Company: SUNE
Filing Date: 2025-02-27
Form Type: 424B5
Source: 0001213900-25-017771
Chunk: 28

Company: SUNation Energy, Inc.
Filing Date: 2025-02-27
Form: 424B5
Chunk 28
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 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.

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.

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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, (ii) any action asserting a claim of breach of a
fiduciary duty or other duty owed to our company by any director, officer, stockholder, employee or agent, and (iii) any action asserting
a claim arising pursuant to any provision of the DGCL, our certificate of incorporation, or our bylaws (as each of same may be amended
from time to time) will be the Delaware Court of Chancery and the federal and state courts located in the City, County and State of New
York, and the respective procedural laws of such courts shall govern all such actions and proceedings. In addition, our bylaws provide
that the sole and exclusive venue for any action or proceeding