Company: SUNE
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029179
Chunk: 38

Company: SUNation Energy, Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 38
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us in electronic format, the information on these websites is not part of this prospectus supplement has not been
approved and/or endorsed by us or the placement agent and should not be relied upon by investors.

Lock-up Agreements

Our officers, directors
and certain stockholders have agreed to be subject to a lock-up period of ninety (90) days following the second closing of this offering.
This means that, during the applicable lock-up period, such persons may not offer for sale, contract to sell, sell, distribute, grant
any option, right or warrant to purchase, pledge, hypothecate or otherwise dispose of, directly or indirectly, any shares of our common
stock or any securities convertible into, or exercisable or exchangeable for, shares of our common stock. Certain limited transfers are
permitted during the lock-up period if the transferee agrees to these lock-up restrictions. We have also agreed to similar lock-up restrictions
on the issuance and sale of our securities for 90 days following the second closing of this offering, subject to certain exceptions.
The placement agent may, in its sole discretion and without notice, waive the terms of any of these lock-up agreements. We have also agreed
that until the six-month anniversary from the second closing of this offering we will not enter into a variable rate transaction
(as defined in the securities purchase agreement), subject to certain exceptions.

Other Relationships

The placement agent and its
affiliates have engaged, and may in the future engage, in investment banking transactions and other commercial dealings in the ordinary
course of business with us or our affiliates. The placement agent has received, or may in the future receive, customary fees and commissions
for these transactions.

In addition, in the ordinary
course of their business activities, the placement agent and its affiliates may make or hold a broad array of investments and actively
trade debt and equity securities (or related derivative securities) for their own account and for the accounts of their customers. Such
investments and securities activities may involve securities and/or instruments of ours or our affiliates. The placement agent and its
affiliates may also make investment recommendations and/or publish or express independent research views in respect of such securities
or financial instruments and may hold, or recommend to clients that they acquire, long and/or short positions in such securities and instruments.

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INCORPORATION OF CERTAIN informationBY REFERENCE</div>

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information and reports we file with