
in number as possible, and with the directors serving three-year terms. As a result, approximately one-third of our board of directors
is elected each year. The classification of directors has the effect of making it more difficult for stockholders to change the composition
of our board of directors.

No Cumulative Voting. Holders of our common
stock do not have cumulative voting rights in the election of directors.

Special Meetings of Stockholders. Our bylaws
provide that a special meeting of stockholders may be called at any time only by our board of directors or our CEO together with our COO
or CFO.

<div align='center'>S-12</div>

Stockholder Action by Written Consent. Pursuant
to Section 228 of the DGCL, any action required to be taken at any annual or special meeting of the stockholders may be taken without
a meeting, without prior notice and without a vote if a consent or consents in writing, setting forth the action so taken, is signed by
the holders of outstanding stock having not less than the minimum number of votes that would be necessary to authorize or take such action
at a meeting at which all shares of our stock entitled to vote thereon were present and voted, unless our certificate of incorporation
provides otherwise. Our bylaws preclude stockholder action by written consent.

Advance Notice Requirements for Stockholder Proposals and Nomination of Directors. Our bylaws require stockholders seeking to bring business before an annual meeting of stockholders,
or to nominate individuals for election as directors at an annual or special meeting of stockholders, to provide timely notice in writing.
To be