Company: SUNE
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029179
Chunk: 35

Company: SUNation Energy, Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 35
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arrants 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
B Warrants will be entitled to receive upon exercise of the Series B Warrants the kind and amount of securities, cash or other property
that the holders would have received had they exercised the Series B Warrants immediately prior to such fundamental transaction. In the
case of certain fundamental transactions affecting us, a holder of Series B 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 B Warrants been
exercised immediately prior to such fundamental transaction. In lieu of such consideration, a holder of Series B Warrants may instead
elect to receive a cash payment based upon the Black-Scholes value of their Series B Warrants.

Rights as a Stockholder.
Except by virtue of such holder’s ownership of shares of our common stock, the holder of a Series B 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 B Warrant.

<div align='center'>S-16

PLAN OF DISTRIBUTION</div>

Roth Capital Partners, LLC
(the “placement agent”) has agreed to act as our exclusive placement agent in connection with this offering on a
reasonable best efforts basis subject to the terms and conditions of the placement agency agreement dated February 27, 2025. The
placement agent is not purchasing or selling any securities, nor are they required to arrange for the purchase and sale of any
specific number or dollar amount of securities, other than to use its reasonable best efforts to arrange for the sale of the
securities by us. Therefore, we may not sell the entire amount of securities being offered. There is no minimum amount of
proceeds that is a condition to the first closing or the second closing of this offering. The placement agent does not guarantee
that it will be able to raise new capital