Company: SUNE
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029179
Chunk: 84

Company: SUNation Energy, Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 84
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 Debt will be made according to the priorities existing among those holders. Notwithstanding the
subordination provisions discussed in this paragraph, holders of subordinated debt securities will not be required to pay, or transfer
payments or distributions to, holders of Senior Debt so long as:

| ● | the payments or distributions consist of securities issued by us or another company in connection with a plan of reorganization or readjustment; and |

| ● | payment on those securities is subordinated to outstanding Senior Debt and any securities issued with respect to Senior Debt under such plan of reorganization or readjustment at least to the same extent provided in the subordination provisions of those subordinated debt securities. |

| ● | Because of the subordination, if we become insolvent, holders of Senior Debt may receive more, ratably, and holders of the subordinated debt securities having a claim pursuant to those securities may receive less, ratably, than our other creditors. |

We may modify or amend the subordinated indenture
as provided under “- Modification and Waiver” above. However, the modification or amendment may not, without the consent of
the holders of all Senior Debt outstanding, modify any of the provisions of the subordinated indenture relating to the subordination of
the subordinated debt securities in a manner that would adversely affect the holders of Senior Debt.

Payment of Additional Amounts

Unless we specify otherwise in the applicable prospectus
supplement, we will not pay any additional amounts on the debt securities offered thereby to compensate any beneficial owner for any United
States tax withheld from payments on such debt securities.

Book-Entry, Delivery and Form

We have obtained the information in this section
concerning DTC, Clearstream Banking S.A., or “Clearstream,” and Euroclear Bank S.A./N.V., as operator of the Euroclear System,
or “Euroclear,” and the book-entry system and procedures from sources that we believe to be reliable, but we take no responsibility
for the accuracy of this information. This information could change at any time. In addition, we have no control over DTC, Clearstream
or Euroclear, or any of their participants, and therefore we take no responsibility for their activities.

Unless otherwise specified in the applicable prospectus
supplement, the debt securities will be issued as fully registered global securities that will be deposited with, or on behalf of, DTC
and registered, at the request of DTC, in the name of Cede & Co. Beneficial