Company: SUNE
Filing Date: 2025-04-07
Form Type: 424B5
Source: 0001213900-25-029179
Chunk: 10

Company: SUNation Energy, Inc.
Filing Date: 2025-04-07
Form: 424B5
Chunk 10
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 this prospectus supplement, in the accompanying prospectus and in the documents incorporated by reference herein and therein. This summary is not complete and does not contain all the information you should consider before investing in our securities pursuant to this prospectus supplement and the accompanying prospectus. Before making an investment decision, to fully understand this offering and its consequences to you, you should carefully read this entire prospectus supplement and the accompanying prospectus, including “Risk Factors,” the financial statements, and related notes, and the other information incorporated by reference herein and therein. When used herein, unless the context requires otherwise, references to the “Company,” “we,” “our” and “us” refer to SUNation Energy, Inc., a Delaware corporation.

Company Overview

Our vision is to power the energy transition through
grass-roots growth of solar electricity paired with battery storage. We are a growing domestic operator and consolidator of residential
and commercial solar, battery storage, and grid services solutions. Our strategy is focused on acquiring, integrating, and growing leading
local and regional solar, storage, and energy services companies nationwide.

Today, we are primarily engaged in the sale, design,
and installation of photovoltaic solar energy systems and battery storage systems through our Hawaii-based Hawaii Energy Connection and
New York-based SUNation entities. We install systems that provide clean, reliable solar energy typically at savings relative to traditional
utility offerings. Our primary customers are residential homeowners, commercial owners, municipal and institutional customers, as well
as owners of pre-existing photovoltaic and energy storage systems that are in need of service.

Corporate Information

We are currently a Delaware corporation, initially
organized in 1969, that operates directly and through our subsidiaries located in the United States (“U.S.”). On November
4, 2024, we held a special meeting of our stockholders, at which our stockholders voted on three proposals: a proposal to re-domesticate
the Company from Minnesota to Delaware, to change our Company name to SUNation Energy, Inc. and on an adjournment proposal, each of which
was approved by our stockholders pursuant to Section 14(a) of the Securities Exchange Act of 1934, as amended. On November 14, 2024, we
filed articles of conversion with the Secretary of State of the State of Minnesota and filed a certificate of conversion with the Secretary
of State of the State of Delaware changing the Company’s jurisdiction of incorporation from Minnesota to Delaware (the “Reincorporation”),