Company: SUNE
Filing Date: 2025-02-27
Form Type: 8-K
Source: 0001213900-25-017666
Chunk: 2

Company: SUNation Energy, Inc.
Filing Date: 2025-02-27
Form: 8-K
Item: Item 1.01
Chunk 2
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 February 27, 2025, between the Company and Roth Capital Partners, LLC (“ Roth”), the Company engaged
Roth to act as the Company’s exclusive placement agent in connection with the Offering. The Company agreed to pay the placement
agent a cash fee of 7.5% of the gross proceeds the Company receives under the Purchase Agreement.

The foregoing summaries of the Purchase Agreement, the Pre-Funded Warrants,
the Series A Warrants, the Series B Warrants, and Placement Agency Agreement do not purport to be complete and are subject to, and qualified
in their entirety by, the forms of such documents attached as Exhibits 1.1, 4.1, 4.2, 4.3 and 10.1, respectively, to this Current Report
on Form 8-K (the “ Report”), which are incorporated herein by reference.

The Shares or the Pre-Funded Warrants issued to
investors in the first closing of the Offering were offered by the Company pursuant to a registration statement on Form S-3 (File No.
333-267066), which was filed with the Securities and Exchange Commission on August 25, 2022 and was declared effective by the Commission
on September 2, 2022 (the “ Registration Statement”). A copy of the opinion of Rimon, P. C. relating to the legality of the
issuance and sale of the securities in the Offering is attached as Exhibit 5.1 hereto. This Report shall not constitute an offer to sell
or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any state in which such offer, solicitation
or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

Item 8.01 Other Events.