Company: SUNE
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001213900-25-017771
Chunk: 17

Company: SUNation Energy, Inc.
Filing Date: 2025-02-27
Form: 424B5
Chunk 17
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to wide fluctuations in response to, among other things, the risk factors described in this prospectus supplement, and other factors beyond
our control, such as fluctuations in the valuation of companies perceived by investors to be comparable to us. Furthermore, the stock
markets have experienced price and volume fluctuations that have affected and continue to affect the market prices of equity securities
of many companies. These fluctuations often have been unrelated or disproportionate to the operating performance of those companies. These
broad market and industry fluctuations, as well as general economic, political, and market conditions, such as recessions, interest rate
changes or international currency fluctuations, may negatively affect the market price of our common stock. In the past, many companies
that have experienced volatility in the market price of their stock have been subject to securities class action litigation. We may be
the target of this type of litigation in the future. Securities litigation against us could result in substantial costs and divert our
management’s attention from other business concerns, which could seriously harm our business.

We will require additional capital funding, the receipt of which may impair the value of our common stock.

Our future capital requirements depend on many
factors, including our research, development, sales and marketing activities. We will need to raise additional capital through public
or private equity or debt offerings or through arrangements with strategic partners or other sources. There can be no assurance that
additional capital will be available when needed or on terms satisfactory to us, if at all. To the extent we raise additional capital
by issuing equity securities, our stockholders may experience substantial dilution and the new equity securities may have greater rights,
preferences or privileges than our existing common stock.

We do not intend to pay dividends in the foreseeable future.

We have never paid cash dividends on our common
stock and currently do not plan to pay any cash dividends in the foreseeable future.

Purchasers in this offering may experience immediate and substantial dilution in net tangible book value.

The public offering price per share of the securities
offered by this prospectus supplement may be substantially higher than the pro forma as adjusted net tangible book value per share of
our common stock after giving effect to this offering. Assuming the sale of 13,043,480 shares of common stock and common stock issuable
under the Pre-Funded Warrants, at an assumed public offering price of $1.15 per share, which was the closing price of our common stock
as reported on Nasdaq on February 26, 2025, assuming no sale