Company: SUNE
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029179
Chunk: 37

Company: SUNation Energy, Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 37
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 $4.6
million after deducting placement agent fees and other estimated offering expenses payable by us for related to this second closing.

Determination of Offering Price

The public offering price and the exercise
prices and other terms of the warrants were negotiated between us and the investors, in consultation with the placement agent based
on the trading of our common stock prior to this offering, among other things. Other factors considered in determining the public
offering prices of the securities we are offering and the exercise prices and other terms of the warrants include the history and
prospects of our company, the stage of development of our business, our business plans for the future and the extent to which they
have been implemented, an assessment of our management, general conditions of the securities markets at the time of the offering and
such other factors as were deemed relevant. The combined public offering price per share of the common stock (or Pre-Funded Warrant)
and common warrants will be fixed for the duration of this offering.

Indemnification

We have agreed to indemnify
the placement agent against certain liabilities, including certain liabilities arising under the Securities Act, or to contribute to payments
that the placement agent may be required to make for these liabilities.

<div align='center'>S-17</div>

Regulation M

The placement agent may be
deemed to be underwriters within the meaning of Section 2(a)(11) of the Securities Act and any fees received by them and any profit realized
on the sale of the securities by them while acting as principal might be deemed to be underwriting discounts or commissions under the
Securities Act. The placement agent will be required to comply with the requirements of the Securities Act and the Exchange Act of 1934,
as amended (the “Exchange Act”), including, without limitation, Rule 10b-5 and Regulation M under the Exchange Act. These
rules and regulations may limit the timing of purchases and sales of our securities by the placement agent. Under these rules and regulations,
the placement agent may not (i) engage in any stabilization activity in connection with our securities; and (ii) bid for or purchase any
of our securities or attempt to induce any person to purchase any of our securities, other than as permitted under the Exchange Act, until
they have completed their participation in the distribution.

Electronic Distribution

A prospectus in electronic
format may be made available on a website maintained by the placement agent and the placement agent may distribute prospectuses electronically.
Other than the prospect