Company: SUNE
Filing Date: 2025-08-18
Form Type: 424B5
Source: 0001213900-25-078001
Chunk: 47

Company: SUNation Energy, Inc.
Filing Date: 2025-08-18
Form: 424B5
Chunk 47
---
 or discourage an attempt to obtain control of our company by means of a merger, tender offer, proxy contest or otherwise,
and could thereby protect the continuity of our management and possibly deprive stockholders of opportunities to sell their shares of
common stock at prices higher than prevailing market prices.

Common Stock

Holders of our common stock are entitled to one
vote for each share held of record on all matters voted upon by our stockholders and do not have cumulative voting rights. All matters
including the election of directors will be determined by a majority of the votes cast in person or represented by proxy, except to the
minimum extent otherwise required by the DGCL. However, except as otherwise required by law, holders of common stock are not entitled
to vote on any amendment to our certificate of incorporation that that relates solely to the terms of our preferred stock if the holders
of the preferred stock are entitled to vote separately thereon by law or pursuant to this certificate of incorporation.

Except as otherwise provided by the DGCL or our
certificate of incorporation and subject to the rights of holders of any series of preferred stock, holders of our common stock are entitled
to receive dividends declared by our board of directors out of funds legally available for the payment of dividends. In the event of any
liquidation, dissolution or winding-up of our affairs, holders of common stock will be entitled to share ratably in our assets that are
remaining after payment of all liabilities and liquidation preference on any outstanding preferred stock.

<div align='center'>14</div>

Our certificate of incorporation does not entitle
holders of our common stock to preemptive or conversion rights or other subscription rights. There are no redemption or sinking fund provisions
applicable to our common stock.

All outstanding shares of our common stock are
fully paid and nonassessable.

The transfer agent and registrar for our common
stock is Equiniti Trust Company, 1110 Centre Pointe Curve, Suite 101, South St. Paul, Minnesota 55120-4100.

Our common stock is currently listed on The Nasdaq
Stock Market LLC under the trading symbol “SUNE.”

Quorum

Unless otherwise required by law or our certificate
of incorporation, at any meeting of stockholders, one-third of our outstanding stock exclusive of treasury stock shall constitute a quorum
at meetings of the stockholders.

Exclusive Jurisdiction of Certain Actions

Our bylaws provide that the sole and exclusive
venues for (i) any derivative action or proceeding brought on behalf of our company